Aristotle Capital Boston LLC Sells 50,276 Shares of Amentum Holdings, Inc. $AMTM

Aristotle Capital Boston LLC decreased its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 12.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 358,867 shares of the company’s stock after selling 50,276 shares during the period. Aristotle Capital Boston LLC’s holdings in Amentum were worth $10,407,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of AMTM. Legacy Advisors LLC bought a new stake in shares of Amentum during the 4th quarter worth about $284,614,000. Focus Partners Wealth boosted its holdings in shares of Amentum by 8,467.6% during the 4th quarter. Focus Partners Wealth now owns 2,794,417 shares of the company’s stock worth $81,038,000 after buying an additional 2,761,801 shares during the period. Invesco Ltd. boosted its holdings in shares of Amentum by 13.0% during the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after buying an additional 2,539,594 shares during the period. Norges Bank bought a new stake in shares of Amentum during the 4th quarter worth about $66,529,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Amentum during the 2nd quarter worth about $32,576,000. Institutional investors own 39.93% of the company’s stock.

Analyst Ratings Changes

AMTM has been the subject of several recent research reports. Royal Bank Of Canada reduced their price target on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 13th. Truist Financial restated a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a research note on Tuesday, May 12th. Citizens Jmp restated a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a research note on Monday, April 13th. Weiss Ratings upgraded Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. reduced their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $32.00.

Amentum Stock Performance

AMTM opened at $21.47 on Thursday. The business has a fifty day simple moving average of $24.51 and a 200 day simple moving average of $28.47. The company has a market capitalization of $5.24 billion, a PE ratio of 35.78, a price-to-earnings-growth ratio of 0.65 and a beta of 0.27. Amentum Holdings, Inc. has a 1 year low of $21.11 and a 1 year high of $38.11. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts expect that Amentum Holdings, Inc. will post 2.36 EPS for the current year.

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.