354,699 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Purchased by Sessa Capital IM L.P.

Sessa Capital IM L.P. bought a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 354,699 shares of the company's stock, valued at approximately $11,439,000. Amentum makes up about 0.4% of Sessa Capital IM L.P.'s holdings, making the stock its 23rd biggest position. Sessa Capital IM L.P. owned approximately 0.14% of Amentum as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wharton Business Group LLC purchased a new stake in Amentum during the 3rd quarter valued at about $2,106,000. Peak Asset Management LLC purchased a new stake in shares of Amentum during the third quarter valued at approximately $774,000. Tower Bridge Advisors purchased a new stake in shares of Amentum during the third quarter valued at approximately $4,053,000. Janney Montgomery Scott LLC bought a new position in shares of Amentum in the third quarter worth approximately $2,178,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Amentum in the third quarter worth $1,062,000.

Wall Street Analysts Forecast Growth

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

Amentum Price Performance

AMTM stock traded down $0.09 during trading on Friday, reaching $24.67. The company had a trading volume of 1,007,866 shares, compared to its average volume of 2,755,011. Amentum Holdings, Inc. has a 52 week low of $21.24 and a 52 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.