California State Teachers Retirement System Purchases 34,643 Shares of Amentum Holdings, Inc. $AMTM

California State Teachers Retirement System increased its position in Amentum Holdings, Inc. (NYSE:AMTM) by 23.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 184,555 shares of the company’s stock after buying an additional 34,643 shares during the period. California State Teachers Retirement System owned 0.08% of Amentum worth $4,813,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sound Income Strategies LLC raised its stake in shares of Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after acquiring an additional 425 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Amentum by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock worth $867,000 after acquiring an additional 462 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Amentum by 35.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $54,000 after purchasing an additional 481 shares in the last quarter. BCS Private Wealth Management Inc. increased its holdings in Amentum by 5.0% during the 4th quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock valued at $348,000 after purchasing an additional 575 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in Amentum by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock valued at $1,018,000 after purchasing an additional 600 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on AMTM shares. JPMorgan Chase & Co. lowered their target price on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Truist Financial reissued a “buy” rating and set a $35.00 price objective (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Bank of America lowered their price objective on shares of Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $40.00 target price on shares of Amentum in a research note on Monday, April 13th. Finally, BNP Paribas Exane started coverage on shares of Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $32.00.

Amentum Stock Up 3.9%

NYSE AMTM opened at $24.78 on Friday. The stock has a market capitalization of $6.05 billion, a P/E ratio of 41.30, a price-to-earnings-growth ratio of 0.70 and a beta of 0.30. Amentum Holdings, Inc. has a 52 week low of $19.80 and a 52 week high of $38.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a fifty day moving average of $21.87 and a 200-day moving average of $26.21.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts forecast that Amentum Holdings, Inc. will post 2.36 EPS for the current year.

Amentum 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.