Little House Capital LLC Invests $753,000 in AECOM (NYSE:ACM)

Little House Capital LLC acquired a new position in AECOM (NYSE:ACM) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,675 shares of the construction company’s stock, valued at approximately $753,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ables Iannone Moore & Associates Inc. bought a new position in shares of AECOM during the fourth quarter valued at approximately $28,000. Creekmur Asset Management LLC purchased a new position in AECOM during the fourth quarter valued at $28,000. Rise Advisors LLC bought a new stake in AECOM in the first quarter worth $31,000. GAMMA Investing LLC purchased a new stake in shares of AECOM in the fourth quarter worth $35,000. Finally, Headlands Technologies LLC bought a new position in shares of AECOM during the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Price Performance

AECOM stock traded down $2.47 during trading on Monday, reaching $85.67. The company had a trading volume of 290,789 shares, compared to its average volume of 760,091. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.06. The firm’s 50-day simple moving average is $89.82 and its 200 day simple moving average is $90.96. AECOM has a 52 week low of $74.40 and a 52 week high of $98.72.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, May 6th. The construction company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.01). The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $1.80 billion. AECOM had a positive return on equity of 22.73% and a negative net margin of 0.09%. The firm’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. Research analysts expect that AECOM will post 4.49 earnings per share for the current year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Wednesday, July 3rd will be given a dividend of $0.22 per share. The ex-dividend date is Wednesday, July 3rd. This represents a $0.88 annualized dividend and a dividend yield of 1.03%. AECOM’s payout ratio is -977.67%.

Insider Activity at AECOM

In related news, Director Douglas Stotlar sold 7,179 shares of the stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $93.51, for a total transaction of $671,308.29. Following the completion of the sale, the director now owns 34,667 shares in the company, valued at $3,241,711.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. UBS Group raised their price objective 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. Robert W. Baird boosted their price objective on shares of AECOM from $104.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, May 7th. Citigroup increased their price objective on AECOM from $107.00 to $116.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. KeyCorp lifted their target price on shares of AECOM from $104.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, April 19th. Finally, Truist Financial reissued a “buy” rating and set a $113.00 price target (up from $106.00) on shares of AECOM in a report on Wednesday, May 8th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, AECOM presently has an average rating of “Buy” and a consensus price target of $107.25.

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.