Bridgewater Associates LP purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the third quarter, according to its most recent filing with the SEC. The firm purchased 48,532 shares of the company's stock, valued at approximately $1,565,000.
Other institutional investors have also modified their holdings of the company. Arrow Financial Corp acquired a new position in Amentum during the third quarter worth $26,000. US Bancorp DE purchased a new stake in shares of Amentum in the 3rd quarter worth about $30,000. Signaturefd LLC acquired a new stake in Amentum in the 3rd quarter valued at about $33,000. HM Payson & Co. purchased a new position in Amentum during the 3rd quarter valued at about $38,000. Finally, Studio Investment Management LLC acquired a new position in Amentum during the third quarter worth about $42,000.
Amentum Stock Performance
NYSE AMTM traded down $0.49 during mid-day trading on Monday, reaching $23.86. 1,309,788 shares of the stock were exchanged, compared to its average volume of 2,592,635. Amentum Holdings, Inc. has a 1-year low of $21.24 and a 1-year high of $34.50.
Analyst Ratings Changes
A number of research firms recently issued reports on AMTM. Raymond James initiated coverage on Amentum in a research note on Thursday, November 21st. They issued an "outperform" rating and a $30.00 target price on the stock. Truist Financial assumed coverage on Amentum in a report on Monday, October 14th. They issued a "buy" rating and a $31.00 price target for the company.
Read Our Latest Stock Analysis on Amentum
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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