Royal Bank of Canada Has $6.04 Million Stock Holdings in Amentum Holdings, Inc. $AMTM

Royal Bank of Canada trimmed its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 13.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 231,742 shares of the company’s stock after selling 34,801 shares during the quarter. Royal Bank of Canada owned 0.09% of Amentum worth $6,044,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Legacy Advisors LLC acquired a new position in shares of Amentum in the fourth quarter valued at approximately $284,614,000. Focus Partners Wealth raised its holdings in shares of Amentum by 8,467.6% during the fourth quarter. Focus Partners Wealth now owns 2,794,417 shares of the company’s stock worth $81,038,000 after acquiring an additional 2,761,801 shares during the period. Invesco Ltd. raised its holdings in shares of Amentum by 13.0% during the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after acquiring an additional 2,539,594 shares during the period. Norges Bank bought a new stake in Amentum in the 4th quarter valued at $66,529,000. Finally, Dimensional Fund Advisors LP lifted its position in Amentum by 106.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company’s stock valued at $98,767,000 after acquiring an additional 1,954,494 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMTM has been the subject of a number of research reports. Bank of America lowered their target price on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, July 20th. BNP Paribas Exane began coverage on Amentum in a report on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price target on the stock. Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Zacks Research upgraded Amentum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Truist Financial reiterated a “buy” rating and set a $35.00 price objective (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $31.50.

Amentum Price Performance

NYSE:AMTM opened at $22.42 on Wednesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. The stock’s 50-day simple moving average is $21.86 and its 200 day simple moving average is $26.00. The company has a market cap of $5.48 billion, a P/E ratio of 27.01, a P/E/G ratio of 0.71 and a beta of 0.30. Amentum Holdings, Inc. has a 52-week low of $19.80 and a 52-week high of $38.11.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. The firm had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.57 billion. Amentum had a return on equity of 12.27% and a net margin of 1.44%.The business’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, sell-side analysts forecast that Amentum Holdings, Inc. will post 2.36 EPS for the current fiscal year.

Amentum News Summary

Here are the key news stories impacting Amentum this week:

• Positive Sentiment: Amentum reported third-quarter fiscal 2026 earnings of $0.67 per share, up from $0.56 a year earlier and ahead of analyst estimates ranging from $0.61 to $0.63. Amentum Holdings Beats Q3 Earnings Estimates
• Positive Sentiment: Management maintained a relatively constructive fiscal 2026 EPS outlook of $2.40 to $2.50, broadly in line with the $2.41 consensus estimate. Amentum Reports Third Quarter Fiscal Year 2026 Results
• Neutral Sentiment: The Department of Energy’s plan to develop Nuclear Lifecycle Innovation Campuses in five states could expand contracting and investment opportunities across the nuclear supply chain. However, the opportunity is broad industry news and does not indicate that Amentum has won a specific contract. Unlocking $50 Billion Across the Nuclear Value Chain
• Negative Sentiment: Third-quarter revenue was $3.49 billion, below the $3.57 billion analyst forecast and down 2% year over year. The shortfall is notable because the company’s net margin remained low at approximately 1.04%. Amentum Earnings Report
• Negative Sentiment: Amentum’s fiscal 2026 revenue guidance of $13.8 billion to $14.0 billion is below the $14.2 billion consensus estimate. This downward revenue outlook, combined with year-over-year sales contraction, likely explains why the stock has decreased despite the EPS beat. Amentum Q3 2026 Earnings Call Transcript

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.