Compagnie Lombard Odier SCmA Acquires 2,401 Shares of AECOM (NYSE:ACM)

Compagnie Lombard Odier SCmA raised its holdings in shares of AECOM (NYSE:ACM) by 33.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,567 shares of the construction company’s stock after purchasing an additional 2,401 shares during the period. Compagnie Lombard Odier SCmA’s holdings in AECOM were worth $988,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ACM. Quarry LP bought a new position in shares of AECOM in the 4th quarter worth approximately $50,000. V Square Quantitative Management LLC raised its position in shares of AECOM by 72.4% in the 4th quarter. V Square Quantitative Management LLC now owns 1,457 shares of the construction company’s stock worth $135,000 after acquiring an additional 612 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of AECOM by 3.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 431,875 shares of the construction company’s stock worth $39,918,000 after acquiring an additional 13,986 shares in the last quarter. Creekmur Asset Management LLC bought a new position in shares of AECOM in the 4th quarter worth approximately $28,000. Finally, Ables Iannone Moore & Associates Inc. bought a new position in shares of AECOM in the 4th quarter worth approximately $28,000. Institutional investors own 85.41% of the company’s stock.

Wall Street Analysts Forecast Growth

ACM has been the subject of several research reports. StockNews.com lowered AECOM from a “buy” rating to a “hold” rating in a research report on Thursday. KeyCorp raised their price objective on AECOM from $99.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, October 7th. Barclays raised their price objective on AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. Robert W. Baird raised their price objective on AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Finally, Royal Bank of Canada raised their price objective on AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, AECOM currently has an average rating of “Moderate Buy” and a consensus target price of $108.86.

AECOM Stock Performance

Shares of ACM opened at $105.82 on Monday. The business’s fifty day simple moving average is $98.77 and its two-hundred day simple moving average is $93.36. 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 has a 12 month low of $74.40 and a 12 month high of $106.00. The company has a market cap of $14.40 billion, a price-to-earnings ratio of -1,175.78, a P/E/G ratio of 1.58 and a beta of 1.17.

AECOM (NYSE:ACM) last issued its earnings results on Monday, August 5th. The construction company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.12 by $0.04. AECOM had a return on equity of 24.14% and a net margin of 1.61%. The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period last year, the business posted $0.94 EPS. The company’s revenue was up 13.3% compared to the same quarter last year. Research analysts anticipate that AECOM will post 4.46 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Wednesday, October 2nd will be paid a $0.22 dividend. The ex-dividend date is Wednesday, October 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.83%. AECOM’s dividend payout ratio (DPR) is currently -977.78%.

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.