Mesirow Financial Investment Management Inc. Takes $6 Million Position in Amentum Holdings, Inc. (NYSE:AMTM)

Mesirow Financial Investment Management Inc. purchased a new stake in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 185,990 shares of the company's stock, valued at approximately $5,998,000. Mesirow Financial Investment Management Inc. owned 0.07% of Amentum at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new position in shares of Amentum during the third quarter valued at $78,399,000. Principal Financial Group Inc. acquired a new stake in shares of Amentum during the 3rd quarter worth about $4,695,000. Washington Trust Advisors Inc. bought a new position in Amentum during the 3rd quarter valued at about $4,134,000. Wealth Enhancement Advisory Services LLC acquired a new position in Amentum in the third quarter valued at about $3,905,000. Finally, New York State Teachers Retirement System bought a new stake in Amentum during the third quarter worth about $3,745,000.

Analyst Upgrades and Downgrades

Separately, Truist Financial started coverage on shares of Amentum in a research note on Monday, October 14th. They issued a "buy" rating and a $31.00 target price for the company.

Amentum Price Performance

Amentum stock traded up $1.56 on Friday, reaching $33.40. The company's stock had a trading volume of 1,403,806 shares, compared to its average volume of 1,734,105. Amentum Holdings, Inc. has a twelve month low of $23.58 and a twelve month high of $34.50.

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.