Free Trial

Peak Asset Management LLC Acquires New Shares in Amentum Holdings, Inc. (NYSE:AMTM)

Amentum logo

Peak Asset Management LLC acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 24,000 shares of the company's stock, valued at approximately $774,000.

A number of other hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Amentum during the third quarter valued at approximately $78,399,000. Victory Capital Management Inc. purchased a new stake in shares of Amentum during the 3rd quarter valued at $6,842,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Amentum during the 3rd quarter valued at $5,998,000. Principal Financial Group Inc. bought a new stake in shares of Amentum during the 3rd quarter worth $4,695,000. Finally, Washington Trust Advisors Inc. purchased a new position in shares of Amentum in the 3rd quarter worth about $4,134,000.

Amentum Price Performance

NYSE AMTM traded down $3.23 on Thursday, hitting $26.40. 2,505,502 shares of the stock traded hands, compared to its average volume of 2,759,896. Amentum Holdings, Inc. has a 12 month low of $23.58 and a 12 month high of $34.50.

Analyst Ratings Changes

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

Check Out Our Latest Report on Amentum

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.

Featured Stories

Institutional Ownership by Quarter for Amentum (NYSE:AMTM)

Should you invest $1,000 in Amentum right now?

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

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends

Learn why this REIT stands out with a monthly dividend and strong shareholder returns of over 60% since early 2022 in the latest MarketBeat CEO Series.

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines