Captrust Financial Advisors acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 24,411 shares of the company's stock, valued at approximately $787,000.
A number of other large investors have also made changes to their positions in AMTM. Arrow Financial Corp acquired a new stake in Amentum during the third quarter worth $26,000. US Bancorp DE bought a new position in shares of Amentum during the 3rd quarter worth about $30,000. Signaturefd LLC bought a new position in shares of Amentum during the 3rd quarter worth about $33,000. HM Payson & Co. bought a new stake in Amentum in the third quarter valued at about $38,000. Finally, Studio Investment Management LLC acquired a new position in Amentum in the third quarter worth about $42,000. Institutional investors and hedge funds own 39.93% of the company's stock.
Wall Street Analysts Forecast Growth
AMTM has been the topic of a number of recent research reports. Truist Financial began coverage on Amentum in a report on Monday, October 14th. They set a "buy" rating and a $31.00 price objective on the stock. Raymond James assumed coverage on Amentum in a research note on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price target on the stock.
View Our Latest Stock Analysis on AMTM
Amentum Stock Down 0.7 %
Shares of Amentum stock traded down $0.17 during mid-day trading on Wednesday, reaching $23.85. 1,955,139 shares of the stock were exchanged, compared to its average volume of 2,494,009. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50. The company has a 50-day simple moving average of $27.24.
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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