XTX Topco Ltd Boosts Stock Position in Amentum Holdings, Inc. (NYSE:AMTM)

XTX Topco Ltd grew its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 1,118.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,065 shares of the company's stock after buying an additional 82,673 shares during the quarter. XTX Topco Ltd's holdings in Amentum were worth $1,894,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Invesco Ltd. raised its stake in shares of Amentum by 77.6% during the fourth quarter. Invesco Ltd. now owns 13,856,239 shares of the company's stock valued at $291,397,000 after acquiring an additional 6,055,638 shares during the last quarter. Cooper Creek Partners Management LLC raised its position in Amentum by 396.3% during the 4th quarter. Cooper Creek Partners Management LLC now owns 4,157,034 shares of the company's stock valued at $87,422,000 after purchasing an additional 3,319,364 shares during the last quarter. Geode Capital Management LLC purchased a new stake in Amentum in the 3rd quarter worth approximately $101,022,000. Vanguard Group Inc. grew its position in shares of Amentum by 18.0% in the 4th quarter. Vanguard Group Inc. now owns 16,542,447 shares of the company's stock worth $347,888,000 after buying an additional 2,529,173 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its stake in shares of Amentum by 469.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,948,684 shares of the company's stock valued at $40,981,000 after buying an additional 1,606,442 shares during the period. Hedge funds and other institutional investors own 39.93% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. BTIG Research started coverage on shares of Amentum in a research report on Tuesday. They set a "buy" rating and a $30.00 price objective on the stock. Royal Bank of Canada reissued a "sector perform" rating and issued a $24.00 price target on shares of Amentum in a research note on Thursday, February 6th. Truist Financial cut their price objective on Amentum from $31.00 to $24.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Cantor Fitzgerald raised Amentum to a "hold" rating in a research report on Tuesday, February 25th. Finally, Morgan Stanley initiated coverage on Amentum in a research note on Wednesday. They issued an "underweight" rating and a $19.00 price target on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $24.71.

Insider Transactions at Amentum

In other news, Director Barbara Loughran bought 4,600 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of $21.23 per share, with a total value of $97,658.00. Following the completion of the transaction, the director now owns 4,600 shares of the company's stock, valued at approximately $97,658. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Steven J. Demetriou purchased 100,000 shares of Amentum stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average cost of $20.81 per share, with a total value 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. The trade was a 19.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 18.67% of the company's stock.

Amentum Trading Up 0.2 %

Amentum stock traded up $0.05 during mid-day trading on Friday, hitting $18.75. The company had a trading volume of 1,572,004 shares, compared to its average volume of 2,874,487. Amentum Holdings, Inc. has a 12 month low of $16.01 and a 12 month high of $34.47. The business has a 50 day simple moving average of $18.81. 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 earnings results on Tuesday, February 4th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.45 by $0.06. As a group, equities analysts predict that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.

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.