Caisse DE Depot ET Placement DU Quebec Acquires Shares of 718,039 Amentum Holdings, Inc. (NYSE:AMTM)

Caisse DE Depot ET Placement DU Quebec acquired a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 718,039 shares of the company's stock, valued at approximately $23,157,000. Caisse DE Depot ET Placement DU Quebec owned 0.29% of Amentum as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in AMTM. Wharton Business Group LLC bought a new position in Amentum in the third quarter worth about $2,106,000. Peak Asset Management LLC purchased a new position in shares of Amentum in the 3rd quarter valued at approximately $774,000. Tower Bridge Advisors bought a new stake in shares of Amentum during the third quarter valued at approximately $4,053,000. Oppenheimer Asset Management Inc. purchased a new stake in Amentum in the third quarter worth $1,062,000. Finally, Janney Montgomery Scott LLC bought a new position in Amentum in the third quarter worth $2,178,000.

Analyst Ratings Changes

A number of analysts have recently commented on AMTM shares. Raymond James initiated coverage on shares of Amentum in a report on Thursday, November 21st. They set an "outperform" rating and a $30.00 target price on the stock. Truist Financial began coverage on shares of Amentum in a research report on Monday, October 14th. They set a "buy" rating and a $31.00 price target for the company.

Amentum Stock Performance

Shares of Amentum stock traded down $0.49 during midday trading on Monday, hitting $23.86. The company had a trading volume of 1,308,553 shares, compared to its average volume of 2,592,635. Amentum Holdings, Inc. has a 52-week low of $21.24 and a 52-week high of $34.50.

About Amentum

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.