Quantinno Capital Management LP lifted its position in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) by 86.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,574 shares of the company’s stock after buying an additional 67,603 shares during the period. Quantinno Capital Management LP’s holdings in Amentum were worth $3,797,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Los Angeles Capital Management LLC bought a new stake in shares of Amentum in the 4th quarter worth approximately $26,000. NFSG Corp purchased a new position in Amentum in the 1st quarter worth $35,000. Financial Consulate Inc. bought a new stake in Amentum in the fourth quarter worth $38,000. Sound Income Strategies LLC lifted its stake in Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 425 shares during the last quarter. Finally, Salomon & Ludwin LLC boosted its position in Amentum by 98.6% during the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after buying an additional 648 shares during the period. Hedge funds and other institutional investors own 39.93% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Royal Bank Of Canada decreased their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. JPMorgan Chase & Co. dropped their target price on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Bank of America reduced their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a research note on Monday, April 13th. Finally, BNP Paribas Exane started coverage on Amentum in a research note on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective for the company. One investment 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $32.00.
Amentum Stock Performance
Amentum stock opened at $24.78 on Friday. Amentum Holdings, Inc. has a 1-year low of $19.80 and a 1-year high of $38.11. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. The firm has a 50-day moving average of $21.87 and a 200-day moving average of $26.21. 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.
Amentum (NYSE:AMTM – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The business’s revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts expect that Amentum Holdings, Inc. will post 2.36 EPS for the current year.
Amentum Company Profile
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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