Wilmington Savings Fund Society FSB bought a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 24,490 shares of the company's stock, valued at approximately $790,000.
Several other hedge funds also recently added to or reduced their stakes in AMTM. Wharton Business Group LLC acquired a new stake in shares of Amentum in the third quarter worth $2,106,000. Peak Asset Management LLC acquired a new position in Amentum during the third quarter valued at approximately $774,000. Tower Bridge Advisors acquired a new stake in Amentum during the 3rd quarter worth $4,053,000. Oppenheimer Asset Management Inc. bought a new stake in Amentum during the 3rd quarter worth approximately $1,062,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Amentum during the third quarter worth $2,178,000. 39.93% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Truist Financial began coverage on Amentum in a report on Monday, October 14th. They set a "buy" rating and a $31.00 target price for the company. Raymond James started coverage on shares of Amentum in a report on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target for the company.
View Our Latest Analysis on Amentum
Amentum Stock Performance
NYSE AMTM traded up $0.76 during trading hours on Monday, hitting $23.81. The company's stock had a trading volume of 3,776,938 shares, compared to its average volume of 2,486,682. The stock has a 50 day moving average price of $26.99. Amentum Holdings, Inc. has a 12 month low of $21.24 and a 12 month 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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