First National Bank of Omaha Invests $9.72 Million in Amentum Holdings, Inc. $AMTM

First National Bank of Omaha purchased a new stake in Amentum Holdings, Inc. (NYSE:AMTM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 475,992 shares of the company’s stock, valued at approximately $9,721,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Los Angeles Capital Management LLC bought a new position in shares of Amentum during the 4th quarter worth approximately $26,000. Global Retirement Partners LLC acquired a new position in shares of Amentum during the 2nd quarter worth approximately $31,000. Western Wealth Management LLC bought a new stake in Amentum in the 1st quarter valued at $33,000. NFSG Corp bought a new stake in Amentum in the 1st quarter valued at $35,000. Finally, Salomon & Ludwin LLC lifted its holdings in Amentum by 98.6% during the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after purchasing an additional 648 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Amentum Stock Performance

Shares of NYSE:AMTM opened at $20.92 on Wednesday. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79. Amentum Holdings, Inc. has a 12-month low of $19.80 and a 12-month high of $38.11. The company’s 50 day moving average price is $21.71 and its two-hundred day moving average price is $25.50. The firm has a market cap of $5.12 billion, a PE ratio of 25.21, a PEG ratio of 0.63 and a beta of 0.30.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The business 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 revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Equities research analysts predict that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMTM. UBS Group upped their price objective on shares of Amentum from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. BTIG Research decreased their price target on shares of Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Bank of America lowered their price target on shares of Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. JPMorgan Chase & Co. cut their price objective on shares of Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Truist Financial restated 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 research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $29.70.

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.