Rockefeller Capital Management L.P. Drastically Reduces Stake in AECOM During 4th Quarter
July 5, 2023
🌥️Trending News
AECOM ($NYSE:ACM) is a global network of experts providing integrated and innovative services in engineering design, architecture, construction, and management consulting. Recently, Rockefeller Capital Management L.P. has drastically reduced its stake in AECOM during the 4th quarter, according to a filing with the Securities and Exchange Commission. This reduction in the number of shares held by Rockefeller Capital Management L.P. may have an impact on the stock price of AECOM, as the company’s share price could go down due to the decreased demand for the stock. Investors should keep an eye on future filings with the Securities and Exchange Commission to see what other changes Rockefeller Capital Management L.P. makes in its holdings of AECOM stocks.
Price History
Monday saw AECOM stock open at $84.3 and close at $85.7, a rise of 1.2% from the previous day’s closing price of $84.7. It sold nearly half of its shares in the company representing a significant decrease. The move is seen as a sign that investors are not confident in the current state or future performance of AECOM. This could have a negative impact on the overall stock movement and market sentiment in the coming days. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aecom. More…
| Total Revenues | Net Income | Net Margin |
| 13.54k | 372.07 | 3.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aecom. More…
| Operations | Investing | Financing |
| 651.86 | -164.69 | -367.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aecom. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.39k | 8.65k | 18.7 |
Key Ratios Snapshot
Some of the financial key ratios for Aecom are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -12.0% | 0.8% | 5.5% |
| FCF Margin | ROE | ROA |
| 3.7% | 18.1% | 4.1% |
Analysis
At GoodWhale, we provide a comprehensive analysis of AECOM‘s fundamentals to help you make informed decision when investing. Based on our Risk Rating, AECOM is a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in the income sheet and balance sheet, so if you want to learn more about them, be sure to register with us! Our team of experts are available to answer any further questions you may have. More…
Peers
The company’s competitors include Vinci SA, Jacobs Engineering Group Inc, and KEC International Ltd.
– Vinci SA ($LTS:0NQM)
Vinci SA is a French concessions and construction company. The company has a market capitalization of 48.68 billion as of 2022 and a return on equity of 16.12%. The company’s main businesses are in the construction and operation of infrastructure assets, including airports, motorways, railways, and bridges. The company also has concession businesses in the healthcare and energy sectors.
– Jacobs Engineering Group Inc ($NYSE:J)
As of 2022, Jacobs Engineering Group Inc has a market cap of 14.42B and ROE of 8.89%. The company is a leading provider of engineering, technical, and construction services. It has a diversified client base that includes government, commercial, and industrial clients. The company has a strong history of delivering quality projects on time and within budget.
– KEC International Ltd ($BSE:532714)
KEC International Ltd is an infrastructure engineering company. It operates in the following business segments: Power Transmission, Railways, Cables, Transformers, Civil, Water, and Defence. The company has a market cap of 109.13B as of 2022 and a Return on Equity of 12.5%. KEC International Ltd is a leading infrastructure engineering company with a strong presence in India and a growing international footprint. The company’s extensive product and services portfolio includes power transmission, railways, cables, transformers, civil, water, and defence. KEC International Ltd is well-positioned to benefit from the growing demand for infrastructure development in India and across the globe.
Summary
Rockefeller Capital Management L.P. recently made a large reduction to its position in AECOM. This could indicate a shift in sentiment regarding the performance of AECOM’s stock or a reallocation of resources for other investments. Analysts may want to keep an eye on AECOM’s stock and consider the implications of this transaction when making their own investment decisions.
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