AECOM (NYSE:ACM) Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC increased its stake in shares of AECOM (NYSE:ACM) by 11.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,536 shares of the construction company’s stock after buying an additional 2,275 shares during the quarter. Metis Global Partners LLC’s holdings in AECOM were worth $2,224,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in ACM. EntryPoint Capital LLC purchased a new stake in AECOM in the first quarter valued at $25,000. Family Firm Inc. acquired a new position in shares of AECOM during the 2nd quarter worth about $31,000. UMB Bank n.a. raised its holdings in AECOM by 196.2% in the 3rd quarter. UMB Bank n.a. now owns 388 shares of the construction company’s stock valued at $40,000 after acquiring an additional 257 shares during the last quarter. Kathleen S. Wright Associates Inc. acquired a new stake in AECOM in the 3rd quarter valued at about $50,000. Finally, Versant Capital Management Inc raised its holdings in AECOM by 4,375.0% in the 2nd quarter. Versant Capital Management Inc now owns 537 shares of the construction company’s stock valued at $47,000 after acquiring an additional 525 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Stock Down 0.3 %

ACM stock opened at $106.93 on Friday. The company has a market cap of $14.34 billion, a P/E ratio of 57.49, a P/E/G ratio of 1.69 and a beta of 1.17. AECOM has a 52 week low of $82.23 and a 52 week high of $115.74. The company’s 50-day moving average price is $104.62 and its 200 day moving average price is $95.61. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98.

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, October 2nd were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Wednesday, October 2nd. AECOM’s payout ratio is currently 47.31%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Truist Financial increased their price target on shares of AECOM from $108.00 to $119.00 and gave the company a “buy” rating in a research note on Friday, October 4th. Barclays increased their price target on shares of AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. Citigroup increased their price target on shares of AECOM from $110.00 to $128.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Robert W. Baird increased their price objective on shares of AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Finally, StockNews.com raised shares of AECOM from a “hold” rating to a “buy” rating in a research report on Sunday, October 27th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM has an average rating of “Buy” and an average price target of $113.29.

Insiders Place Their Bets

In other AECOM news, CFO Gaurav Kapoor sold 42,400 shares of AECOM stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total transaction of $4,890,416.00. Following the completion of the transaction, the chief financial officer now owns 31,228 shares in the company, valued at approximately $3,601,837.52. The trade was a 57.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.42% of the stock is currently owned by company insiders.

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.