Wall Street Zen Downgrades Amentum (NYSE:AMTM) to Hold

Amentum (NYSE:AMTM) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research report issued on Saturday.

Several other analysts also recently weighed in on AMTM. BTIG Research reissued a “buy” rating and set a $35.00 target price on shares of Amentum in a research report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. Bank of America boosted their price target on Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, December 31st. UBS Group boosted their price target on Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Finally, JMP Securities set a $35.00 price target on Amentum in a research report on Wednesday, November 26th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.92.

Amentum Price Performance

Shares of AMTM stock opened at $30.97 on Friday. The company has a market cap of $7.55 billion, a P/E ratio of 77.42, a PEG ratio of 0.88 and a beta of 0.01. The stock’s 50-day moving average is $32.34 and its 200 day moving average is $27.08. Amentum has a 1-year low of $16.01 and a 1-year high of $38.11. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.32.

Amentum (NYSE:AMTM) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.52 by $0.02. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The firm had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.32 billion. The company’s quarterly revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts predict that Amentum will post 2.1 earnings per share for the current fiscal year.

Institutional Trading of Amentum

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new stake in shares of Amentum in the 2nd quarter valued at about $25,000. Los Angeles Capital Management LLC acquired a new position in Amentum during the 4th quarter worth approximately $26,000. Blue Trust Inc. grew its holdings in Amentum by 116.5% during the third quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after acquiring an additional 648 shares during the period. Mather Group LLC. acquired a new position in shares of Amentum during the 3rd quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Amentum by 1,517.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 1,520 shares of the company’s stock valued at $36,000 after buying an additional 1,426 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors and hedge funds.

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.