AECOM (NYSE:ACM) Given Average Rating of “Buy” by Brokerages

AECOM (NYSE:ACM) has been given an average rating of “Buy” by the eight analysts that are presently covering the firm, MarketBeat reports. Eight analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have covered the stock in the last year is $120.38.

Several equities analysts have recently issued reports on ACM shares. Robert W. Baird lowered their price objective on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 4th. KeyCorp reduced their target price on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Citigroup cut their target price on shares of AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, Barclays upped their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th.

AECOM Stock Up 2.0 %

Shares of AECOM stock opened at $95.96 on Tuesday. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The company has a market capitalization of $12.73 billion, a P/E ratio of 27.26, a PEG ratio of 1.63 and a beta of 1.22. The business’s fifty day moving average price is $101.53 and its two-hundred day moving average price is $105.20. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. As a group, research analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 1.08%. AECOM’s dividend payout ratio is presently 29.55%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. grew its holdings in shares of AECOM by 11.2% during the 4th quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company’s stock worth $397,196,000 after purchasing an additional 373,991 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of AECOM by 34.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,258 shares of the construction company’s stock valued at $286,305,000 after acquiring an additional 691,020 shares during the period. Geode Capital Management LLC boosted its stake in shares of AECOM by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,270,408 shares of the construction company’s stock valued at $233,918,000 after purchasing an additional 14,511 shares in the last quarter. Norges Bank bought a new stake in AECOM during the 4th quarter worth approximately $190,495,000. Finally, Northern Trust Corp boosted its stake in AECOM by 53.5% in the fourth quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company’s stock worth $177,844,000 after purchasing an additional 580,078 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

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.