Greenwood Gearhart Inc. purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,733 shares of the company's stock, valued at approximately $1,959,000.
A number of other hedge funds have also recently added to or reduced their stakes in AMTM. State Street Corp acquired a new stake in Amentum in the third quarter valued at $236,306,000. Primecap Management Co. CA purchased a new stake in shares of Amentum in the 3rd quarter worth about $169,999,000. Ruane Cunniff & Goldfarb L.P. acquired a new stake in Amentum in the 3rd quarter valued at about $81,608,000. Allspring Global Investments Holdings LLC purchased a new position in Amentum during the 3rd quarter valued at about $78,399,000. Finally, Massachusetts Financial Services Co. MA acquired a new position in Amentum during the third quarter worth about $39,613,000. Institutional investors and hedge funds own 39.93% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. Raymond James assumed coverage on Amentum in a research report on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price objective on the stock. Truist Financial initiated coverage on shares of Amentum in a report on Monday, October 14th. They issued a "buy" rating and a $31.00 target price on the stock.
Read Our Latest Stock Analysis on AMTM
Amentum Trading Up 1.2 %
Shares of AMTM traded up $0.28 during mid-day trading on Tuesday, reaching $24.03. 1,812,694 shares of the stock traded hands, compared to its average volume of 2,474,804. Amentum Holdings, Inc. has a 12-month low of $21.24 and a 12-month high of $34.50.
Amentum Profile
(
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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