AECOM $ACM Shares Sold by Hennessy Advisors Inc.

Hennessy Advisors Inc. lowered its holdings in shares of AECOM (NYSE:ACM) by 3.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 276,900 shares of the construction company’s stock after selling 8,800 shares during the quarter. Hennessy Advisors Inc.’s holdings in AECOM were worth $16,323,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of AECOM in the 2nd quarter worth approximately $1,003,699,000. Primecap Management Co. CA purchased a new stake in AECOM during the 2nd quarter valued at $613,336,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in AECOM in the second quarter worth $383,701,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in AECOM by 2.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,565,323 shares of the construction company’s stock worth $248,860,000 after buying an additional 83,360 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in AECOM by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,387,535 shares of the construction company’s stock worth $117,680,000 after buying an additional 82,903 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ACM. UBS Group lowered their target price on shares of AECOM from $106.00 to $103.00 and set a “buy” rating for the company in a research note on Thursday, October 8th. Citigroup dropped their target price on shares of AECOM from $84.00 to $79.00 and set a “buy” rating on the stock in a research note on Friday, October 23rd. Zacks Research raised shares of AECOM from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th. Weiss Ratings downgraded shares of AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Finally, Barclays lowered their price target on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a report on Wednesday, August 12th. Eight analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $80.73.

AECOM Trading Down 0.1%

Shares of ACM stock opened at $63.26 on Monday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a 50 day simple moving average of $62.10 and a 200-day simple moving average of $76.28. The company has a market cap of $8.14 billion, a price-to-earnings ratio of 29.02, a PEG ratio of 1.18 and a beta of 0.90. AECOM has a 1-year low of $56.39 and a 1-year high of $135.52.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). AECOM had a return on equity of 19.72% and a net margin of 1.87%. The company had revenue of $3.59 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same period last year, the firm posted $1.34 EPS. The business’s quarterly revenue was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, equities research analysts expect that AECOM will post 3.98 EPS for the current fiscal year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 14th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.0%. The ex-dividend date was Wednesday, October 14th. AECOM’s dividend payout ratio (DPR) is currently 56.88%.

AECOM Profile

AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.

The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.