Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of 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 82,096 shares of the company's stock, valued at approximately $2,427,000.
A number of other institutional investors also recently modified their holdings of AMTM. Arrow Financial Corp acquired a new stake in Amentum in the third quarter valued at approximately $26,000. US Bancorp DE bought a new stake in Amentum during the 3rd quarter worth $30,000. Signaturefd LLC acquired a new position in Amentum in the 3rd quarter worth about $33,000. HM Payson & Co. bought a new position in Amentum in the third quarter valued at about $38,000. Finally, Studio Investment Management LLC acquired a new stake in shares of Amentum during the third quarter valued at about $42,000.
Amentum Stock Performance
Shares of AMTM traded up $0.12 during mid-day trading on Wednesday, reaching $24.39. 468,125 shares of the company were exchanged, compared to its average volume of 2,526,397. Amentum Holdings, Inc. has a 52 week low of $21.24 and a 52 week high of $34.50.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on AMTM. Truist Financial initiated coverage on Amentum in a research note on Monday, October 14th. They issued a "buy" rating and a $31.00 price objective for the company. Raymond James began coverage on shares of Amentum in a report on Thursday, November 21st. They set an "outperform" rating and a $30.00 price target on the stock.
Check Out Our Latest Stock Analysis on AMTM
Amentum Company Profile
(
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.
Further Reading
Before you consider Amentum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amentum wasn't on the list.
While Amentum currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
