Dover Advisors LLC Takes Position in Amentum Holdings, Inc. $AMTM

Dover Advisors LLC bought a new position in Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,285 shares of the company’s stock, valued at approximately $414,000.

Other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans raised its stake in shares of Amentum by 7.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,805,411 shares of the company’s stock worth $43,240,000 after buying an additional 118,306 shares during the period. Lingohr Asset Management GmbH increased its holdings in Amentum by 1,650.0% in the 3rd quarter. Lingohr Asset Management GmbH now owns 175,000 shares of the company’s stock worth $4,191,000 after acquiring an additional 165,000 shares in the last quarter. Geode Capital Management LLC increased its holdings in Amentum by 9.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,513,161 shares of the company’s stock worth $59,352,000 after acquiring an additional 213,164 shares in the last quarter. Voya Investment Management LLC raised its position in Amentum by 66.5% during the third quarter. Voya Investment Management LLC now owns 1,084,969 shares of the company’s stock worth $25,985,000 after acquiring an additional 433,397 shares during the period. Finally, Invesco Ltd. lifted its holdings in Amentum by 13.9% during the second quarter. Invesco Ltd. now owns 19,577,241 shares of the company’s stock valued at $462,219,000 after purchasing an additional 2,386,131 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMTM has been the subject of a number of research reports. Citizens Jmp boosted their target price on shares of Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. Cantor Fitzgerald raised their target price on Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Truist Financial boosted their price target on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Finally, Citigroup reissued an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Stock Performance

Shares of Amentum stock opened at $31.00 on Friday. The firm has a market cap of $7.56 billion, a PE ratio of 77.49, a price-to-earnings-growth ratio of 0.91 and a beta of 0.01. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. Amentum Holdings, Inc. has a 52 week low of $16.01 and a 52 week high of $38.11. The business’s fifty day simple moving average is $32.50 and its 200-day simple moving average is $27.32.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The business had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.32 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. Amentum’s revenue for the quarter was down 5.2% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts forecast that Amentum Holdings, Inc. will post 2.1 earnings per share 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.