Toronto Dominion Bank acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 46,923 shares of the company's stock, valued at approximately $1,513,000.
A number of other institutional investors have also modified their holdings of AMTM. Arrow Financial Corp acquired a new position in Amentum during the third quarter valued at approximately $26,000. US Bancorp DE purchased a new position in shares of Amentum in the 3rd quarter valued at $30,000. Signaturefd LLC acquired a new position in shares of Amentum during the 3rd quarter valued at $33,000. Glen Eagle Advisors LLC purchased a new stake in Amentum during the 3rd quarter worth $35,000. Finally, HM Payson & Co. acquired a new stake in Amentum in the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 39.93% of the company's stock.
Amentum Stock Performance
AMTM stock traded up $0.76 during mid-day trading on Monday, reaching $23.81. The company had a trading volume of 3,776,938 shares, compared to its average volume of 2,486,682. The business has a 50-day moving average price of $27.07. Amentum Holdings, Inc. has a one year low of $21.24 and a one year high of $34.50.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Truist Financial initiated coverage on Amentum in a research note on Monday, October 14th. They set a "buy" rating and a $31.00 price objective on the stock. Raymond James started coverage on Amentum in a report on Thursday, November 21st. They set an "outperform" rating and a $30.00 target price on the stock.
View Our Latest Analysis on Amentum
About Amentum
(
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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