Amentum (NYSE:AMTM) Rating Lowered to “Hold” at Wall Street Zen

Amentum (NYSE:AMTM) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

AMTM has been the topic of several other research reports. BTIG Research reaffirmed a “buy” rating and issued a $35.00 price target on shares of Amentum in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a research report on Monday, December 29th. Royal Bank Of Canada boosted their price objective on shares of Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Bank of America upped their target price on shares of Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, December 31st. Finally, Truist Financial increased their target price on shares of Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $34.91.

Amentum Stock Up 0.1%

Shares of NYSE AMTM opened at $25.86 on Friday. The company has a market capitalization of $6.31 billion, a P/E ratio of 64.64, a P/E/G ratio of 0.76 and a beta of 0.25. 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 company has a 50 day simple moving average of $31.31 and a 200-day simple moving average of $27.98. Amentum 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, equities research analysts predict that Amentum will post 2.1 earnings per share for the current year.

Institutional Investors Weigh In On Amentum

Several institutional investors and hedge funds have recently modified their holdings of AMTM. Mercer Global Advisors Inc. ADV purchased a new position in Amentum in the 4th quarter valued at approximately $453,000. Mackenzie Financial Corp purchased a new stake in shares of Amentum during the fourth quarter worth $453,000. Utah Retirement Systems purchased a new stake in shares of Amentum during the fourth quarter worth $242,000. Symmetry Investments LP acquired a new stake in shares of Amentum in the fourth quarter valued at $290,000. Finally, Susquehanna Fundamental Investments LLC raised its stake in shares of Amentum by 304.8% in the fourth quarter. Susquehanna Fundamental Investments LLC now owns 219,931 shares of the company’s stock valued at $6,378,000 after acquiring an additional 165,594 shares in the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

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.