Citigroup Inc. lessened its position in AECOM (NYSE:ACM – Free Report) by 25.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 480,614 shares of the construction company’s stock after selling 162,490 shares during the quarter. Citigroup Inc.’s holdings in AECOM were worth $62,706,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Westend Capital Management LLC acquired a new position in AECOM in the 3rd quarter valued at about $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of AECOM in the third quarter valued at approximately $26,000. EverSource Wealth Advisors LLC increased its stake in AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after buying an additional 195 shares during the period. Root Financial Partners LLC purchased a new stake in AECOM during the 3rd quarter worth approximately $41,000. Finally, Chilton Capital Management LLC acquired a new stake in AECOM during the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 85.41% of the company’s stock.
AECOM Price Performance
ACM stock opened at $93.31 on Tuesday. The business has a 50 day moving average price of $97.01 and a 200 day moving average price of $113.95. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.08. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 26.51, a PEG ratio of 1.15 and a beta of 1.08. AECOM has a fifty-two week low of $85.00 and a fifty-two week high of $135.52.
Analysts Set New Price Targets
ACM has been the subject of several research reports. Royal Bank Of Canada boosted their price target on shares of AECOM from $139.00 to $142.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group lowered their target price on AECOM from $148.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Weiss Ratings downgraded AECOM from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 29th. UBS Group increased their price target on AECOM from $143.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Citigroup lowered their price objective on AECOM from $152.00 to $131.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, AECOM has a consensus rating of “Moderate Buy” and an average price target of $130.09.
View Our Latest Stock Report on AECOM
AECOM Company Profile
AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.
AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.
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