Focus Partners Wealth Acquires 2,761,801 Shares of Amentum Holdings, Inc. $AMTM

Focus Partners Wealth lifted its position in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 8,467.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,794,417 shares of the company’s stock after purchasing an additional 2,761,801 shares during the period. Focus Partners Wealth owned 1.15% of Amentum worth $81,038,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Legacy Advisors LLC bought a new position in Amentum during the fourth quarter worth about $284,614,000. Invesco Ltd. increased 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 worth $529,698,000 after purchasing an additional 2,539,594 shares during the period. Norges Bank bought a new position in shares of Amentum during the fourth quarter worth approximately $66,529,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Amentum during the second quarter worth approximately $32,576,000. Finally, Verition Fund Management LLC increased its holdings in shares of Amentum by 1,128.0% during the third quarter. Verition Fund Management LLC now owns 1,135,626 shares of the company’s stock worth $27,198,000 after purchasing an additional 1,043,145 shares during the period. 39.93% of the stock is currently owned by institutional investors and hedge funds.

Amentum Stock Down 0.1%

AMTM opened at $22.83 on Monday. Amentum Holdings, Inc. has a one year low of $21.11 and a one year 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’s fifty day moving average is $24.81 and its 200-day moving average is $28.63. The company has a market capitalization of $5.58 billion, a PE ratio of 38.06, a P/E/G ratio of 0.67 and a beta of 0.28.

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on AMTM shares. Royal Bank Of Canada reduced their price target on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 13th. Citizens Jmp reaffirmed a “market outperform” rating and set a $40.00 target price on shares of Amentum in a research note on Monday, April 13th. Truist Financial reaffirmed a “buy” rating and set a $35.00 target price (down from $42.00) on shares of Amentum in a research note on Tuesday, May 12th. Morgan Stanley assumed coverage on shares of Amentum in a report on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 price target on the stock. Finally, BNP Paribas Exane assumed coverage on Amentum in a research note on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $32.00.

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.