Corient Private Wealth LLC Purchases 664 Shares of AECOM (NYSE:ACM)

Corient Private Wealth LLC boosted its position in shares of AECOM (NYSE:ACM) by 14.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,363 shares of the construction company’s stock after acquiring an additional 664 shares during the quarter. Corient Private Wealth LLC’s holdings in AECOM were worth $573,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Magnus Financial Group LLC raised its holdings in shares of AECOM by 93.5% in the 4th quarter. Magnus Financial Group LLC now owns 4,860 shares of the construction company’s stock valued at $519,000 after purchasing an additional 2,348 shares during the period. JPMorgan Chase & Co. raised its stake in AECOM by 40.1% in the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company’s stock valued at $79,339,000 after buying an additional 220,035 shares during the period. TT International Asset Management LTD acquired a new stake in shares of AECOM in the fourth quarter valued at approximately $3,578,000. Raymond James Financial Inc. bought a new position in shares of AECOM during the 4th quarter worth approximately $9,705,000. Finally, Park Avenue Securities LLC increased its holdings in shares of AECOM by 176.9% during the 4th quarter. Park Avenue Securities LLC now owns 7,239 shares of the construction company’s stock worth $773,000 after acquiring an additional 4,625 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ACM. Barclays raised their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. KeyCorp cut their target price on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Robert W. Baird decreased their price target 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. Finally, Citigroup cut their price objective on shares of AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $120.38.

AECOM Stock Down 2.2 %

Shares of ACM opened at $92.48 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $12.27 billion, a PE ratio of 26.27, a P/E/G ratio of 1.63 and a beta of 1.22. The firm’s 50 day moving average is $100.34 and its 200-day moving average is $105.05. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56.

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

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 1.12%. AECOM’s payout ratio is 29.55%.

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.