AECOM (NYSE:ACM) Short Interest Up 16.2% in July

AECOM (NYSE:ACM) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,010,000 shares, an increase of 16.2% from the July 15th total of 1,730,000 shares. Based on an average trading volume of 888,500 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.5% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ACM shares. UBS Group lifted their price objective on shares of AECOM from $105.00 to $106.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Royal Bank of Canada lifted their price target on AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. KeyCorp boosted their price target on AECOM from $94.00 to $99.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. Robert W. Baird raised their price objective on AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Finally, Citigroup decreased their target price on AECOM from $116.00 to $104.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $105.00.

AECOM Trading Up 0.0 %

Shares of ACM stock traded up $0.03 during mid-day trading on Friday, hitting $96.46. The company’s stock had a trading volume of 406,617 shares, compared to its average volume of 803,770. The company has a market cap of $13.13 billion, a PE ratio of -1,071.78, a P/E/G ratio of 1.47 and a beta of 1.17. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.06 and a current ratio of 1.06. The company’s fifty day simple moving average is $89.21 and its 200-day simple moving average is $90.76. AECOM has a 52 week low of $74.40 and a 52 week high of $98.72.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, August 5th. The construction company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.12 by $0.04. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $1.85 billion. AECOM had a negative net margin of 0.09% and a positive return on equity of 22.73%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 EPS. As a group, equities research analysts expect that AECOM will post 4.42 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Wednesday, July 3rd were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Wednesday, July 3rd. AECOM’s payout ratio is currently -977.78%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. CreativeOne Wealth LLC grew its holdings in AECOM by 3.4% during the first quarter. CreativeOne Wealth LLC now owns 3,423 shares of the construction company’s stock worth $336,000 after buying an additional 114 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of AECOM by 6.7% in the 2nd quarter. Fifth Third Bancorp now owns 1,808 shares of the construction company’s stock worth $159,000 after acquiring an additional 114 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of AECOM by 4.7% in the second quarter. Assenagon Asset Management S.A. now owns 3,102 shares of the construction company’s stock valued at $273,000 after purchasing an additional 138 shares during the last quarter. Nilsine Partners LLC lifted its position in shares of AECOM by 1.1% during the second quarter. Nilsine Partners LLC now owns 13,981 shares of the construction company’s stock valued at $1,232,000 after purchasing an additional 152 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in AECOM by 5.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,338 shares of the construction company’s stock worth $294,000 after purchasing an additional 167 shares during the last quarter. 85.41% of the stock is owned by institutional investors.

About AECOM

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.