Bryn Mawr Trust Advisors LLC Takes $2.92 Million Position in Amentum Holdings, Inc. $AMTM

Bryn Mawr Trust Advisors LLC bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 141,443 shares of the company’s stock, valued at approximately $2,924,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Invesco Ltd. grew its stake in Amentum by 13.0% in the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock valued at $529,698,000 after buying an additional 2,539,594 shares during the last quarter. Primecap Management Co. CA raised its holdings in Amentum by 1.7% in the 4th quarter. Primecap Management Co. CA now owns 12,126,927 shares of the company’s stock valued at $351,681,000 after acquiring an additional 208,341 shares during the period. Legacy Advisors LLC acquired a new stake in Amentum during the fourth quarter worth approximately $284,614,000. State Street Corp lifted its position in Amentum by 7.6% during the second quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after acquiring an additional 501,898 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Amentum by 106.6% during the first quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company’s stock worth $98,767,000 after acquiring an additional 1,954,494 shares during the period. Institutional investors own 39.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. BTIG Research decreased their target price on Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. Morgan Stanley set a $24.00 price target on Amentum in a research note on Tuesday. Truist Financial reaffirmed a “buy” rating and issued a $35.00 price objective (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Finally, BNP Paribas Exane initiated coverage on Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.18.

Amentum Stock Performance

Shares of NYSE:AMTM opened at $21.49 on Friday. Amentum Holdings, Inc. has a 12-month low of $19.80 and a 12-month high of $38.11. The company’s 50 day moving average price is $21.79 and its two-hundred day moving average price is $25.78. The firm has a market cap of $5.25 billion, a PE ratio of 25.89, a PEG ratio of 0.63 and a beta of 0.30. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 0.79.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Equities research analysts predict that Amentum Holdings, Inc. will post 2.36 earnings per share for the current 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.