UBS Group AG Has $5.98 Million Stake in Amentum Holdings, Inc. $AMTM

UBS Group AG decreased its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 10.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 206,102 shares of the company’s stock after selling 25,088 shares during the period. UBS Group AG’s holdings in Amentum were worth $5,977,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Invesco Ltd. grew its position in shares of Amentum by 13.0% during the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after buying an additional 2,539,594 shares during the period. Legacy Advisors LLC bought a new stake in shares of Amentum during the 4th quarter valued at $284,614,000. State Street Corp raised its position in shares of Amentum by 7.6% during the 2nd quarter. State Street Corp now owns 7,078,249 shares of the company’s stock valued at $167,117,000 after acquiring an additional 501,898 shares during the last quarter. Ruane Cunniff & Goldfarb L.P. raised its position in shares of Amentum by 2.0% during the 2nd quarter. Ruane Cunniff & Goldfarb L.P. now owns 2,441,743 shares of the company’s stock valued at $57,650,000 after acquiring an additional 48,704 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Amentum by 50.9% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,081,611 shares of the company’s stock valued at $49,855,000 after acquiring an additional 701,859 shares during the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. BTIG Research reiterated a “buy” rating and set a $35.00 target price on shares of Amentum in a research report on Thursday, May 14th. Citizens Jmp reiterated a “market outperform” rating and set a $40.00 target price on shares of Amentum in a research report on Monday, April 13th. Weiss Ratings cut shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Morgan Stanley assumed coverage on shares of Amentum in a research report on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 target price for the company. Finally, Truist Financial reiterated a “buy” rating and set a $35.00 target price (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $33.18.

Amentum Price Performance

Shares of AMTM stock opened at $22.47 on Thursday. Amentum Holdings, Inc. has a 12-month low of $19.11 and a 12-month high of $38.11. The firm has a market capitalization of $5.49 billion, a price-to-earnings ratio of 37.45, a price-to-earnings-growth ratio of 0.67 and a beta of 0.43. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The firm has a fifty day moving average of $26.17 and a 200-day moving average of $28.62.

Amentum (NYSE:AMTM) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The company had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.47 billion. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The firm’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts forecast that Amentum Holdings, Inc. will post 2.33 earnings per share for the current 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.