Dupont Capital Management Corp increased its stake in shares of AECOM (NYSE:ACM) by 21.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 107,832 shares of the construction company’s stock after buying an additional 18,932 shares during the period. Dupont Capital Management Corp owned 0.07% of AECOM worth $3,486,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in the stock. Great West Life Assurance Co. Can boosted its position in shares of AECOM by 6.2% in the first quarter. Great West Life Assurance Co. Can now owns 251,670 shares of the construction company’s stock valued at $8,979,000 after buying an additional 14,618 shares during the last quarter. Shikiar Asset Management Inc. bought a new position in shares of AECOM during the first quarter valued at $240,000. Orca Investment Management LLC bought a new position in shares of AECOM during the first quarter valued at $888,000. Canada Pension Plan Investment Board boosted its position in shares of AECOM by 74.4% in the first quarter. Canada Pension Plan Investment Board now owns 27,200 shares of the construction company’s stock valued at $968,000 after buying an additional 11,600 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of AECOM by 103.9% in the first quarter. Wells Fargo & Company MN now owns 313,090 shares of the construction company’s stock valued at $11,143,000 after buying an additional 159,507 shares during the last quarter. Institutional investors own 82.55% of the company’s stock.
AECOM (NYSE ACM) opened at 31.52 on Thursday. AECOM has a 12-month low of $26.46 and a 12-month high of $40.72. The company’s 50-day moving average price is $32.20 and its 200-day moving average price is $33.99. The company has a market cap of $4.94 billion, a PE ratio of 19.30 and a beta of 1.75.
AECOM (NYSE:ACM) last posted its earnings results on Tuesday, August 8th. The construction company reported $0.78 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.78. AECOM had a net margin of 1.46% and a return on equity of 12.19%. The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same period in the prior year, the company posted $0.81 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities analysts anticipate that AECOM will post $2.92 earnings per share for the current year.
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Several equities analysts have recently weighed in on the company. Canaccord Genuity restated a “hold” rating and issued a $36.00 price objective on shares of AECOM in a report on Tuesday, August 8th. Zacks Investment Research cut AECOM from a “buy” rating to a “hold” rating in a report on Friday, April 21st. Deutsche Bank AG reiterated a “hold” rating and set a $38.00 price target (down previously from $41.00) on shares of AECOM in a report on Saturday, April 22nd. Credit Suisse Group reiterated a “hold” rating and set a $37.00 price target on shares of AECOM in a report on Thursday, August 10th. Finally, Robert W. Baird cut AECOM from an “outperform” rating to a “neutral” rating and set a $4.00 price target for the company. in a report on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $35.10.
AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.
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