Teachers Retirement System of The State of Kentucky Takes $6.84 Million Position in Amentum Holdings, Inc. (NYSE:AMTM)

Teachers Retirement System of The State of Kentucky 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 SEC. The fund acquired 212,085 shares of the company's stock, valued at approximately $6,840,000. Teachers Retirement System of The State of Kentucky owned 0.09% of Amentum at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Wharton Business Group LLC bought a new stake in shares of Amentum during the 3rd quarter valued at $2,106,000. Peak Asset Management LLC bought a new position in shares of Amentum in the third quarter worth about $774,000. Tower Bridge Advisors bought a new position in shares of Amentum in the third quarter worth about $4,053,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Amentum during the 3rd quarter valued at about $1,062,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Amentum during the 3rd quarter valued at approximately $2,178,000. 39.93% of the stock is owned by institutional investors.

Amentum Stock Down 2.5 %

AMTM traded down $0.58 during trading on Friday, reaching $23.03. The company had a trading volume of 1,598,931 shares, compared to its average volume of 2,464,782. The business's 50 day moving average is $27.07. 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 equities analysts have recently commented on the company. Raymond James started coverage on Amentum in a research report on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price objective on the stock. Truist Financial initiated coverage on Amentum in a report on Monday, October 14th. They issued a "buy" rating and a $31.00 price target on the stock.

About Amentum

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.