American Century Companies Inc. Purchases 30,055 Shares of AECOM $ACM

American Century Companies Inc. raised its position in AECOM (NYSE:ACM) by 343.3% during the second quarter, Holdings Channel reports. The fund owned 38,810 shares of the construction company’s stock after acquiring an additional 30,055 shares during the period. American Century Companies Inc.’s holdings in AECOM were worth $4,380,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in ACM. Archer Investment Corp increased its position in shares of AECOM by 9.3% during the 2nd quarter. Archer Investment Corp now owns 1,175 shares of the construction company’s stock valued at $133,000 after purchasing an additional 100 shares during the last quarter. Pallas Capital Advisors LLC grew its position in AECOM by 2.1% during the second quarter. Pallas Capital Advisors LLC now owns 5,214 shares of the construction company’s stock valued at $588,000 after buying an additional 107 shares during the period. Allworth Financial LP increased its holdings in AECOM by 38.5% during the second quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after buying an additional 109 shares during the last quarter. Signaturefd LLC raised its position in AECOM by 21.1% in the second quarter. Signaturefd LLC now owns 707 shares of the construction company’s stock worth $80,000 after acquiring an additional 123 shares during the period. Finally, Atria Wealth Solutions Inc. raised its position in AECOM by 4.1% in the second quarter. Atria Wealth Solutions Inc. now owns 3,308 shares of the construction company’s stock worth $373,000 after acquiring an additional 131 shares during the period. 85.41% of the stock is currently owned by institutional investors.

AECOM Stock Performance

ACM stock opened at $102.50 on Monday. AECOM has a 1-year low of $85.00 and a 1-year high of $135.52. The business has a 50-day moving average price of $124.53 and a 200 day moving average price of $119.96. The company has a market capitalization of $13.58 billion, a P/E ratio of 24.35, a PEG ratio of 1.48 and a beta of 1.05. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.14 and a quick ratio of 1.14.

AECOM (NYSE:ACM) last posted its earnings results on Tuesday, November 18th. The construction company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. AECOM had a net margin of 3.48% and a return on equity of 27.35%. The business had revenue of $4.18 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter last year, the firm posted $1.27 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. As a group, equities research analysts forecast that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, January 7th will be paid a dividend of $0.31 per share. This is an increase from AECOM’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, January 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. AECOM’s dividend payout ratio (DPR) is currently 24.70%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ACM. Robert W. Baird dropped their target price on shares of AECOM from $144.00 to $143.00 and set a “neutral” rating for the company in a report on Wednesday, November 19th. Truist Financial lifted their price objective on shares of AECOM from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, November 21st. Royal Bank Of Canada lowered their price target on AECOM from $142.00 to $139.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Citigroup upped their target price on AECOM from $150.00 to $152.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Finally, Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $141.90.

AECOM 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.