Robeco Institutional Asset Management B.V. Invests $1.34 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Robeco Institutional Asset Management B.V. purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 41,443 shares of the company's stock, valued at approximately $1,337,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMTM. US Bancorp DE purchased a new stake in Amentum in the 3rd quarter valued at approximately $30,000. Signaturefd LLC purchased a new position in shares of Amentum during the 3rd quarter worth $33,000. HM Payson & Co. purchased a new position in shares of Amentum during the 3rd quarter worth $38,000. Harbor Capital Advisors Inc. purchased a new position in shares of Amentum during the 3rd quarter worth $43,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Amentum during the 3rd quarter worth $63,000.

Analyst Upgrades and Downgrades

Separately, Truist Financial initiated coverage on Amentum in a research note on Monday, October 14th. They set a "buy" rating and a $31.00 price target on the stock.

Amentum Stock Performance

Shares of AMTM stock traded up $1.56 on Friday, reaching $33.40. 1,403,806 shares of the stock were exchanged, compared to its average volume of 1,734,105. Amentum Holdings, Inc. has a 1-year low of $23.58 and a 1-year high of $34.50.

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.