UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 674,167 shares of the company's stock, valued at approximately $21,742,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.27% of Amentum at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in AMTM. Arrow Financial Corp purchased a new position in shares of Amentum during the 3rd quarter valued at about $26,000. US Bancorp DE bought a new stake in shares of Amentum in the 3rd quarter worth approximately $30,000. Signaturefd LLC purchased a new stake in shares of Amentum in the 3rd quarter valued at $33,000. HM Payson & Co. bought a new position in shares of Amentum during the 3rd quarter valued at $38,000. Finally, Studio Investment Management LLC purchased a new position in Amentum in the 3rd quarter worth $42,000.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Truist Financial started 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 assumed coverage on Amentum in a research note on Thursday, November 21st. They set an "outperform" rating and a $30.00 price objective for the company.
Get Our Latest Research Report on AMTM
Amentum Stock Up 0.7 %
Shares of NYSE:AMTM traded up $0.16 during midday trading on Friday, reaching $23.17. 1,015,519 shares of the company's stock traded hands, compared to its average volume of 2,488,118. Amentum Holdings, Inc. has a one year low of $21.24 and a one year high of $34.50.
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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