AECOM (NYSE:ACM) Short Interest Update

AECOM (NYSE:ACM) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 1,730,000 shares, an increase of 14.6% from the June 30th total of 1,510,000 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 793,500 shares, the days-to-cover ratio is presently 2.2 days.

Insider Buying and Selling

In other AECOM news, Director Douglas Stotlar sold 7,179 shares of AECOM stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $93.51, for a total transaction of $671,308.29. Following the sale, the director now directly owns 34,667 shares of the company’s stock, valued at $3,241,711.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ACM. EntryPoint Capital LLC acquired a new position in shares of AECOM in the 1st quarter valued at $25,000. Ables Iannone Moore & Associates Inc. acquired a new position in shares of AECOM in the 4th quarter valued at $28,000. Creekmur Asset Management LLC acquired a new position in shares of AECOM in the 4th quarter valued at $28,000. Rise Advisors LLC acquired a new position in shares of AECOM in the 1st quarter valued at $31,000. Finally, Family Firm Inc. acquired a new stake in AECOM during the 2nd quarter worth $31,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ACM shares. Robert W. Baird decreased their price objective on AECOM from $110.00 to $96.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Truist Financial cut their target price on shares of AECOM from $113.00 to $107.00 and set a “buy” rating for the company in a research note on Tuesday, July 2nd. KeyCorp cut their target price on shares of AECOM from $105.00 to $94.00 and set an “overweight” rating for the company in a research note on Wednesday, July 17th. UBS Group lifted their target price on shares of AECOM from $105.00 to $106.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Finally, Citigroup cut their target price on shares of AECOM from $116.00 to $104.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $101.88.

AECOM Trading Down 0.3 %

ACM stock traded down $0.26 during trading on Monday, hitting $89.97. The company had a trading volume of 100,345 shares, compared to its average volume of 765,984. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.88. The firm has a 50-day moving average price of $87.59 and a 200-day moving average price of $90.39. AECOM has a 12 month low of $74.40 and a 12 month high of $98.72. The stock has a market cap of $12.25 billion, a price-to-earnings ratio of -1,006.00, a PEG ratio of 1.28 and a beta of 1.17.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, May 6th. The construction company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.01). AECOM had a positive return on equity of 22.73% and a negative net margin of 0.09%. The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the firm earned $0.92 EPS. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. As a group, analysts predict that AECOM will post 4.47 earnings per share for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Wednesday, July 3rd were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend was Wednesday, July 3rd. AECOM’s dividend payout ratio (DPR) is presently -977.67%.

AECOM Company 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.