1,228,298 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,228,298 shares of the company's stock, valued at approximately $39,613,000. Massachusetts Financial Services Co. MA owned about 0.49% of Amentum as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Dover Advisors LLC acquired a new stake in Amentum in the third quarter worth $219,000. McKinley Carter Wealth Services Inc. acquired a new stake in shares of Amentum in the 3rd quarter worth about $1,764,000. Heritage Family Offices LLP bought a new stake in Amentum in the 3rd quarter valued at about $308,000. ZWJ Investment Counsel Inc. acquired a new position in Amentum during the 3rd quarter valued at about $2,256,000. Finally, Compass Wealth Management LLC bought a new position in Amentum in the 3rd quarter worth about $804,000.

Amentum Price Performance

Shares of AMTM traded up $0.47 during midday trading on Monday, reaching $24.90. The stock had a trading volume of 802,709 shares, compared to its average volume of 2,721,075. Amentum Holdings, Inc. has a 52 week low of $21.24 and a 52 week high of $34.50.

Analyst Ratings Changes

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

Amentum Profile

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.