De Lisle Partners LLP acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 374,818 shares of the company’s stock, valued at approximately $7,742,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Los Angeles Capital Management LLC bought a new position in shares of Amentum during the fourth quarter worth $26,000. Global Retirement Partners LLC bought a new stake in Amentum in the 2nd quarter valued at $31,000. Western Wealth Management LLC bought a new stake in Amentum in the 1st quarter valued at $33,000. NFSG Corp purchased a new stake in Amentum in the 1st quarter worth $35,000. Finally, Smartleaf Asset Management LLC lifted its stake in Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after purchasing an additional 1,474 shares in the last quarter. Institutional investors own 39.93% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on AMTM shares. Zacks Research lowered Amentum from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. BTIG Research cut their price target on Amentum from $35.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, August 12th. Wall Street Zen raised Amentum from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. BNP Paribas Exane began coverage on Amentum in a report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. Finally, Morgan Stanley set a $24.00 price objective on Amentum in a report on Tuesday, August 11th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $29.18.
Amentum Stock Up 4.3%
Shares of NYSE AMTM opened at $21.50 on Friday. The firm’s 50-day moving average price is $21.64 and its 200-day moving average price is $25.26. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 25.90, a P/E/G ratio of 0.62 and a beta of 0.30. Amentum Holdings, Inc. has a 12-month low of $19.80 and a 12-month high of $38.11.
Amentum (NYSE:AMTM – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Amentum had a return on equity of 12.19% and a net margin of 1.44%.The company had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same quarter last year, the business posted $0.56 earnings per share. The firm’s revenue was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. On average, equities research analysts anticipate that Amentum Holdings, Inc. will post 2.38 EPS 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.
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