Arvin Capital Management LP Has $39.19 Million Stock Holdings in Amentum Holdings, Inc. $AMTM

Arvin Capital Management LP decreased its position in Amentum Holdings, Inc. (NYSE:AMTM) by 26.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,636,492 shares of the company’s stock after selling 602,942 shares during the quarter. Amentum accounts for 7.1% of Arvin Capital Management LP’s portfolio, making the stock its 5th biggest holding. Arvin Capital Management LP owned approximately 0.67% of Amentum worth $39,194,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMTM. Atlantic Union Bankshares Corp bought a new stake in Amentum in the second quarter worth $25,000. Blue Trust Inc. grew its stake in shares of Amentum by 116.5% in the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after buying an additional 648 shares in the last quarter. Mather Group LLC. purchased a new position in shares of Amentum in the 3rd quarter worth $32,000. Smartleaf Asset Management LLC increased its holdings in shares of Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after buying an additional 1,474 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new stake in shares of Amentum during the 3rd quarter valued at about $45,000. 39.93% of the stock is currently owned by institutional investors.

Amentum Stock Performance

AMTM stock opened at $30.70 on Wednesday. Amentum Holdings, Inc. has a twelve month low of $16.01 and a twelve month high of $38.11. The firm has a market cap of $7.49 billion, a price-to-earnings ratio of 76.75, a PEG ratio of 0.90 and a beta of 0.23. The business’s fifty day simple moving average is $32.64 and its two-hundred day simple moving average is $27.55. 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 (NYSE:AMTM) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The firm had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The firm’s 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 predict that Amentum Holdings, Inc. will post 2.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. UBS Group lifted their price target on Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Morgan Stanley raised Amentum from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $20.00 to $35.00 in a research note on Wednesday, November 26th. Citizens Jmp boosted their target price on Amentum from $35.00 to $40.00 and gave the company a “market outperform” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. raised their price target on Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Bank of America lifted their price objective on shares of Amentum from $27.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 31st. 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.com, the company has a consensus rating of “Hold” and an average target price of $34.91.

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.