16,973 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Purchased by Intrinsic Value Partners LLC

Intrinsic Value Partners LLC purchased a new stake in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,973 shares of the company's stock, valued at approximately $547,000.

Other hedge funds have also added to or reduced their stakes in the company. Arrow Financial Corp purchased a new stake in shares of Amentum in the third quarter valued at about $26,000. US Bancorp DE bought a new position in Amentum in the 3rd quarter valued at $30,000. Signaturefd LLC purchased a new stake in shares of Amentum during the 3rd quarter valued at $33,000. HM Payson & Co. bought a new stake in shares of Amentum during the 3rd quarter worth $38,000. Finally, Harbor Capital Advisors Inc. purchased a new position in shares of Amentum in the 3rd quarter worth about $43,000.

Amentum Price Performance

NYSE AMTM traded down $1.12 on Monday, hitting $32.28. 1,007,040 shares of the stock traded hands, compared to its average volume of 1,665,268. Amentum Holdings, Inc. has a 12 month low of $23.58 and a 12 month high of $34.50.

Analyst Upgrades and Downgrades

Separately, Truist Financial assumed coverage on shares of Amentum in a report on Monday, October 14th. They set a "buy" rating and a $31.00 price objective for the company.

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.