116,311 Amentum Holdings, Inc. $AMTM Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its stake in Amentum Holdings, Inc. (NYSE:AMTM) by 81.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,663 shares of the company’s stock after selling 116,311 shares during the period. Oppenheimer & Co. Inc.’s holdings in Amentum were worth $483,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Security National Bank of Sioux City Iowa IA lifted its position in Amentum by 31.3% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company’s stock valued at $482,000 after purchasing an additional 5,565 shares in the last quarter. WINTON GROUP Ltd grew its holdings in Amentum by 5.2% during the second quarter. WINTON GROUP Ltd now owns 58,393 shares of the company’s stock valued at $1,207,000 after purchasing an additional 2,893 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Amentum during the second quarter valued at about $50,000. Mraz Amerine & Associates Inc. increased its position in Amentum by 25.3% in the second quarter. Mraz Amerine & Associates Inc. now owns 90,200 shares of the company’s stock worth $1,864,000 after buying an additional 18,215 shares in the last quarter. Finally, Nykredit A S purchased a new stake in Amentum in the second quarter worth about $37,000. 39.93% of the stock is owned by institutional investors.

Amentum Stock Performance

NYSE:AMTM opened at $21.31 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79. Amentum Holdings, Inc. has a 12-month low of $17.72 and a 12-month high of $38.11. The stock has a 50-day moving average price of $19.94 and a 200 day moving average price of $24.32. The stock has a market capitalization of $5.21 billion, a P/E ratio of 9.54, a P/E/G ratio of 0.60 and a beta of 0.15.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Amentum had a return on equity of 12.19% and a net margin of 1.44%. The company had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.57 billion. During the same period in the previous year, the firm earned $0.56 EPS. The firm’s revenue was down 2.0% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Equities research analysts forecast that Amentum Holdings, Inc. will post 2.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMTM has been the topic of several recent research reports. Royal Bank Of Canada decreased their price objective on Amentum from $26.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 28th. Morgan Stanley set a $24.00 price objective on Amentum in a research note on Tuesday, August 11th. BNP Paribas Exane raised shares of Amentum from an “underperform” rating to a “neutral” rating and reduced their target price for the stock from $21.00 to $20.00 in a report on Tuesday, October 6th. The Goldman Sachs Group set a $24.00 target price on shares of Amentum in a report on Thursday, August 20th. Finally, Wall Street Zen downgraded shares of Amentum from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Five analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amentum presently has an average rating of “Hold” and a consensus target price of $28.91.

About Amentum

Amentum (NYSE: AMTM) is a government-focused engineering and technical services company that supports national security, defense, space, intelligence, energy and environmental missions. Its services include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, scientific research and testing, and mission support.

The company serves government customers in the United States and internationally, supporting complex programs and critical infrastructure across areas such as defense, nuclear security, aerospace, civil engineering and environmental remediation.