Amentum Holdings, Inc. $AMTM Stock Position Raised by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 723.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,483 shares of the company’s stock after buying an additional 66,320 shares during the period. Oppenheimer & Co. Inc.’s holdings in Amentum were worth $1,808,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AMTM. Atlantic Union Bankshares Corp purchased a new stake in Amentum in the 2nd quarter worth about $25,000. Blue Trust Inc. increased its holdings in shares of Amentum by 116.5% in the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock valued at $29,000 after purchasing an additional 648 shares during the period. Mather Group LLC. purchased a new stake in shares of Amentum in the third quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Amentum by 1,517.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 1,520 shares of the company’s stock worth $36,000 after purchasing an additional 1,426 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Amentum by 433.5% during the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after purchasing an additional 1,474 shares during the period. 39.93% of the stock is owned by institutional investors and hedge funds.

Amentum Stock Up 3.0%

AMTM opened at $30.97 on Friday. The firm has a market cap of $7.55 billion, a P/E ratio of 77.42, a price-to-earnings-growth ratio of 0.88 and a beta of 0.01. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.32 and a current ratio of 1.42. The business has a 50 day moving average price of $32.34 and a 200 day moving average price of $27.08. Amentum Holdings, Inc. has a twelve month low of $16.01 and a twelve month high of $38.11.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, February 9th. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. The business’s quarterly revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts forecast that Amentum Holdings, Inc. will post 2.1 EPS for the current year.

Analysts Set New Price Targets

AMTM has been the topic of several research analyst reports. Truist Financial boosted their price target on shares of Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Morgan Stanley raised Amentum from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $20.00 to $35.00 in a research report on Wednesday, November 26th. Royal Bank Of Canada raised their price target on Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Wednesday. JMP Securities set a $35.00 price target on Amentum in a research note on Wednesday, November 26th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Amentum in a report on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.92.

About Amentum

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.