Aecom (NYSE:ACM) insider Lara Poloni sold 4,976 shares of the business’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $36.70, for a total transaction of $182,619.20. Following the sale, the insider now directly owns 3,895 shares in the company, valued at approximately $142,946.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Aecom (NYSE:ACM) opened at $36.66 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.86. Aecom has a one year low of $30.15 and a one year high of $39.90. The firm has a market cap of $5,835.14, a price-to-earnings ratio of 14.49, a P/E/G ratio of 2.45 and a beta of 1.72.
Aecom (NYSE:ACM) last issued its quarterly earnings data on Tuesday, February 6th. The construction company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. Aecom had a net margin of 2.15% and a return on equity of 11.74%. The company had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the previous year, the firm posted $0.53 earnings per share. Aecom’s revenue for the quarter was up 12.7% on a year-over-year basis. analysts forecast that Aecom will post 2.69 EPS for the current year.
A number of research firms have weighed in on ACM. Barclays began coverage on shares of Aecom in a research note on Tuesday, December 12th. They set an “underweight” rating and a $34.00 target price on the stock. Argus boosted their target price on shares of Aecom from $37.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, November 27th. They noted that the move was a valuation call. Citigroup boosted their target price on shares of Aecom from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Zacks Investment Research cut shares of Aecom from a “hold” rating to a “sell” rating in a research note on Thursday, February 1st. Finally, Robert W. Baird raised shares of Aecom from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $40.00 to $45.00 in a research note on Wednesday, January 3rd. Three research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $36.40.
Several institutional investors have recently modified their holdings of the stock. Luminus Management LLC boosted its position in Aecom by 79.8% during the fourth quarter. Luminus Management LLC now owns 1,475,227 shares of the construction company’s stock valued at $54,805,000 after acquiring an additional 654,568 shares during the last quarter. Clearbridge LLC boosted its position in Aecom by 80.3% during the fourth quarter. Clearbridge LLC now owns 1,307,870 shares of the construction company’s stock valued at $48,587,000 after acquiring an additional 582,500 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new stake in Aecom during the fourth quarter valued at $17,573,000. Russell Investments Group Ltd. boosted its position in Aecom by 36.7% during the third quarter. Russell Investments Group Ltd. now owns 984,497 shares of the construction company’s stock valued at $36,240,000 after acquiring an additional 264,266 shares during the last quarter. Finally, BlackRock Inc. boosted its position in Aecom by 1.6% during the fourth quarter. BlackRock Inc. now owns 12,535,917 shares of the construction company’s stock valued at $465,709,000 after acquiring an additional 198,111 shares during the last quarter. 83.99% of the stock is currently owned by institutional investors.
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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