Cerity Partners LLC bought a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 80,863 shares of the company's stock, valued at approximately $2,608,000.
Other large investors have also recently bought and sold shares of the company. Arrow Financial Corp purchased a new stake in shares of Amentum in the third quarter worth $26,000. US Bancorp DE purchased a new stake in shares of Amentum in the 3rd quarter valued at about $30,000. Signaturefd LLC bought a new stake in shares of Amentum during the 3rd quarter valued at about $33,000. HM Payson & Co. purchased a new position in shares of Amentum during the third quarter worth about $38,000. Finally, Studio Investment Management LLC bought a new position in shares of Amentum in the third quarter worth approximately $42,000.
Amentum Trading Up 1.9 %
Shares of Amentum stock traded up $0.45 during trading on Friday, hitting $24.35. 642,615 shares of the stock traded hands, compared to its average volume of 1,668,306. Amentum Holdings, Inc. has a 52 week low of $21.24 and a 52 week high of $34.50.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on AMTM. Truist Financial initiated coverage on shares of Amentum in a research report on Monday, October 14th. They set a "buy" rating and a $31.00 target price for the company. Raymond James began coverage on shares of Amentum in a research report on Thursday, November 21st. They issued an "outperform" rating and a $30.00 target price for the company.
Check Out Our Latest Stock Report on AMTM
Amentum Company Profile
(
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.
See Also
Before you consider Amentum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amentum wasn't on the list.
While Amentum currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.