Stock Traders Purchase High Volume of Call Options on Amentum (NYSE:AMTM)

Amentum Holdings, Inc. (NYSE:AMTM) saw unusually large options trading on Tuesday. Traders purchased 10,486 call options on the stock. This represents an increase of 231% compared to the average volume of 3,165 call options.

Analyst Ratings Changes

Several research firms have recently commented on AMTM. Truist Financial increased their target price on Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. UBS Group lifted their price target on shares of Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Royal Bank Of Canada upped their price target on shares of Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Citigroup reiterated an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a report on Monday, December 29th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.91.

Amentum Stock Up 3.5%

Shares of NYSE:AMTM opened at $26.06 on Wednesday. The company’s fifty day moving average is $30.95 and its two-hundred day moving average is $28.00. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. Amentum has a 1-year low of $16.01 and a 1-year high of $38.11. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 65.15, a price-to-earnings-growth ratio of 0.74 and a beta of 0.25.

Amentum (NYSE:AMTM) last posted its quarterly earnings results 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 net margin of 0.69% and a return on equity of 11.56%. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.32 billion. 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 anticipate that Amentum will post 2.1 EPS for the current year.

Hedge Funds Weigh In On Amentum

A number of hedge funds and other institutional investors have recently bought and sold shares of AMTM. IFM Investors Pty Ltd acquired a new stake in shares of Amentum during the 1st quarter worth approximately $411,000. Creative Planning lifted its holdings in shares of Amentum by 78.8% in the 2nd quarter. Creative Planning now owns 34,301 shares of the company’s stock worth $810,000 after purchasing an additional 15,114 shares during the last quarter. Cetera Investment Advisers acquired a new position in Amentum during the 2nd quarter valued at approximately $335,000. Swiss National Bank grew its stake in Amentum by 16.6% during the 2nd quarter. Swiss National Bank now owns 302,191 shares of the company’s stock worth $7,135,000 after buying an additional 42,991 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Amentum by 4.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 91,322 shares of the company’s stock worth $2,156,000 after buying an additional 3,608 shares during 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.