Analysts Set Amentum Holdings, Inc. (NYSE:AMTM) Price Target at $32.00

Amentum Holdings, Inc. (NYSE:AMTM) has received a consensus rating of “Hold” from the fourteen analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $32.00.

A number of research analysts have commented on the stock. Citizens Jmp reiterated a “market outperform” rating and set a $40.00 price target 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 note on Tuesday, June 23rd. JPMorgan Chase & Co. reduced their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Morgan Stanley assumed coverage on shares of Amentum in a report on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 target price on the stock. Finally, BTIG Research reiterated a “buy” rating and issued a $35.00 target price on shares of Amentum in a research report on Thursday, May 14th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Sound Income Strategies LLC lifted its stake in Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares during the period. Maryland State Retirement & Pension System increased its position in Amentum by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock valued at $867,000 after purchasing an additional 462 shares during the period. EverSource Wealth Advisors LLC increased its position in Amentum by 35.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $54,000 after purchasing an additional 481 shares during the period. BCS Private Wealth Management Inc. raised its holdings in Amentum by 5.0% in the 4th quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock worth $348,000 after purchasing an additional 575 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in Amentum by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock worth $1,018,000 after purchasing an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Amentum Price Performance

AMTM opened at $20.77 on Thursday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $5.07 billion, a P/E ratio of 34.61, a PEG ratio of 0.60 and a beta of 0.35. The stock has a 50-day moving average price of $22.21 and a 200-day moving average price of $27.30. Amentum has a 12-month low of $19.80 and a 12-month high of $38.11.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The company had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.Amentum’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period last year, the firm posted $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts predict that Amentum will post 2.36 earnings per share for the current fiscal year.

Amentum Company 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.