Amentum Holdings, Inc. (NYSE:AMTM – Get Free Report) has been given an average rating of “Hold” by the thirteen brokerages that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $34.9091.
AMTM has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Amentum in a research report on Monday, December 29th. UBS Group lifted their target price on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Wall Street Zen lowered shares of Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Bank of America lifted their target price on shares of Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, December 31st. Finally, Truist Financial lifted their target price on shares of Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th.
Read Our Latest Stock Report on AMTM
Amentum Stock Up 1.2%
Amentum (NYSE:AMTM – Get Free Report) last announced its earnings results on Monday, February 9th. The company reported $0.54 earnings per share (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 for the quarter, compared to analyst estimates of $3.32 billion. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, research analysts forecast that Amentum will post 2.34 EPS for the current year.
Institutional Trading of Amentum
Several institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans lifted its stake in shares of Amentum by 7.0% in the third 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 in the last quarter. Lingohr Asset Management GmbH lifted its stake in shares of Amentum by 1,650.0% in the third quarter. Lingohr Asset Management GmbH now owns 175,000 shares of the company’s stock worth $4,191,000 after buying an additional 165,000 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in shares of Amentum by 16.3% in the third quarter. Public Sector Pension Investment Board now owns 597,976 shares of the company’s stock worth $14,322,000 after buying an additional 83,804 shares in the last quarter. Brightline Capital Management LLC lifted its stake in shares of Amentum by 20.0% in the third quarter. Brightline Capital Management LLC now owns 1,200,000 shares of the company’s stock worth $28,740,000 after buying an additional 200,000 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Amentum by 1,088.2% in the fourth quarter. SG Americas Securities LLC now owns 345,341 shares of the company’s stock worth $10,015,000 after buying an additional 316,277 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.
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.
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