Amentum Holdings, Inc. $AMTM is Penn Capital Management Company LLC’s 4th Largest Position

Penn Capital Management Company LLC lowered its position in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 22.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 743,937 shares of the company’s stock after selling 216,670 shares during the period. Amentum comprises about 1.7% of Penn Capital Management Company LLC’s investment portfolio, making the stock its 4th largest position. Penn Capital Management Company LLC’s holdings in Amentum were worth $21,630,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its position in Amentum by 45.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after buying an additional 425 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Amentum by 35.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $54,000 after purchasing an additional 481 shares during the last quarter. BCS Private Wealth Management Inc. raised its position in shares of Amentum by 5.0% in the 4th quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock worth $348,000 after purchasing an additional 575 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Amentum by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock worth $1,018,000 after purchasing an additional 600 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Amentum by 4.6% in the 4th quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock worth $425,000 after purchasing an additional 638 shares during the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AMTM shares. Wall Street Zen raised Amentum from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a research report on Monday, April 13th. BTIG Research reaffirmed a “buy” rating and issued a $35.00 price target on shares of Amentum in a research report on Thursday, May 14th. Weiss Ratings raised Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Finally, Morgan Stanley started coverage on Amentum in a research report on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 price target for the company. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $32.00.

Amentum Price Performance

NYSE AMTM opened at $22.88 on Wednesday. Amentum Holdings, Inc. has a one year low of $19.11 and a one year high of $38.11. The stock has a 50-day moving average of $25.76 and a 200 day moving average of $28.64. The company has a market capitalization of $5.59 billion, a price-to-earnings ratio of 38.13, a PEG ratio of 0.69 and a beta of 0.43. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48.

Amentum (NYSE:AMTM) last released its quarterly earnings data on Monday, May 11th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period last year, the company earned $0.53 EPS. Amentum’s revenue for the quarter was down .4% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts forecast that Amentum Holdings, Inc. will post 2.33 EPS for the current 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.