Crestwood Advisors Group LLC Acquires Shares of 80,071 Amentum Holdings, Inc. (NYSE:AMTM)

Crestwood Advisors Group LLC bought a new stake in 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 & Exchange Commission. The institutional investor bought 80,071 shares of the company's stock, valued at approximately $2,582,000.

Other large investors have also recently bought and sold shares of the company. Dover Advisors LLC purchased a new position in shares of Amentum during the third quarter worth about $219,000. McKinley Carter Wealth Services Inc. purchased a new position in shares of Amentum during the third quarter worth about $1,764,000. Heritage Family Offices LLP purchased a new position in shares of Amentum during the third quarter worth about $308,000. ZWJ Investment Counsel Inc. purchased a new position in shares of Amentum during the third quarter worth about $2,256,000. Finally, Compass Wealth Management LLC purchased a new position in shares of Amentum during the third quarter worth about $804,000.

Analyst Ratings Changes

Separately, Truist Financial started coverage on shares of Amentum in a research note on Monday, October 14th. They set a "buy" rating and a $31.00 target price for the company.

Amentum Trading Up 3.3 %

Shares of AMTM traded up $0.99 during mid-day trading on Wednesday, hitting $30.99. 1,330,931 shares of the company's stock were exchanged, compared to its average volume of 2,996,621. Amentum Holdings, Inc. has a fifty-two week low of $23.58 and a fifty-two week high of $34.50.

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.