Dimensional Fund Advisors LP Raises Stake in AECOM (ACM)

Dimensional Fund Advisors LP increased its position in AECOM (NYSE:ACM) by 10.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,570,122 shares of the construction company’s stock after buying an additional 430,748 shares during the period. Dimensional Fund Advisors LP’s holdings in AECOM were worth $162,648,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ACM. Webster Bank N. A. increased its position in shares of AECOM by 39.8% in the first quarter. Webster Bank N. A. now owns 4,110 shares of the construction company’s stock worth $146,000 after buying an additional 1,170 shares in the last quarter. Financial Architects Inc raised its stake in AECOM by 30.8% in the first quarter. Financial Architects Inc now owns 4,584 shares of the construction company’s stock worth $163,000 after buying an additional 1,079 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in AECOM during the first quarter worth $203,000. Laurion Capital Management LP purchased a new stake in AECOM during the first quarter worth $221,000. Finally, A.R.T. Advisors LLC purchased a new stake in AECOM during the fourth quarter worth $236,000. 82.53% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for AECOM (NYSE:ACM)

AECOM (NYSE ACM) traded down 1.13% on Tuesday, hitting $32.39. 866,516 shares of the stock traded hands. The stock has a 50-day moving average of $32.89 and a 200-day moving average of $35.48. AECOM has a 12-month low of $26.46 and a 12-month high of $40.72. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 22.81 and a beta of 1.72.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Tuesday, May 9th. The construction company reported $0.89 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.34. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.47 billion. AECOM had a return on equity of 12.40% and a net margin of 1.28%. AECOM’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.87 earnings per share. Analysts forecast that AECOM will post $2.96 earnings per share for the current year.

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A number of equities research analysts recently weighed in on the stock. BidaskClub lowered shares of AECOM from a “sell” rating to a “strong sell” rating in a report on Tuesday. Argus lowered their price target on shares of AECOM from $43.00 to $33.00 and set a “buy” rating for the company in a report on Friday, June 2nd. Deutsche Bank AG reissued a “hold” rating and set a $38.00 price objective (down from $41.00) on shares of AECOM in a report on Saturday, April 22nd. Zacks Investment Research lowered shares of AECOM from a “buy” rating to a “hold” rating in a report on Friday, April 21st. Finally, Robert W. Baird lowered shares of AECOM from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $45.00 to $40.00 in a report on Friday, April 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $39.63.

In other AECOM news, EVP Carla J. Christofferson sold 9,599 shares of AECOM stock in a transaction dated Friday, March 24th. The stock was sold at an average price of $34.60, for a total value of $332,125.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.14% of the company’s stock.


AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.

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