AECOM (NYSE:ACM) Given New $109.00 Price Target at KeyCorp

AECOM (NYSE:ACM) had its price objective decreased by KeyCorp from $121.00 to $109.00 in a research report sent to investors on Wednesday,Benzinga reports. KeyCorp currently has an overweight rating on the construction company’s stock.

Several other brokerages also recently commented on ACM. Barclays lifted their target price on shares of AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup decreased their target price on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Truist Financial dropped their price target on AECOM from $129.00 to $121.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Finally, Robert W. Baird lowered their price objective on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 4th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $117.88.

AECOM Price Performance

Shares of NYSE ACM opened at $94.24 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The business’s 50 day moving average price is $95.41 and its two-hundred day moving average price is $104.14. The company has a market cap of $12.50 billion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56.

AECOM (NYSE:ACM) last posted its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, topping 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%. On average, analysts predict that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

Institutional Investors Weigh In On AECOM

A number of large investors have recently modified their holdings of ACM. Principal Securities Inc. lifted its position in shares of AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock worth $25,000 after buying an additional 116 shares during the last quarter. Allworth Financial LP raised its stake in AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock worth $29,000 after acquiring an additional 207 shares in the last quarter. National Pension Service bought a new position in shares of AECOM in the fourth quarter worth about $32,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of AECOM in the 4th quarter valued at approximately $35,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of AECOM during the 4th quarter valued at approximately $51,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

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.