50,400 Shares in Amentum Holdings, Inc. $AMTM Bought by Steadtrust LLC

Steadtrust LLC purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 50,400 shares of the company’s stock, valued at approximately $1,462,000. Amentum makes up approximately 0.9% of Steadtrust LLC’s portfolio, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMTM. Blue Trust Inc. boosted its stake in shares of 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 last quarter. Mather Group LLC. purchased a new position in Amentum in the third quarter valued at approximately $32,000. Sound Income Strategies LLC lifted its stake in Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 425 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Amentum by 433.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after purchasing an additional 1,474 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new position in Amentum in the third quarter valued at approximately $45,000. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Amentum Stock Down 1.6%

Shares of NYSE:AMTM opened at $26.63 on Wednesday. The stock’s 50-day moving average price is $30.11 and its 200-day moving average price is $28.16. Amentum Holdings, Inc. has a 12-month low of $16.01 and a 12-month high of $38.11. The stock has a market capitalization of $6.50 billion, a P/E ratio of 66.58, a price-to-earnings-growth ratio of 0.79 and a beta of 0.59. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.84.

Amentum (NYSE:AMTM) last posted its earnings results on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The company had revenue of $3.24 billion during 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 firm’s quarterly revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities analysts anticipate that Amentum Holdings, Inc. will post 2.1 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMTM. Royal Bank Of Canada boosted their target price on shares of Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Bank of America boosted their target price on shares of Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, December 31st. Citigroup reaffirmed an “outperform” rating on shares of Amentum in a report on Monday, January 12th. Citizens Jmp upped their price target on shares of Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a report on Monday, January 12th. Finally, UBS Group upped their price target on shares of Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $34.91.

Amentum Company 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.