WINTON GROUP Ltd Takes Position in Amentum Holdings, Inc. (NYSE:AMTM)

WINTON GROUP Ltd bought a new stake in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 64,748 shares of the company's stock, valued at approximately $1,362,000.

A number of other large investors also recently bought and sold shares of the stock. Prudential Financial Inc. lifted its stake in Amentum by 55.7% during the fourth quarter. Prudential Financial Inc. now owns 122,574 shares of the company's stock worth $2,578,000 after purchasing an additional 43,829 shares in the last quarter. Cannon Global Investment Management LLC acquired a new position in Amentum during the 4th quarter worth about $284,000. Vanguard Group Inc. boosted its holdings in Amentum by 18.0% during the 4th quarter. Vanguard Group Inc. now owns 16,542,447 shares of the company's stock valued at $347,888,000 after acquiring an additional 2,529,173 shares during the period. LPL Financial LLC grew its position in Amentum by 14.1% in the 4th quarter. LPL Financial LLC now owns 118,782 shares of the company's stock valued at $2,498,000 after acquiring an additional 14,637 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Amentum by 17.9% during the fourth quarter. Sei Investments Co. now owns 287,313 shares of the company's stock worth $6,042,000 after purchasing an additional 43,597 shares during the period. Institutional investors and hedge funds own 39.93% of the company's stock.

Insider Buying and Selling at Amentum

In related news, insider Steven J. Demetriou acquired 100,000 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were bought at an average price of $20.81 per share, with a total value of $2,081,000.00. Following the completion of the acquisition, the insider now owns 620,893 shares in the company, 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 legal filing with the SEC, which can be accessed through this link. Also, Director Barbara Loughran bought 4,600 shares of the stock in a transaction dated Tuesday, February 18th. The stock was bought at an average price of $21.23 per share, with a total value of $97,658.00. Following the acquisition, the director now owns 4,600 shares in the company, valued at approximately $97,658. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 18.67% of the stock is owned by insiders.

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Amentum Stock Down 0.7 %

NYSE:AMTM traded down $0.14 during mid-day trading on Tuesday, hitting $18.07. The stock had a trading volume of 331,177 shares, compared to its average volume of 2,872,332. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 1.02. Amentum Holdings, Inc. has a twelve month low of $16.95 and a twelve month high of $34.47. The firm's 50-day simple moving average is $19.88.

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

Analyst Ratings Changes

Several research firms have recently commented on AMTM. Cantor Fitzgerald raised shares of Amentum to a "hold" rating in a research note on Tuesday, February 25th. Royal Bank of Canada reissued a "sector perform" rating and issued a $24.00 price target on shares of Amentum in a research report on Thursday, February 6th. Finally, The Goldman Sachs Group began coverage on Amentum in a research report on Thursday, March 20th. They set a "neutral" rating and a $21.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $26.20.

Amentum Company 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.