Amentum Holdings, Inc. (NYSE:AMTM) Receives Average Recommendation of “Hold” from Analysts

Amentum Holdings, Inc. (NYSE:AMTM) has earned an average rating of “Hold” from the thirteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $29.1818.

A number of research firms have recently issued reports on AMTM. Morgan Stanley set a $24.00 target price on shares of Amentum in a research note on Tuesday, August 11th. Bank of America decreased their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. JPMorgan Chase & Co. dropped their price target on Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a report on Monday, August 17th. Zacks Research downgraded Amentum from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Finally, The Goldman Sachs Group set a $24.00 price objective on Amentum in a research note on Thursday, August 20th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMTM. IFM Investors Pty Ltd acquired a new stake in Amentum in the 1st quarter valued at about $411,000. Cetera Investment Advisers acquired a new position in shares of Amentum during the second quarter worth approximately $335,000. JPMorgan Chase & Co. lifted its position in shares of Amentum by 4.1% during the second quarter. JPMorgan Chase & Co. now owns 91,322 shares of the company’s stock worth $2,156,000 after purchasing an additional 3,608 shares in the last quarter. M&T Bank Corp bought a new stake in shares of Amentum during the second quarter valued at approximately $241,000. Finally, Gabelli Funds LLC acquired a new stake in shares of Amentum in the second quarter valued at approximately $592,000. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Trading Down 0.7%

Shares of AMTM stock opened at $20.46 on Friday. Amentum has a 12-month low of $19.80 and a 12-month high of $38.11. The company has a market capitalization of $5.00 billion, a P/E ratio of 24.65, a P/E/G ratio of 0.60 and a beta of 0.30. The firm has a 50-day moving average price of $21.51 and a 200 day moving average price of $24.72. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Research analysts forecast that Amentum will post 2.38 earnings per share for the current fiscal year.

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.