Cwm LLC lifted its stake in Amentum Holdings, Inc. (NYSE:AMTM – Free Report) by 187.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,614 shares of the company’s stock after buying an additional 29,068 shares during the period. Cwm LLC’s holdings in Amentum were worth $1,294,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. IFM Investors Pty Ltd acquired a new stake in shares of Amentum during the 1st quarter valued at about $411,000. Cetera Investment Advisers acquired a new position in Amentum during the 2nd quarter worth about $335,000. JPMorgan Chase & Co. grew its stake in shares of Amentum by 4.1% during the second quarter. JPMorgan Chase & Co. now owns 91,322 shares of the company’s stock valued at $2,156,000 after purchasing an additional 3,608 shares during the last quarter. M&T Bank Corp bought a new position in Amentum in the 2nd quarter valued at $241,000. Finally, Gabelli Funds LLC bought a new position in Amentum in the second quarter valued at about $592,000. Institutional investors and hedge funds own 39.93% of the company’s stock.
Analysts Set New Price Targets
Several analysts have weighed in on AMTM shares. Bank of America boosted their price objective on Amentum from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, December 31st. Wall Street Zen cut shares of Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Truist Financial boosted their price target on shares of Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Citigroup restated an “outperform” rating on shares of Amentum in a report on Monday, January 12th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $40.00 price objective on shares of Amentum in a research note on Monday, April 13th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Amentum has a consensus rating of “Hold” and a consensus target price of $34.91.
Amentum Stock Up 0.0%
Shares of NYSE:AMTM opened at $25.86 on Monday. The company has a 50 day moving average price of $28.16 and a two-hundred day moving average price of $28.44. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market capitalization of $6.31 billion, a PE ratio of 64.65, a PEG ratio of 0.76 and a beta of 0.59. Amentum Holdings, Inc. has a 52 week low of $19.11 and a 52 week high of $38.11.
Amentum (NYSE:AMTM – Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The company had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Amentum’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. Analysts forecast that Amentum Holdings, Inc. will post 2.34 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.
Further Reading
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