Aecom (NYSE:ACM) Director Linda M. Griego sold 5,160 shares of the stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $38.11, for a total transaction of $196,647.60. Following the transaction, the director now owns 33,335 shares in the company, valued at $1,270,396.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Aecom (ACM) traded down $0.21 during trading on Tuesday, hitting $38.86. 855,172 shares of the stock traded hands, compared to its average volume of 744,640. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.20 and a quick ratio of 1.20. Aecom has a 1 year low of $30.15 and a 1 year high of $39.51. The company has a market capitalization of $6,130.00, a PE ratio of 18.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.73.

Aecom (NYSE:ACM) last issued its earnings results on Monday, November 13th. The construction company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.03. Aecom had a net margin of 1.86% and a return on equity of 12.12%. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.63 billion. During the same quarter last year, the business earned $0.65 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. analysts forecast that Aecom will post 2.66 earnings per share for the current year.

Aecom declared that its Board of Directors has initiated a stock repurchase program on Thursday, September 21st that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 18.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

A number of brokerages have commented on ACM. Zacks Investment Research upgraded shares of Aecom from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. UBS Group reiterated a “buy” rating and set a $4.00 price target (down from $40.00) on shares of Aecom in a research report on Tuesday, November 14th. KeyCorp restated a “buy” rating on shares of Aecom in a report on Friday, September 22nd. Argus raised their target price on shares of Aecom from $37.00 to $43.00 and gave the stock a “buy” rating in a report on Monday, November 27th. They noted that the move was a valuation call. Finally, Robert W. Baird upgraded shares of Aecom from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $40.00 to $45.00 in a report on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $32.00.

Several institutional investors have recently modified their holdings of the company. Prudential Financial Inc. boosted its holdings in Aecom by 7.5% in the third quarter. Prudential Financial Inc. now owns 1,048,130 shares of the construction company’s stock valued at $38,581,000 after acquiring an additional 73,060 shares in the last quarter. Commonwealth Bank of Australia boosted its holdings in Aecom by 210.0% in the second quarter. Commonwealth Bank of Australia now owns 12,400 shares of the construction company’s stock valued at $400,000 after acquiring an additional 8,400 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Aecom by 9.1% in the third quarter. Schwab Charles Investment Management Inc. now owns 779,074 shares of the construction company’s stock valued at $28,678,000 after acquiring an additional 65,000 shares in the last quarter. Sei Investments Co. boosted its holdings in Aecom by 6.6% in the third quarter. Sei Investments Co. now owns 261,827 shares of the construction company’s stock valued at $9,638,000 after acquiring an additional 16,272 shares in the last quarter. Finally, J.P. Marvel Investment Advisors LLC boosted its holdings in Aecom by 18.3% in the second quarter. J.P. Marvel Investment Advisors LLC now owns 25,820 shares of the construction company’s stock valued at $835,000 after acquiring an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

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Aecom Company Profile

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.

Insider Buying and Selling by Quarter for Aecom (NYSE:ACM)

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