United Asset Strategies Inc. purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,770 shares of the company's stock, valued at approximately $928,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dover Advisors LLC purchased a new position in shares of Amentum in the third quarter valued at about $219,000. McKinley Carter Wealth Services Inc. purchased a new position in Amentum in the 3rd quarter worth approximately $1,764,000. Heritage Family Offices LLP purchased a new position in Amentum in the 3rd quarter worth approximately $308,000. ZWJ Investment Counsel Inc. bought a new position in Amentum in the 3rd quarter worth approximately $2,256,000. Finally, Compass Wealth Management LLC purchased a new stake in Amentum during the 3rd quarter valued at approximately $804,000.
Analyst Upgrades and Downgrades
Separately, Truist Financial started coverage on shares of Amentum in a report on Monday, October 14th. They issued a "buy" rating and a $31.00 target price on the stock.
Get Our Latest Research Report on AMTM
Amentum Price Performance
Shares of AMTM traded up $1.05 during midday trading on Friday, hitting $30.79. 957,085 shares of the company traded hands, compared to its average volume of 3,217,354. Amentum Holdings, Inc. has a 52 week low of $23.58 and a 52 week high of $34.50.
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.
See Also
Before you consider Amentum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amentum wasn't on the list.
While Amentum currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
