71,306 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Bought by CenterBook Partners LP

CenterBook Partners LP bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 71,306 shares of the company's stock, valued at approximately $1,500,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Huntington National Bank acquired a new stake in Amentum in the 4th quarter valued at approximately $30,000. Anchor Investment Management LLC acquired a new position in shares of Amentum during the 3rd quarter worth $32,000. IFP Advisors Inc lifted its stake in shares of Amentum by 119.2% in the fourth quarter. IFP Advisors Inc now owns 1,532 shares of the company's stock worth $35,000 after acquiring an additional 833 shares during the period. Asset Planning Inc bought a new position in shares of Amentum in the 4th quarter worth $36,000. Finally, Horizon Investments LLC bought a new stake in Amentum in the fourth quarter worth about $36,000. Institutional investors own 39.93% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on AMTM shares. Morgan Stanley began coverage on shares of Amentum in a report on Wednesday. They set an "underweight" rating and a $19.00 target price on the stock. BTIG Research initiated coverage on shares of Amentum in a report on Tuesday. They set a "buy" rating and a $30.00 price objective on the stock. Truist Financial lowered their price target on Amentum from $31.00 to $24.00 and set a "buy" rating for the company in a report on Monday. The Goldman Sachs Group initiated coverage on shares of Amentum in a research report on Thursday, March 20th. They set a "neutral" rating and a $21.00 target price on the stock. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $24.00 price objective on shares of Amentum in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $24.71.

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Amentum Stock Down 0.9 %

Shares of AMTM traded down $0.17 during trading hours on Wednesday, reaching $18.59. 594,893 shares of the stock traded hands, compared to its average volume of 2,515,985. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a fifty day moving average price of $18.95. Amentum Holdings, Inc. has a 52 week low of $16.01 and a 52 week high of $34.50.

Amentum (NYSE:AMTM - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.45 by $0.06. Research analysts expect that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Barbara Loughran acquired 4,600 shares of Amentum stock in a transaction on Tuesday, February 18th. The shares were bought at an average price of $21.23 per share, for a total transaction of $97,658.00. Following the completion of the purchase, the director now directly owns 4,600 shares in the company, valued at $97,658. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven J. Demetriou bought 100,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were bought at an average cost of $20.81 per share, with a total value of $2,081,000.00. Following the completion of the acquisition, the insider now directly owns 620,893 shares of the company's stock, valued at approximately $12,920,783.33. The trade was a 19.20 % increase in their position. The disclosure for this purchase can be found here. 18.67% of the stock is currently owned by insiders.

Amentum Profile

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.