Moore Capital Management LP Grows Stock Position in Amentum Holdings, Inc. $AMTM

Moore Capital Management LP boosted its position in Amentum Holdings, Inc. (NYSE:AMTM) by 16.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 475,314 shares of the company’s stock after buying an additional 67,897 shares during the quarter. Moore Capital Management LP owned approximately 0.19% of Amentum worth $13,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Los Angeles Capital Management LLC purchased a new position in shares of Amentum in the fourth quarter valued at $26,000. Financial Consulate Inc. purchased a new position in shares of Amentum in the fourth quarter valued at $38,000. Sound Income Strategies LLC grew its position 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 purchasing an additional 425 shares in the last quarter. Salomon & Ludwin LLC grew its position in shares of Amentum by 98.6% in the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after purchasing an additional 648 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Amentum by 433.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after purchasing an additional 1,474 shares in the last quarter. 39.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. BTIG Research reiterated a “buy” rating and issued a $35.00 price target on shares of Amentum in a research report on Thursday, May 14th. Truist Financial reiterated a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Royal Bank Of Canada reduced their price target on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 13th. Citizens Jmp reiterated a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a research report on Monday, April 13th. Finally, JPMorgan Chase & Co. reduced their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Amentum has a consensus rating of “Hold” and an average price target of $32.00.

Amentum Price Performance

NYSE:AMTM opened at $21.47 on Thursday. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of 35.78, a P/E/G ratio of 0.65 and a beta of 0.27. Amentum Holdings, Inc. has a 52-week low of $21.11 and a 52-week high of $38.11. The stock has a fifty day moving average of $24.51 and a 200 day moving average of $28.47. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48.

Amentum (NYSE:AMTM) last posted its quarterly earnings data 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 company had revenue of $3.48 billion during 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 quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the company earned $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, research analysts expect that Amentum Holdings, Inc. will post 2.36 EPS for the current fiscal 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.