Amentum (NYSE:AMTM) Announces Earnings Results

Amentum (NYSE:AMTM) released its quarterly earnings data on Monday. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02, FiscalAI reports. The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.47 billion. Amentum had a net margin of 1.04% and a return on equity of 11.79%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 EPS. Amentum updated its FY 2026 guidance to 2.250-2.450 EPS.

Amentum Stock Performance

AMTM traded down $1.22 on Wednesday, reaching $23.09. The stock had a trading volume of 1,186,865 shares, compared to its average volume of 2,041,920. The business’s 50-day moving average price is $27.08 and its two-hundred day moving average price is $28.58. The company has a market cap of $5.63 billion, a P/E ratio of 38.63, a price-to-earnings-growth ratio of 0.70 and a beta of 0.43. Amentum has a 12-month low of $19.11 and a 12-month high of $38.11. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.84.

Analyst Ratings Changes

A number of research firms recently issued reports on AMTM. Weiss Ratings downgraded shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. BTIG Research reiterated a “buy” rating and set a $35.00 price objective on shares of Amentum in a research note on Wednesday, February 11th. Royal Bank Of Canada lowered their target price on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Citizens Jmp reaffirmed a “market outperform” rating and set a $40.00 target price on shares of Amentum in a report on Monday, April 13th. Finally, Truist Financial reiterated a “buy” rating and set a $35.00 price target (down from $42.00) on shares of Amentum in a research report on Tuesday. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $33.18.

Hedge Funds Weigh In On Amentum

Institutional investors and hedge funds have recently modified their holdings of the business. Los Angeles Capital Management LLC acquired a new position in Amentum in the 4th quarter worth about $26,000. Smartleaf Asset Management LLC grew its holdings 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 period. Riggs Asset Managment Co. Inc. purchased a new stake in shares of Amentum in the second quarter valued at approximately $46,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Amentum in the fourth quarter valued at approximately $48,000. Finally, HM Payson & Co. raised its stake in shares of Amentum by 58.3% during the 4th quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock worth $56,000 after buying an additional 715 shares during the period. Hedge funds and other institutional investors own 39.93% of the company’s stock.

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.