PNC Financial Services Group Inc. acquired 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 disclosure with the Securities & Exchange Commission. The institutional investor acquired 43,322 shares of the company's stock, valued at approximately $1,397,000.
A number of other institutional investors have also added to or reduced their stakes in AMTM. Allspring Global Investments Holdings LLC acquired a new position in Amentum during the third quarter worth $78,399,000. Thrivent Financial for Lutherans acquired a new position in Amentum during the third quarter worth $17,268,000. Swiss National Bank acquired a new position in Amentum during the third quarter worth $10,088,000. Victory Capital Management Inc. acquired a new position in Amentum during the third quarter worth $6,842,000. Finally, Natixis Advisors LLC acquired a new position in Amentum during the third quarter worth $6,471,000.
Analyst Ratings Changes
Several research analysts have issued reports on AMTM shares. Raymond James initiated coverage on Amentum in a research note on Thursday, November 21st. They set an "outperform" rating and a $30.00 price objective for the company. Truist Financial initiated coverage on shares of Amentum in a research report on Monday, October 14th. They issued a "buy" rating and a $31.00 price target on the stock.
View Our Latest Analysis on AMTM
Amentum Trading Down 0.8 %
Shares of AMTM stock opened at $24.61 on Wednesday. Amentum Holdings, Inc. has a 12-month low of $21.24 and a 12-month 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.
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