Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $914,000 Stock Position in Amentum Holdings, Inc. $AMTM

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 12.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,732 shares of the company’s stock after acquiring an additional 4,380 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Amentum were worth $914,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of AMTM. IFM Investors Pty Ltd bought a new stake in Amentum in the 1st quarter valued at about $411,000. Allianz Asset Management GmbH bought a new stake in shares of Amentum in the first quarter valued at approximately $704,000. GSA Capital Partners LLP acquired a new stake in Amentum during the first quarter worth approximately $555,000. Natixis Advisors LLC grew its position in Amentum by 145.4% during the first quarter. Natixis Advisors LLC now owns 56,858 shares of the company’s stock worth $1,035,000 after buying an additional 33,686 shares in the last quarter. Finally, Primecap Management Co. CA increased its stake in Amentum by 56.9% during the 1st quarter. Primecap Management Co. CA now owns 10,061,589 shares of the company’s stock worth $183,121,000 after acquiring an additional 3,647,210 shares during the period. Institutional investors and hedge funds own 39.93% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on AMTM. JPMorgan Chase & Co. assumed coverage on Amentum in a research report on Thursday, October 9th. They set a “neutral” rating and a $30.00 target price for the company. Raymond James Financial reaffirmed an “outperform” rating and set a $30.00 price objective on shares of Amentum in a research report on Monday, August 18th. BTIG Research reiterated a “buy” rating and set a $30.00 price objective on shares of Amentum in a research note on Monday, October 27th. Royal Bank Of Canada boosted their target price on shares of Amentum from $24.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, August 7th. Finally, Morgan Stanley upped their price target on shares of Amentum from $19.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday, September 18th. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $28.25.

Amentum Stock Performance

NYSE:AMTM opened at $24.28 on Monday. Amentum Holdings, Inc. has a twelve month low of $16.01 and a twelve month high of $26.63. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.97. The stock’s 50-day simple moving average is $23.04 and its 200 day simple moving average is $23.35. The firm has a market capitalization of $5.91 billion, a PE ratio of 62.26, a price-to-earnings-growth ratio of 0.80 and a beta of 0.24.

Amentum Company Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.