KeyCorp Raises AECOM (NYSE:ACM) Price Target to $105.00

AECOM (NYSE:ACM) had its price target boosted by KeyCorp from $104.00 to $105.00 in a research report released on Friday, Benzinga reports. KeyCorp currently has an overweight rating on the construction company’s stock.

Other equities analysts have also issued reports about the stock. Barclays boosted their price objective on shares of AECOM from $90.00 to $100.00 and gave the stock an overweight rating in a report on Tuesday, February 13th. Robert W. Baird boosted their price target on AECOM from $100.00 to $103.00 and gave the stock an outperform rating in a research note on Tuesday, February 6th. Truist Financial initiated coverage on AECOM in a research report on Thursday, March 14th. They set a buy rating and a $106.00 price objective on the stock. TheStreet raised AECOM from a c+ rating to a b rating in a research report on Monday, February 5th. Finally, Royal Bank of Canada restated an outperform rating and set a $109.00 target price on shares of AECOM in a research note on Wednesday, February 7th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of Buy and a consensus target price of $105.43.

AECOM Trading Down 0.7 %

NYSE ACM opened at $92.65 on Friday. The stock’s fifty day moving average price is $92.86 and its 200-day moving average price is $88.81. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.87. The stock has a market cap of $12.60 billion, a P/E ratio of 205.89, a P/E/G ratio of 1.39 and a beta of 1.24. AECOM has a 12 month low of $74.40 and a 12 month high of $98.72.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.92 by $0.13. The company had revenue of $3.90 billion for the quarter. AECOM had a net margin of 0.42% and a return on equity of 21.45%. During the same period last year, the company posted $0.86 earnings per share. As a group, equities analysts forecast that AECOM will post 4.43 EPS for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Tuesday, April 23rd. AECOM’s payout ratio is currently 195.56%.

Institutional Trading of AECOM

Large investors have recently added to or reduced their stakes in the business. Janiczek Wealth Management LLC bought a new position in AECOM in the third quarter worth approximately $28,000. Ables Iannone Moore & Associates Inc. purchased a new stake in shares of AECOM in the 4th quarter worth $28,000. Creekmur Asset Management LLC bought a new position in AECOM in the 4th quarter worth $28,000. Rise Advisors LLC bought a new position in AECOM in the 1st quarter worth $31,000. Finally, GAMMA Investing LLC purchased a new position in AECOM during the fourth quarter valued at approximately $35,000. 85.41% of the stock is currently owned by institutional investors.

About AECOM

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.