Brightline Capital Management LLC Purchases 200,000 Shares of Amentum Holdings, Inc. $AMTM

Brightline Capital Management LLC grew its position in Amentum Holdings, Inc. (NYSE:AMTM) by 20.0% during the third quarter, HoldingsChannel reports. The firm owned 1,200,000 shares of the company’s stock after buying an additional 200,000 shares during the period. Amentum comprises approximately 11.8% of Brightline Capital Management LLC’s portfolio, making the stock its 3rd largest holding. Brightline Capital Management LLC’s holdings in Amentum were worth $28,740,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Intact Investment Management Inc. raised its stake in Amentum by 6.1% during the second quarter. Intact Investment Management Inc. now owns 7,319 shares of the company’s stock worth $173,000 after buying an additional 419 shares during the last quarter. MAI Capital Management boosted its position in Amentum by 12.3% during the second quarter. MAI Capital Management now owns 4,259 shares of the company’s stock valued at $101,000 after acquiring an additional 468 shares during the last quarter. GAMMA Investing LLC boosted its position in Amentum by 13.0% during the third quarter. GAMMA Investing LLC now owns 5,021 shares of the company’s stock valued at $120,000 after acquiring an additional 578 shares during the last quarter. Paragon Capital Management LLC grew its holdings in Amentum by 1.3% during the 2nd quarter. Paragon Capital Management LLC now owns 48,710 shares of the company’s stock worth $1,150,000 after acquiring an additional 638 shares during the period. Finally, Blue Trust Inc. raised its position 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 acquiring an additional 648 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AMTM shares. Citizens Jmp boosted their price objective on Amentum from $35.00 to $40.00 and gave the company a “market outperform” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Amentum in a report on Monday, December 29th. BTIG Research reissued a “buy” rating and issued a $35.00 price target on shares of Amentum in a research note on Wednesday, February 11th. Bank of America raised their price objective on shares of Amentum from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 31st. Finally, Citigroup reiterated an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Amentum presently has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Trading Down 5.2%

Shares of Amentum stock opened at $28.74 on Wednesday. The stock has a market capitalization of $7.01 billion, a PE ratio of 71.85, a price-to-earnings-growth ratio of 0.89 and a beta of 0.23. Amentum Holdings, Inc. has a 52 week low of $16.01 and a 52 week high of $38.11. The stock has a 50 day moving average price of $32.68 and a two-hundred day moving average price of $27.75. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42.

Amentum (NYSE:AMTM) last issued 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. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. The firm’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. As a group, equities analysts anticipate that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.

About Amentum

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.