WINTON GROUP Ltd decreased its position in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) by 52.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 53,409 shares of the company’s stock after selling 59,012 shares during the period. WINTON GROUP Ltd’s holdings in Amentum were worth $1,279,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new position in Amentum in the 2nd quarter worth about $25,000. Blue Trust Inc. boosted its stake in shares of Amentum by 116.5% during the third quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock valued at $29,000 after purchasing an additional 648 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of Amentum during the third quarter valued at about $32,000. Smartleaf Asset Management LLC grew its holdings in shares of Amentum by 433.5% during the second 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 during the last quarter. Finally, Heartwood Wealth Advisors LLC bought a new stake in shares of Amentum during the third quarter worth about $45,000. Institutional investors own 39.93% of the company’s stock.
Amentum Trading Down 2.8%
NYSE:AMTM opened at $28.00 on Thursday. Amentum Holdings, Inc. has a 52 week low of $16.01 and a 52 week high of $38.11. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. The firm’s fifty day moving average is $32.66 and its 200-day moving average is $27.75. The firm has a market cap of $6.83 billion, a P/E ratio of 69.99, a P/E/G ratio of 0.85 and a beta of 0.23.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of Amentum from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 14th. JPMorgan Chase & Co. lifted their price target on shares of Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Royal Bank Of Canada increased their price objective on Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Truist Financial lifted their target price on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, Bank of America upped their price target on Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, December 31st. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $34.91.
View Our Latest Stock Report on AMTM
About Amentum
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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