Royce & Associates LP Invests $726,000 in Amentum Holdings, Inc. (NYSE:AMTM)

Royce & Associates LP purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 22,500 shares of the company's stock, valued at approximately $726,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Arrow Financial Corp bought a new position in Amentum in the 3rd quarter worth $26,000. US Bancorp DE bought a new stake in shares of Amentum in the 3rd quarter worth about $30,000. Signaturefd LLC purchased a new stake in shares of Amentum in the third quarter worth approximately $33,000. HM Payson & Co. bought a new position in shares of Amentum in the third quarter worth about $38,000. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of Amentum during the third quarter valued at approximately $43,000.

Analyst Ratings Changes

AMTM has been the subject of several recent analyst reports. Raymond James assumed coverage on shares of Amentum in a research note on Thursday. They set an "outperform" rating and a $30.00 price objective for the company. Truist Financial began coverage on Amentum in a research report on Monday, October 14th. They set a "buy" rating and a $31.00 price target for the company.

Amentum Stock Up 2.1 %

NYSE:AMTM opened at $22.41 on Thursday. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.

Amentum Company 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.