Thompson Siegel & Walmsley LLC Increases Stake in Amentum Holdings, Inc. (NYSE:AMTM)

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

Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp purchased a new stake in shares of Amentum during the third quarter valued at about $236,306,000. Primecap Management Co. CA purchased a new stake in shares of Amentum during the third quarter valued at about $169,999,000. Geode Capital Management LLC purchased a new stake in shares of Amentum during the third quarter valued at about $101,022,000. Ruane Cunniff & Goldfarb L.P. purchased a new stake in shares of Amentum during the third quarter valued at about $81,608,000. Finally, Massachusetts Financial Services Co. MA purchased a new stake in shares of Amentum during the third quarter valued at about $39,613,000. 39.93% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amentum

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

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Analyst Ratings Changes

Several equities analysts recently commented on AMTM shares. Cantor Fitzgerald raised shares of Amentum to a "hold" rating in a research report on Tuesday, February 25th. Raymond James started coverage on shares of Amentum in a research report on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price objective for the company. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $24.00 price objective on shares of Amentum in a research report on Thursday, February 6th.

Amentum Price Performance

NYSE:AMTM traded up $0.07 during midday trading on Friday, hitting $17.94. The company's stock had a trading volume of 3,726,488 shares, compared to its average volume of 2,780,822. Amentum Holdings, Inc. has a fifty-two week low of $16.95 and a fifty-two week high of $34.47. The company's 50 day simple moving average is $20.79. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 1.02.

Amentum (NYSE:AMTM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.06. On average, sell-side analysts forecast that Amentum Holdings, Inc. will post 2.1 EPS for the current year.

Amentum 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.