Meeder Asset Management Inc. purchased a new position in AECOM (NYSE:ACM – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 74,592 shares of the construction company’s stock, valued at approximately $7,316,000. Meeder Asset Management Inc. owned approximately 0.05% of AECOM at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of ACM. Ables Iannone Moore & Associates Inc. bought a new position in AECOM in the 4th quarter worth about $28,000. Creekmur Asset Management LLC bought a new position in shares of AECOM in the fourth quarter worth approximately $28,000. Rise Advisors LLC purchased a new stake in shares of AECOM during the first quarter valued at approximately $31,000. GAMMA Investing LLC purchased a new stake in shares of AECOM during the fourth quarter valued at approximately $35,000. Finally, Headlands Technologies LLC bought a new stake in shares of AECOM during the fourth quarter valued at approximately $40,000. 85.41% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at AECOM
In other news, Director Douglas Stotlar sold 7,179 shares of AECOM stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $93.51, for a total value of $671,308.29. Following the sale, the director now directly owns 34,667 shares of the company’s stock, valued at $3,241,711.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.42% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on ACM
AECOM Price Performance
Shares of AECOM stock traded up $0.10 during trading hours on Monday, hitting $87.26. The company’s stock had a trading volume of 651,437 shares, compared to its average volume of 767,756. The company has a market cap of $11.88 billion, a PE ratio of -969.45, a PEG ratio of 1.23 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 business has a 50 day moving average price of $87.96 and a two-hundred day moving average price of $90.41. AECOM has a 12-month low of $74.40 and a 12-month high of $98.72.
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings results on Monday, May 6th. The construction company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.01). The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $1.80 billion. AECOM had a positive return on equity of 22.73% and a negative net margin of 0.09%. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 earnings per share. Analysts expect that AECOM will post 4.47 earnings per share for the current fiscal year.
AECOM Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.01%. The ex-dividend date is Wednesday, July 3rd. AECOM’s payout ratio is currently -977.67%.
AECOM Company Profile
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.
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