Asset Management One Co. Ltd. Acquires Shares of 76,777 Amentum Holdings, Inc. (NYSE:AMTM)

Asset Management One Co. Ltd. acquired 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 13F filing with the Securities and Exchange Commission. The fund acquired 76,777 shares of the company's stock, valued at approximately $2,476,000.

Other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new position in shares of Amentum during the 3rd quarter worth about $78,399,000. Wealth Enhancement Advisory Services LLC acquired a new position in Amentum in the third quarter worth about $3,905,000. New York State Teachers Retirement System bought a new position in Amentum during the third quarter worth about $3,745,000. F M Investments LLC acquired a new stake in Amentum during the third quarter valued at approximately $3,543,000. Finally, Eastern Bank bought a new stake in shares of Amentum in the 3rd quarter valued at approximately $3,325,000.

Wall Street Analysts Forecast Growth

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

Amentum Trading Up 4.9 %

NYSE AMTM traded up $1.56 on Friday, hitting $33.40. 1,403,806 shares of the company were exchanged, compared to its average volume of 1,734,105. Amentum Holdings, Inc. has a 1-year low of $23.58 and a 1-year 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.