Amentum (NYSE:AMTM) Stock Rating Lowered by Wall Street Zen

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

Other equities research analysts have also issued reports about the company. UBS Group raised their price objective on Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Bank of America boosted their target price on Amentum from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 31st. Cantor Fitzgerald increased their price target on Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. BTIG Research reissued a “buy” rating and issued a $35.00 price target on shares of Amentum in a research note on Wednesday, February 11th. Finally, Citizens Jmp boosted their price objective on Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a report on Monday, January 12th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Amentum presently has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Stock Performance

Shares of AMTM opened at $25.86 on Friday. The firm’s 50 day moving average is $31.31 and its 200-day moving average is $27.92. The stock has a market capitalization of $6.31 billion, a P/E ratio of 64.64, a P/E/G ratio of 0.78 and a beta of 0.23. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42. Amentum has a 12-month low of $16.01 and a 12-month high of $38.11.

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

Institutional Trading of Amentum

A number of hedge funds have recently modified their holdings of the business. Invesco Ltd. grew its holdings in shares of Amentum by 13.0% during the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock valued at $529,698,000 after buying an additional 2,539,594 shares in the last quarter. Primecap Management Co. CA lifted its stake in Amentum by 1.7% in the 4th quarter. Primecap Management Co. CA now owns 12,126,927 shares of the company’s stock worth $351,681,000 after acquiring an additional 208,341 shares in the last quarter. Legacy Advisors LLC purchased a new stake in Amentum in the 4th quarter worth about $284,614,000. State Street Corp boosted its position in Amentum by 7.6% during the 2nd quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after acquiring an additional 501,898 shares during the period. Finally, Frontier Capital Management Co. LLC grew its stake in Amentum by 52.6% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 5,460,743 shares of the company’s stock valued at $128,928,000 after acquiring an additional 1,882,011 shares in the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

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.