Amentum Holdings, Inc. $AMTM Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its position in Amentum Holdings, Inc. (NYSE:AMTM) by 5.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,554,691 shares of the company’s stock after selling 979,134 shares during the quarter. Vanguard Group Inc. owned approximately 0.06% of Amentum worth $372,535,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in AMTM. Invesco Ltd. raised its stake in Amentum by 13.9% in the 2nd quarter. Invesco Ltd. now owns 19,577,241 shares of the company’s stock valued at $462,219,000 after purchasing an additional 2,386,131 shares during the last quarter. Primecap Management Co. CA grew its holdings in shares of Amentum by 19.6% during the second quarter. Primecap Management Co. CA now owns 12,030,656 shares of the company’s stock worth $284,044,000 after buying an additional 1,969,067 shares in the last quarter. State Street Corp grew its holdings in shares of Amentum by 7.6% during the second quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after buying an additional 501,898 shares in the last quarter. Frontier Capital Management Co. LLC raised its position in shares of Amentum by 52.6% in the second quarter. Frontier Capital Management Co. LLC now owns 5,460,743 shares of the company’s stock valued at $128,928,000 after buying an additional 1,882,011 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Amentum by 9.3% in the second quarter. Geode Capital Management LLC now owns 2,513,161 shares of the company’s stock valued at $59,352,000 after buying an additional 213,164 shares during the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. Cantor Fitzgerald upped their price target on Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Citizens Jmp increased their price target on Amentum from $35.00 to $40.00 and gave the company a “market outperform” rating in a report on Monday, January 12th. Finally, BTIG Research reissued a “buy” rating and set a $35.00 price objective on shares of Amentum in a research note on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amentum presently has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Stock Performance

Amentum stock opened at $30.23 on Friday. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 75.58, a price-to-earnings-growth ratio of 0.86 and a beta of 0.01. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a 50 day simple moving average of $32.58 and a 200-day simple moving average of $27.43. Amentum Holdings, Inc. has a 1-year low of $16.01 and a 1-year high of $38.11.

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

Amentum 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.