12,285,504 Shares in Amentum Holdings, Inc. $AMTM Bought by Primecap Management Co. CA

Posted by Geri Gentry on Aug 26th, 2026

Primecap Management Co. CA bought a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,285,504 shares of the company’s stock, valued at approximately $253,941,000. Primecap Management Co. CA owned about 5.02% of Amentum at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AMTM. Bank of America Corp DE increased its holdings in Amentum by 107.8% in the 1st quarter. Bank of America Corp DE now owns 2,405,041 shares of the company’s stock worth $62,723,000 after acquiring an additional 1,247,614 shares during the last quarter. Troluce Capital Advisors LLC purchased a new stake in Amentum during the first quarter valued at about $26,080,000. Bryn Mawr Trust Advisors LLC purchased a new stake in Amentum during the second quarter valued at about $2,924,000. Hudson Value Partners LLC boosted its position in Amentum by 22.7% during the second quarter. Hudson Value Partners LLC now owns 250,185 shares of the company’s stock worth $5,171,000 after purchasing an additional 46,275 shares during the period. Finally, New York State Teachers Retirement System increased its stake in shares of Amentum by 17.8% in the fourth quarter. New York State Teachers Retirement System now owns 166,057 shares of the company’s stock worth $4,816,000 after purchasing an additional 25,139 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AMTM has been the topic of a number of analyst reports. UBS Group boosted their target price on shares of Amentum from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Bank of America cut their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, July 20th. Morgan Stanley set a $24.00 price target on Amentum in a research report on Tuesday, August 11th. Wall Street Zen upgraded Amentum from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Royal Bank Of Canada dropped their price objective on Amentum from $28.00 to $26.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $29.18.

View Our Latest Stock Report on Amentum

Amentum Trading Up 1.2%

Shares of AMTM stock opened at $20.31 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. The business has a 50-day moving average of $21.55 and a 200 day moving average of $24.96. The stock has a market capitalization of $4.97 billion, a PE ratio of 24.47, a P/E/G ratio of 0.58 and a beta of 0.30. Amentum Holdings, Inc. has a 1-year low of $19.80 and a 1-year high of $38.11.

Amentum (NYSE:AMTM – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. The business had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 EPS. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, sell-side analysts anticipate that Amentum Holdings, Inc. will post 2.38 earnings per share for the current 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.