Jacobs Levy Equity Management Inc. bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 82,399 shares of the company's stock, valued at approximately $2,657,000.
A number of other large investors have also recently added to or reduced their stakes in the business. Arrow Financial Corp acquired a new stake in Amentum during the 3rd quarter worth about $26,000. US Bancorp DE purchased a new position in shares of Amentum in the third quarter worth approximately $30,000. Signaturefd LLC acquired a new stake in shares of Amentum during the third quarter valued at approximately $33,000. HM Payson & Co. purchased a new stake in shares of Amentum in the 3rd quarter valued at approximately $38,000. Finally, Studio Investment Management LLC purchased a new stake in shares of Amentum in the 3rd quarter valued at approximately $42,000.
Amentum Stock Performance
Shares of AMTM stock traded up $0.17 during trading on Friday, hitting $23.17. 1,015,913 shares of the company were exchanged, compared to its average volume of 1,706,285. Amentum Holdings, Inc. has a twelve month low of $21.24 and a twelve month high of $34.50.
Analysts Set New Price Targets
AMTM has been the topic of several recent analyst reports. Raymond James initiated coverage on shares of Amentum in a research note on Thursday, November 21st. They set an "outperform" rating and a $30.00 target price on the stock. Truist Financial initiated coverage on Amentum in a research report on Monday, October 14th. They set a "buy" rating and a $31.00 price target on the stock.
Read Our Latest Stock Report on AMTM
Amentum Company Profile
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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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