Country Club Bank purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 32,594 shares of the company's stock, valued at approximately $727,000.
A number of other institutional investors also recently made changes to their positions in AMTM. Arrow Financial Corp bought a new stake in shares of Amentum in the 3rd quarter worth approximately $26,000. US Bancorp DE acquired a new stake in shares of Amentum during the 3rd quarter valued at $30,000. Anchor Investment Management LLC bought a new stake in shares of Amentum during the 3rd quarter worth $32,000. Signaturefd LLC acquired a new position in shares of Amentum in the 3rd quarter valued at $33,000. Finally, Glen Eagle Advisors LLC purchased a new position in Amentum in the 3rd quarter worth about $35,000. 39.93% of the stock is owned by institutional investors and hedge funds.
Amentum Stock Down 3.1 %
Shares of Amentum stock traded down $0.72 during trading on Friday, hitting $22.13. 1,815,531 shares of the stock traded hands, compared to its average volume of 2,200,147. The business's fifty day moving average is $21.98. Amentum Holdings, Inc. has a twelve month low of $18.38 and a twelve month high of $34.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.57.
Amentum (NYSE:AMTM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.06. On average, equities research analysts expect that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
AMTM has been the topic of several analyst reports. Truist Financial started coverage on shares of Amentum in a research report on Monday, October 14th. They issued a "buy" rating and a $31.00 target price on the stock. Royal Bank of Canada restated a "sector perform" rating and issued a $24.00 target price on shares of Amentum in a report on Thursday. Raymond James assumed coverage on Amentum in a research report on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target on the stock. Finally, Cantor Fitzgerald initiated coverage on Amentum in a research report on Friday. They set a "neutral" rating and a $25.00 price objective for the company.
View Our Latest Stock Report on AMTM
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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