Kovitz Investment Group Partners LLC acquired 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 SEC. The institutional investor acquired 135,026 shares of the company's stock, valued at approximately $4,304,000. Kovitz Investment Group Partners LLC owned about 0.05% of Amentum at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in AMTM. State Street Corp bought a new position in shares of Amentum in the third quarter worth $236,306,000. Primecap Management Co. CA purchased a new stake in shares of Amentum during the third quarter valued at $169,999,000. Ruane Cunniff & Goldfarb L.P. purchased a new stake in shares of Amentum during the third quarter valued at $81,608,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Amentum during the third quarter valued at $78,399,000. Finally, Massachusetts Financial Services Co. MA purchased a new stake in Amentum in the 3rd quarter worth about $39,613,000. 39.93% of the stock is currently owned by institutional investors.
Amentum Stock Up 2.5 %
AMTM stock traded up $0.58 during mid-day trading on Monday, hitting $23.75. The stock had a trading volume of 2,556,483 shares, compared to its average volume of 2,490,730. Amentum Holdings, Inc. has a 1-year low of $21.24 and a 1-year high of $34.50.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on AMTM shares. Raymond James started coverage on Amentum in a research note on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price objective for the company. Truist Financial started coverage on Amentum in a research note on Monday, October 14th. They issued a "buy" rating and a $31.00 price objective for the company.
Get Our Latest Stock Analysis on Amentum
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.
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