Susquehanna Fundamental Investments LLC increased its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) by 81.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 394,370 shares of the company’s stock after acquiring an additional 176,590 shares during the quarter. Susquehanna Fundamental Investments LLC owned approximately 0.16% of Amentum worth $8,152,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of AMTM. BlackRock Inc. acquired a new stake in Amentum in the second quarter worth about $370,137,000. Bank of America Corp DE lifted its holdings in shares of Amentum by 107.8% in the first quarter. Bank of America Corp DE now owns 2,405,041 shares of the company’s stock valued at $62,723,000 after purchasing an additional 1,247,614 shares in the last quarter. Bryn Mawr Trust Advisors LLC acquired a new stake in Amentum during the 2nd quarter worth about $2,924,000. Troluce Capital Advisors LLC acquired a new stake in shares of Amentum during the first quarter worth approximately $26,080,000. Finally, Hudson Value Partners LLC grew its holdings in shares of Amentum by 22.7% during the 2nd quarter. Hudson Value Partners LLC now owns 250,185 shares of the company’s stock valued at $5,171,000 after acquiring an additional 46,275 shares in the last quarter. Institutional investors own 39.93% of the company’s stock.
Amentum Stock Down 1.4%
Shares of AMTM opened at $20.02 on Tuesday. The firm has a 50 day simple moving average of $21.47 and a two-hundred day simple moving average of $24.52. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. Amentum Holdings, Inc. has a one year low of $19.80 and a one year high of $38.11. The company has a market cap of $4.90 billion, a P/E ratio of 24.12, a P/E/G ratio of 0.59 and a beta of 0.30.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. Royal Bank Of Canada cut their target price on shares of Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 12th. Wall Street Zen upgraded shares of Amentum from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. UBS Group boosted their target price on Amentum from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Zacks Research cut shares of Amentum from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Morgan Stanley set a $24.00 price objective on shares of Amentum in a report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Amentum currently has an average rating of “Hold” and a consensus target price of $29.18.
Get Our Latest Stock Report on Amentum
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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