California State Teachers Retirement System Has $4.81 Million Stock Holdings in Amentum Holdings, Inc. $AMTM

California State Teachers Retirement System raised its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTMFree Report) by 23.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 184,555 shares of the company’s stock after acquiring an additional 34,643 shares during the period. California State Teachers Retirement System’s holdings in Amentum were worth $4,813,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new stake in Amentum in the fourth quarter valued at about $26,000. NFSG Corp bought a new position in Amentum during the first quarter worth about $35,000. Financial Consulate Inc. bought a new position in Amentum during the fourth quarter worth about $38,000. Sound Income Strategies LLC boosted its holdings in Amentum by 45.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after buying an additional 425 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its position in shares of Amentum by 98.6% during the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock worth $41,000 after buying an additional 648 shares during the period. Institutional investors and hedge funds own 39.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Truist Financial reaffirmed a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a research note on Tuesday, May 12th. Morgan Stanley initiated coverage on shares of Amentum in a research note on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 price objective on the stock. Bank of America decreased their price objective on shares of Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, July 20th. JPMorgan Chase & Co. lowered their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, Royal Bank Of Canada cut their target price on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amentum currently has a consensus rating of “Hold” and a consensus target price of $32.00.

View Our Latest Stock Analysis on AMTM

Amentum Trading Up 3.9%

NYSE AMTM opened at $24.78 on Friday. The firm has a market cap of $6.05 billion, a P/E ratio of 41.30, a P/E/G ratio of 0.70 and a beta of 0.30. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48. The stock’s 50-day moving average is $21.87 and its 200-day moving average is $26.21. Amentum Holdings, Inc. has a one year low of $19.80 and a one year high of $38.11.

Amentum (NYSE:AMTMGet Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The business had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter in the previous year, the business posted $0.53 EPS. Amentum’s revenue for the quarter was down .4% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts anticipate that Amentum Holdings, Inc. will post 2.36 earnings per share for the current fiscal year.

Amentum Profile

(Free Report)

Amentum is a government services provider specializing in mission-critical solutions for defense, federal civilian and commercial customers around the globe. The company delivers integrated services that span the full lifecycle of complex programs and facilities, including engineering, program and project management, logistics, operations, maintenance and environmental remediation.

Core offerings include infrastructure support, energy and facilities management, environmental solutions and nuclear services.

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Institutional Ownership by Quarter for Amentum (NYSE:AMTM)

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