Baird Financial Group Inc. Raises Position in AECOM $ACM

Baird Financial Group Inc. raised its position in AECOM (NYSE:ACM) by 20.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,151 shares of the construction company’s stock after buying an additional 9,306 shares during the quarter. Baird Financial Group Inc.’s holdings in AECOM were worth $6,224,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its stake in AECOM by 189.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after buying an additional 195 shares in the last quarter. MAI Capital Management bought a new position in shares of AECOM in the first quarter worth $28,000. Caitong International Asset Management Co. Ltd grew its position in shares of AECOM by 212.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of AECOM during the 1st quarter valued at $33,000. Finally, Allworth Financial LP raised its stake in shares of AECOM by 38.5% during the 2nd quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after purchasing an additional 109 shares during the period. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Trading Down 1.2%

Shares of AECOM stock opened at $100.28 on Wednesday. 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 has a 1 year low of $85.00 and a 1 year high of $135.52. The firm has a market cap of $13.28 billion, a PE ratio of 23.82, a PEG ratio of 1.47 and a beta of 1.05. The company has a 50 day simple moving average of $123.36 and a two-hundred day simple moving average of $119.87.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 EPS for the quarter, topping 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 firm had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the prior year, the firm earned $1.27 EPS. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. Analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Wednesday, January 7th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.2%. This is an increase from AECOM’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, January 7th. AECOM’s dividend payout ratio is presently 24.70%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Citigroup lifted their target price on AECOM from $150.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. Truist Financial raised their price objective on shares of AECOM from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Friday, November 21st. KeyCorp upped their target price on shares of AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Royal Bank Of Canada lowered their target price on shares of AECOM from $142.00 to $139.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Finally, Baird R W lowered shares of AECOM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.