32,875 Shares in Amentum Holdings, Inc. $AMTM Purchased by Old West Investment Management LLC

Old West Investment Management LLC purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,875 shares of the company’s stock, valued at approximately $680,000.

A number of other large investors have also added to or reduced their stakes in AMTM. 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 valued at $529,698,000 after acquiring an additional 2,539,594 shares during the period. Primecap Management Co. CA raised its holdings in shares of Amentum by 1.7% in the 4th quarter. Primecap Management Co. CA now owns 12,126,927 shares of the company’s stock worth $351,681,000 after purchasing an additional 208,341 shares during the period. Legacy Advisors LLC purchased a new position in Amentum in the fourth quarter valued at approximately $284,614,000. State Street Corp lifted its stake in Amentum by 7.6% in the second quarter. State Street Corp now owns 7,078,249 shares of the company’s stock valued at $167,117,000 after purchasing an additional 501,898 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Amentum by 106.6% during the first quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company’s stock valued at $98,767,000 after purchasing an additional 1,954,494 shares during the period. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMTM. Truist Financial reissued a “buy” rating and issued a $35.00 target price (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Morgan Stanley set a $24.00 price target on Amentum in a research note on Tuesday, August 11th. Royal Bank Of Canada decreased their price objective on Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a report on Wednesday, August 12th. Zacks Research upgraded Amentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, BNP Paribas Exane began coverage on shares of Amentum in a report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Amentum presently has an average rating of “Moderate Buy” and an average price target of $30.18.

Amentum Trading Up 0.1%

NYSE:AMTM opened at $21.49 on Monday. Amentum Holdings, Inc. has a 1 year low of $19.80 and a 1 year high of $38.11. The stock’s fifty day moving average price is $21.79 and its two-hundred day moving average price is $25.71. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. The company has a market cap of $5.25 billion, a P/E ratio of 25.89, a P/E/G ratio of 0.63 and a beta of 0.30.

Amentum (NYSE:AMTM) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.57 billion. Amentum had a return on equity of 12.19% and a net margin of 1.44%.The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, analysts expect that Amentum Holdings, Inc. will post 2.36 EPS for the current year.

Amentum 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.