CenterBook Partners LP Purchases 182,741 Shares of Amentum Holdings, Inc. $AMTM

CenterBook Partners LP raised its position in Amentum Holdings, Inc. (NYSE:AMTM) by 145.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 308,081 shares of the company’s stock after purchasing an additional 182,741 shares during the quarter. CenterBook Partners LP owned 0.13% of Amentum worth $7,379,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of AMTM. Atlantic Union Bankshares Corp purchased a new stake in shares of Amentum in the second quarter worth approximately $25,000. Blue Trust Inc. increased its stake in Amentum by 116.5% in the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after buying an additional 648 shares during the period. Mather Group LLC. bought a new stake in Amentum during the 3rd quarter valued at about $32,000. Caitong International Asset Management Co. Ltd boosted its position in Amentum by 1,517.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,520 shares of the company’s stock valued at $36,000 after buying an additional 1,426 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after acquiring an additional 1,474 shares in the last quarter. Institutional investors own 39.93% of the company’s stock.

Amentum Stock Performance

Shares of Amentum stock opened at $30.02 on Wednesday. The company has a 50 day moving average price of $32.41 and a 200 day moving average price of $27.20. The firm has a market capitalization of $7.32 billion, a P/E ratio of 75.05, a PEG ratio of 0.91 and a beta of 0.01. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. Amentum Holdings, Inc. has a 52 week low of $16.01 and a 52 week high of $38.11.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The company’s revenue was down 5.2% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts expect that Amentum Holdings, Inc. will post 2.1 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on AMTM shares. Citizens Jmp increased their price objective on Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a research note on Monday, January 12th. Morgan Stanley raised shares of Amentum from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $20.00 to $35.00 in a research note on Wednesday, November 26th. Cantor Fitzgerald increased their price objective on shares of Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Truist Financial boosted their price objective on shares of Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Royal Bank Of Canada lifted their price target on Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $34.91.

Amentum Profile

Amentum is a government services provider specializing in mission-critical solutions for defense, federal civilian and commercial customers around the globe. The company delivers integrated services that span the full lifecycle of complex programs and facilities, including engineering, program and project management, logistics, operations, maintenance and environmental remediation.

Core offerings include infrastructure support, energy and facilities management, environmental solutions and nuclear services.