National Pension Service Acquires Shares of 15,555 Amentum Holdings, Inc. (NYSE:AMTM)

National Pension Service acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,555 shares of the company's stock, valued at approximately $327,000.

Several other institutional investors also recently bought and sold shares of AMTM. Arrow Financial Corp bought a new stake in shares of Amentum in the 3rd quarter valued at about $26,000. US Bancorp DE purchased a new stake in Amentum during the third quarter valued at approximately $30,000. Anchor Investment Management LLC acquired a new stake in Amentum in the third quarter valued at approximately $32,000. Glen Eagle Advisors LLC acquired a new stake in Amentum in the third quarter valued at approximately $35,000. Finally, IFP Advisors Inc grew its holdings in Amentum by 119.2% in the fourth quarter. IFP Advisors Inc now owns 1,532 shares of the company's stock worth $35,000 after purchasing an additional 833 shares during the last quarter. 39.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Barbara Loughran acquired 4,600 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of $21.23 per share, for a total transaction of $97,658.00. Following the completion of the transaction, the director now owns 4,600 shares in the company, valued at approximately $97,658. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven J. Demetriou acquired 100,000 shares of Amentum stock in a transaction on Wednesday, February 12th. The shares were bought at an average price of $20.81 per share, with a total value of $2,081,000.00. Following the completion of the transaction, the insider now directly owns 620,893 shares of the company's stock, valued at $12,920,783.33. This trade represents a 19.20 % increase in their position. The disclosure for this purchase can be found here. 18.67% of the stock is owned by corporate insiders.

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Amentum Price Performance

Shares of AMTM traded up $0.63 during trading hours on Wednesday, reaching $19.34. 2,287,609 shares of the company traded hands, compared to its average volume of 2,710,919. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a fifty day simple moving average of $21.22. Amentum Holdings, Inc. has a 12-month low of $17.82 and a 12-month high of $34.47.

Amentum (NYSE:AMTM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.06. On average, equities research analysts predict that Amentum Holdings, Inc. will post 2.1 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Royal Bank of Canada reiterated a "sector perform" rating and set a $24.00 price objective on shares of Amentum in a report on Thursday, February 6th. Raymond James assumed coverage on Amentum in a research note on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price target for the company. Finally, Cantor Fitzgerald upgraded Amentum to a "hold" rating in a research note on Tuesday, February 25th.

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.