Amentum (NYSE:AMTM) Upgraded by Wall Street Zen to “Buy” Rating

Amentum (NYSE:AMTM) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

AMTM has been the topic of several other research reports. Citizens Jmp lifted their price target on shares of Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a research report on Monday, January 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. BTIG Research restated a “buy” rating and issued a $35.00 target price on shares of Amentum in a report on Wednesday, February 11th. JPMorgan Chase & Co. boosted their target price on Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Morgan Stanley raised Amentum from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $20.00 to $35.00 in a report on Wednesday, November 26th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Amentum has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Price Performance

NYSE:AMTM opened at $27.94 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. The business’s 50-day moving average price is $32.59 and its 200 day moving average price is $27.77. Amentum has a 52-week low of $16.01 and a 52-week high of $38.11. The firm has a market cap of $6.82 billion, a P/E ratio of 69.85, a PEG ratio of 0.82 and a beta of 0.23.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The company had revenue of $3.24 billion during 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 was down 5.2% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, sell-side analysts predict that Amentum will post 2.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amentum

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMTM. Los Angeles Capital Management LLC purchased a new stake in shares of Amentum in the fourth quarter valued at $26,000. Blue Trust Inc. grew its holdings in shares of Amentum by 116.5% during the third quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock valued at $29,000 after buying an additional 648 shares in the last quarter. Mather Group LLC. acquired a new position in Amentum during the third quarter valued at $32,000. Financial Consulate Inc. acquired a new position in Amentum during the fourth quarter valued at $38,000. Finally, Sound Income Strategies LLC lifted its stake in Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

About Amentum

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.