Barrow Hanley Mewhinney & Strauss LLC Has $235.62 Million Position in AECOM (NYSE:ACM)

Barrow Hanley Mewhinney & Strauss LLC reduced its stake in AECOM (NYSE:ACM) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,205,755 shares of the construction company’s stock after selling 84,227 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 1.66% of AECOM worth $235,619,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Schroder Investment Management Group boosted its holdings in AECOM by 39.9% during the 4th quarter. Schroder Investment Management Group now owns 8,792 shares of the construction company’s stock worth $939,000 after acquiring an additional 2,508 shares during the last quarter. Allstate Corp bought a new position in shares of AECOM during the 4th quarter worth approximately $419,000. Brown Brothers Harriman & Co. boosted its stake in shares of AECOM by 17.5% in the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company’s stock worth $74,000 after buying an additional 103 shares during the last quarter. Norges Bank purchased a new stake in shares of AECOM during the fourth quarter valued at approximately $190,495,000. Finally, Loomis Sayles & Co. L P lifted its holdings in AECOM by 3.7% during the fourth quarter. Loomis Sayles & Co. L P now owns 169,508 shares of the construction company’s stock worth $18,107,000 after acquiring an additional 6,007 shares during the period. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Trading Down 2.2 %

Shares of NYSE:ACM opened at $92.48 on Friday. The company has a market cap of $12.27 billion, a PE ratio of 26.27, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. AECOM has a 12-month low of $82.23 and a 12-month high of $118.56. The stock has a 50 day moving average of $100.34 and a 200 day moving average of $105.12. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. As a group, equities research analysts expect that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.12%. The ex-dividend date is Wednesday, April 2nd. AECOM’s dividend payout ratio is currently 29.55%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. KeyCorp decreased their target price on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Citigroup cut their price objective on shares of AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Barclays raised their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, Robert W. Baird lowered their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $120.38.

AECOM Company 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.