From MarketBeat:
New York State Common Retirement Fund decreased its position in AECOM by 5.3% during the 3rd quarter, owning 332,026 shares worth $27,571,000. Other large investors have also added to or reduced their stakes in the company. Institutional investors own 84.79% of the company’s stock.
Insiders Place Their Bets
AECOM Director Douglas Stotlar sold 9,641 shares at an average price of $86.76, totaling $836,453.16, now owning 39,818 shares. Additionally, President Lara Poloni sold 30,692 shares at an average price of $92.50, totaling $2,839,010.00. In the last 90 days, insiders sold 65,333 shares valued at $5,994,463.
Analyst Ratings Changes
ACM has been the topic of several recent analyst reports. Six analysts have rated the stock with a consensus rating of “Buy” and a consensus target price of $101.00.
AECOM Price Performance
AECOM opened at $90.22 on Friday, and has a market cap of $12.27 billion. The company had revenue of $1.73 billion during the last financial quarter and is expected to post 4.45 earnings per share for the current fiscal year.
AECOM Increases Dividend
AECOM also recently announced a quarterly dividend, paying $0.22, a positive change from the previous $0.18 dividend, with an annualized yield of 0.98%. AECOM’s payout ratio is 225.65%.
AECOM Company Profile
AECOM provides professional infrastructure consulting services worldwide. It offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.
Read more: New York State Common Retirement Fund Sells 18,523 Shares of AECOM (NYSE:ACM)