California Public Employees Retirement System Has $28.79 Million Stock Holdings in AECOM $ACM

California Public Employees Retirement System grew its position in AECOM (NYSE:ACM) by 6.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 255,061 shares of the construction company’s stock after buying an additional 15,935 shares during the period. California Public Employees Retirement System owned approximately 0.19% of AECOM worth $28,786,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Invesco Ltd. lifted its holdings in AECOM by 79.1% during the second quarter. Invesco Ltd. now owns 4,361,755 shares of the construction company’s stock worth $492,268,000 after acquiring an additional 1,926,466 shares in the last quarter. Northern Trust Corp raised its position in shares of AECOM by 33.2% during the first quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company’s stock worth $205,713,000 after purchasing an additional 553,519 shares during the period. Amundi lifted its holdings in shares of AECOM by 9.7% during the 2nd quarter. Amundi now owns 1,846,136 shares of the construction company’s stock valued at $208,355,000 after purchasing an additional 162,870 shares in the last quarter. Norges Bank acquired a new position in shares of AECOM in the 2nd quarter valued at approximately $200,879,000. Finally, Impax Asset Management Group plc increased its stake in AECOM by 0.9% during the 2nd quarter. Impax Asset Management Group plc now owns 1,516,823 shares of the construction company’s stock worth $171,189,000 after purchasing an additional 13,453 shares in the last quarter. Institutional investors own 85.41% of the company’s stock.

AECOM Trading Down 1.1%

AECOM stock opened at $99.19 on Thursday. The company has a market cap of $13.14 billion, a price-to-earnings ratio of 23.56, a P/E/G ratio of 1.45 and a beta of 1.05. The firm has a 50-day moving average of $122.73 and a 200-day moving average of $119.72. 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 one year low of $85.00 and a one year high of $135.52.

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

AECOM Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, January 7th will be paid a $0.31 dividend. This is a boost from AECOM’s previous quarterly dividend of $0.26. This represents a $1.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, January 7th. AECOM’s dividend payout ratio (DPR) is 24.70%.

Analyst Upgrades and Downgrades

ACM has been the topic of a number of research reports. Robert W. Baird cut their price target on shares of AECOM from $144.00 to $143.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 19th. Argus cut their price objective on shares of AECOM from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Citigroup upped their target price on shares of AECOM from $150.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Baird R W cut AECOM from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of AECOM in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, AECOM presently has a consensus rating of “Moderate Buy” and an average target price of $141.90.

About AECOM

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.