Janus Henderson Group PLC bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 117,059 shares of the company's stock, valued at approximately $3,501,000.
A number of other hedge funds have also bought and sold shares of AMTM. Primecap Management Co. CA acquired a new position in Amentum in the 3rd quarter worth approximately $169,999,000. Ruane Cunniff & Goldfarb L.P. acquired a new stake in shares of Amentum in the third quarter worth $81,608,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Amentum during the third quarter worth $78,399,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Amentum during the third quarter worth $39,613,000. Finally, Simcoe Capital Management LLC acquired a new position in Amentum during the third quarter valued at $37,188,000. Institutional investors and hedge funds own 39.93% of the company's stock.
Amentum Price Performance
Shares of AMTM traded down $0.24 during trading hours on Thursday, hitting $23.61. The stock had a trading volume of 1,700,663 shares, compared to its average volume of 2,480,268. The business's 50-day moving average is $27.16. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Raymond James initiated coverage on Amentum in a research report on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target on the stock. Truist Financial started coverage on Amentum in a research note on Monday, October 14th. They issued a "buy" rating and a $31.00 target price on the stock.
Check Out Our Latest Analysis on AMTM
About Amentum
(
Free Report)
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.
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