Free Trial

Citigroup Inc. Makes New $3.70 Million Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Amentum logo

Citigroup Inc. purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 114,850 shares of the company's stock, valued at approximately $3,704,000.

Other institutional investors also recently bought and sold shares of the company. Sessa Capital IM L.P. bought a new position in Amentum during the 3rd quarter valued at about $11,439,000. Lathrop Investment Management Corp bought a new stake in Amentum in the 3rd quarter worth approximately $4,101,000. Charles Schwab Investment Management Inc. purchased a new stake in Amentum during the 3rd quarter valued at $24,527,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Amentum in the 3rd quarter worth $39,613,000. Finally, Thompson Siegel & Walmsley LLC bought a new stake in shares of Amentum in the third quarter worth $11,037,000.

Amentum Stock Down 3.6 %

Shares of AMTM traded down $0.86 during mid-day trading on Thursday, hitting $23.05. 1,340,770 shares of the stock were exchanged, compared to its average volume of 2,517,266. Amentum Holdings, Inc. has a 52-week low of $21.24 and a 52-week high of $34.50.

Analysts Set New Price Targets

AMTM has been the subject of a number of recent research reports. Raymond James began coverage on Amentum in a research note on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target for the company. Truist Financial assumed coverage on shares of Amentum in a research note on Monday, October 14th. They issued a "buy" rating and a $31.00 price objective for the company.

Read Our Latest Stock Analysis 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

Institutional Ownership by Quarter for Amentum (NYSE:AMTM)

Should you invest $1,000 in Amentum right now?

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

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Super Micro's Rebound: Can SMCI Stock Rally Another 100%?

Super Micro's Rebound: Can SMCI Stock Rally Another 100%?

Super Micro Computer, Inc. (SMCI) has seen a dramatic rebound, surging over 100% in the past two weeks. Find out what’s driving the recovery.

Related Videos

SMCI Stock: Is a Rebound Coming?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines