MetLife Investment Management LLC bought a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,546 shares of the company's stock, valued at approximately $1,050,000.
Several other hedge funds and other institutional investors have also made changes to their positions in AMTM. Arrow Financial Corp purchased a new stake in shares of Amentum in the third quarter valued at approximately $26,000. US Bancorp DE acquired a new position in Amentum during the third quarter worth $30,000. Signaturefd LLC purchased a new stake in Amentum in the 3rd quarter valued at $33,000. HM Payson & Co. acquired a new stake in shares of Amentum in the 3rd quarter worth $38,000. Finally, Studio Investment Management LLC purchased a new position in shares of Amentum during the 3rd quarter worth $42,000.
Amentum Price Performance
AMTM traded up $0.17 during mid-day trading on Friday, hitting $23.17. 1,015,913 shares of the stock were exchanged, compared to its average volume of 1,706,285. 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 analysts have recently weighed in on AMTM shares. Raymond James began coverage on shares of Amentum in a research note on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price target for the company. Truist Financial assumed coverage on Amentum in a research report on Monday, October 14th. They issued a "buy" rating and a $31.00 price objective for the company.
View Our Latest Report on AMTM
Amentum 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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