Brokerages Set Amentum Holdings, Inc. (NYSE:AMTM) PT at $34.91

Shares of Amentum Holdings, Inc. (NYSE:AMTM) have been given a consensus rating of “Hold” by the thirteen brokerages that are covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $34.9091.

AMTM has been the topic of a number of recent research reports. Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Bank of America raised their price target on Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, December 31st. BTIG Research reaffirmed a “buy” rating and set a $35.00 price target on shares of Amentum in a research report on Wednesday, February 11th. Truist Financial upped their price objective on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a report on Monday, December 29th.

Institutional Trading of Amentum

A number of large investors have recently added to or reduced their stakes in the company. Intact Investment Management Inc. increased its stake in shares of Amentum by 6.1% during the 2nd quarter. Intact Investment Management Inc. now owns 7,319 shares of the company’s stock worth $173,000 after purchasing an additional 419 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Amentum by 45.3% during 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 period. Maryland State Retirement & Pension System increased its position in Amentum by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock worth $867,000 after buying an additional 462 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Amentum by 35.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $54,000 after buying an additional 481 shares during the period. Finally, BCS Private Wealth Management Inc. raised its stake in Amentum by 5.0% in the fourth quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock valued at $348,000 after buying an additional 575 shares during the period. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Stock Performance

Shares of AMTM stock opened at $27.03 on Tuesday. Amentum has a 12 month low of $16.01 and a 12 month high of $38.11. The company’s fifty day simple moving average is $30.45 and its 200-day simple moving average is $28.05. The firm has a market cap of $6.59 billion, a PE ratio of 67.58, a P/E/G ratio of 0.79 and a beta of 0.59. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84.

Amentum (NYSE:AMTM) last released its earnings results on Monday, February 9th. The company reported $0.54 earnings per share 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 business had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.32 billion. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts expect that Amentum will post 2.1 EPS for the current fiscal year.

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.