Jeff Smith’s Top 5 Stock Picks

3. AECOM (NYSE: ACM)

Value: $386,890,000
Percent of Jeffrey Smith’s 13F Portfolio: 9.83%
No. of Hedge Fund Holders: 37

Aecom is an infrastructure consulting company providing planning, consulting, architectural and engineering services for commercial clients and governments in transportation, water, government, facilities and energy sectors. Jeff Smith’s Starboard Value has a $386.9 million stake in the company. In the fiscal first quarter, the company posted adjusted EPS of $0.62, beating the estimates by $0.05. Revenue in the quarter jumped 2.2% to $3.31 billion, beating the consensus by $100 million. Operating cash flow in the period was $7 million.

A total of 37 hedge funds tracked by Insider Monkey were bullish ACM at the end of the fourth quarter, down from 39 funds a quarter earlier. Starboard Value, with 7.8 million shares of ACM, is the biggest stakeholder in the company.