Swiss National Bank acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 312,800 shares of the company's stock, valued at approximately $10,088,000. Swiss National Bank owned approximately 0.13% of Amentum at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Amentum in the 3rd quarter valued at about $78,399,000. Thrivent Financial for Lutherans bought a new stake in Amentum in the third quarter valued at approximately $17,268,000. Victory Capital Management Inc. bought a new stake in Amentum in the third quarter valued at approximately $6,842,000. Natixis Advisors LLC purchased a new stake in shares of Amentum during the third quarter valued at approximately $6,471,000. Finally, Mesirow Financial Investment Management Inc. bought a new position in shares of Amentum in the third quarter worth approximately $5,998,000.
Amentum Price Performance
AMTM stock traded up $0.42 during trading on Monday, reaching $24.85. The company had a trading volume of 1,451,072 shares, compared to its average volume of 2,735,811. Amentum Holdings, Inc. has a 52 week low of $21.24 and a 52 week high of $34.50.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on AMTM. Raymond James assumed coverage on shares of Amentum in a research report on Thursday. They set an "outperform" rating and a $30.00 price target for the company. Truist Financial initiated coverage on Amentum in a research note on Monday, October 14th. They issued a "buy" rating and a $31.00 target price on the stock.
Check Out Our Latest Stock Report on Amentum
About Amentum
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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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