Mercer Global Advisors Inc. ADV Acquires Shares of 4,415 AECOM (NYSE:ACM)

Mercer Global Advisors Inc. ADV bought a new position in AECOM (NYSE:ACMGet Rating) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,415 shares of the construction company’s stock, valued at approximately $339,000.

A number of other large investors have also made changes to their positions in ACM. Pictet Asset Management SA grew its position in AECOM by 135.7% during the 4th quarter. Pictet Asset Management SA now owns 3,780,644 shares of the construction company’s stock worth $292,433,000 after purchasing an additional 2,176,952 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in shares of AECOM by 69.7% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 519,186 shares of the construction company’s stock worth $40,159,000 after buying an additional 213,172 shares during the period. Bank of Nova Scotia purchased a new position in shares of AECOM during the first quarter valued at $10,725,000. Qube Research & Technologies Ltd acquired a new position in AECOM during the first quarter valued at $9,604,000. Finally, Walleye Capital LLC purchased a new stake in AECOM in the 4th quarter worth about $8,212,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

AECOM Trading Up 0.0 %

Shares of NYSE:ACM opened at $73.15 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $10.22 billion, a PE ratio of 34.83, a P/E/G ratio of 1.48 and a beta of 1.40. AECOM has a 1 year low of $60.74 and a 1 year high of $79.97. The firm has a fifty day moving average price of $70.00 and a 200 day moving average price of $71.31.

AECOM (NYSE:ACMGet Rating) last released its quarterly earnings results on Monday, August 8th. The construction company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.04. AECOM had a return on equity of 18.25% and a net margin of 2.30%. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.49 billion. During the same quarter in the prior year, the company posted $0.73 EPS. The firm’s revenue was down 4.9% on a year-over-year basis. Analysts expect that AECOM will post 3.46 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Stockholders of record on Wednesday, July 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Tuesday, July 5th. AECOM’s payout ratio is 28.57%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Credit Suisse Group upped their target price on AECOM to $81.00 in a report on Monday, August 15th. Citigroup cut their target price on shares of AECOM from $92.00 to $85.00 in a research report on Friday, July 22nd. StockNews.com raised shares of AECOM from a “hold” rating to a “buy” rating in a research note on Thursday, July 28th. Finally, Robert W. Baird lifted their price objective on AECOM from $82.00 to $89.00 and gave the company an “outperform” rating in a research report on Friday, August 26th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, AECOM has a consensus rating of “Moderate Buy” and an average target price of $88.38.

AECOM Profile

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AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through 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 commercial and government clients.

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Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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