Thompson Siegel & Walmsley LLC Has $40.98 Million Holdings in Amentum Holdings, Inc. (NYSE:AMTM)

Thompson Siegel & Walmsley LLC grew its position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 469.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,948,684 shares of the company's stock after purchasing an additional 1,606,442 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.80% of Amentum worth $40,981,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in Amentum in the 4th quarter valued at approximately $52,000. EverSource Wealth Advisors LLC raised its holdings in shares of Amentum by 22.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,978 shares of the company's stock valued at $84,000 after purchasing an additional 730 shares during the last quarter. NBT Bank N A NY bought a new stake in shares of Amentum in the fourth quarter worth $63,000. Amundi acquired a new position in Amentum during the fourth quarter worth $277,000. Finally, Arizona State Retirement System grew its position in Amentum by 8.3% in the fourth quarter. Arizona State Retirement System now owns 38,835 shares of the company's stock valued at $817,000 after purchasing an additional 2,961 shares in the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.

Amentum Stock Performance

AMTM stock traded up $0.07 during trading hours on Friday, reaching $17.94. The stock had a trading volume of 3,726,488 shares, compared to its average volume of 2,785,293. The company's 50-day moving average is $20.88. Amentum Holdings, Inc. has a fifty-two week low of $16.95 and a fifty-two week high of $34.47. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.59.

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Amentum (NYSE:AMTM - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.06. As a group, equities analysts predict that Amentum Holdings, Inc. will post 2.1 EPS for the current year.

Insider Activity

In related news, insider Steven J. Demetriou acquired 100,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were bought at an average cost of $20.81 per share, with a total value of $2,081,000.00. Following the completion of the transaction, the insider now directly owns 620,893 shares of the company's stock, valued at $12,920,783.33. This trade represents a 19.20 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Barbara Loughran bought 4,600 shares of Amentum stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $21.23 per share, with a total value of $97,658.00. Following the acquisition, the director now directly owns 4,600 shares in the company, valued at $97,658. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 18.67% of the company's stock.

Analyst Ratings Changes

AMTM has been the topic of several analyst reports. Cantor Fitzgerald raised shares of Amentum to a "hold" rating in a research report on Tuesday, February 25th. Royal Bank of Canada reiterated a "sector perform" rating and set a $24.00 target price on shares of Amentum in a report on Thursday, February 6th. Finally, Raymond James assumed coverage on Amentum in a research report on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target for the company.

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.