Everett Harris & Co. CA Invests $3.28 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Everett Harris & Co. CA purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 101,793 shares of the company’s stock, valued at approximately $3,283,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dover Advisors LLC acquired a new stake in shares of Amentum during the 3rd quarter worth approximately $219,000. Stratos Wealth Advisors LLC purchased a new position in shares of Amentum during the 3rd quarter worth approximately $282,000. Heritage Family Offices LLP purchased a new position in shares of Amentum during the 3rd quarter worth approximately $308,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in shares of Amentum during the 3rd quarter worth approximately $414,000. Finally, Cahaba Wealth Management Inc. purchased a new position in shares of Amentum during the 3rd quarter worth approximately $440,000.

Amentum Stock Down 1.3 %

Shares of NYSE:AMTM traded down $0.39 during mid-day trading on Friday, reaching $29.30. 1,828,737 shares of the company were exchanged, compared to its average volume of 4,144,533. Amentum Holdings, Inc. has a 1 year low of $23.58 and a 1 year high of $34.50.

Analyst Upgrades and Downgrades

Separately, Truist Financial assumed coverage on shares of Amentum in a research report on Monday, October 14th. They set a “buy” rating and a $31.00 price objective for the company.

About Amentum

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.