CSM Advisors LLC Decreases Stock Position in Amentum Holdings, Inc. $AMTM

CSM Advisors LLC decreased its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 68.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 202,807 shares of the company’s stock after selling 430,241 shares during the period. CSM Advisors LLC’s holdings in Amentum were worth $4,855,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. IFM Investors Pty Ltd acquired a new position in shares of Amentum during the first quarter worth about $411,000. Bank of Montreal Can raised its holdings in Amentum by 14.7% in the second quarter. Bank of Montreal Can now owns 40,669 shares of the company’s stock valued at $960,000 after acquiring an additional 5,210 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Amentum by 14.2% in the second quarter. Bank of New York Mellon Corp now owns 868,206 shares of the company’s stock valued at $20,498,000 after acquiring an additional 107,697 shares in the last quarter. Allworth Financial LP grew its holdings in Amentum by 24.1% during the 2nd quarter. Allworth Financial LP now owns 10,256 shares of the company’s stock worth $242,000 after acquiring an additional 1,990 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Amentum by 9.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,513,161 shares of the company’s stock worth $59,352,000 after acquiring an additional 213,164 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Stock Down 0.2%

Shares of NYSE:AMTM opened at $27.94 on Monday. The firm has a 50 day simple moving average of $32.59 and a 200-day simple moving average of $27.81. Amentum Holdings, Inc. has a twelve month low of $16.01 and a twelve 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. The company has a market capitalization of $6.82 billion, a PE ratio of 69.85, a P/E/G ratio of 0.82 and a beta of 0.25.

Amentum (NYSE:AMTM) last posted its earnings results on Monday, February 9th. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The firm had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.32 billion. The firm’s revenue for the quarter was down 5.2% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities analysts predict that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley upgraded shares of Amentum from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $20.00 to $35.00 in a report on Wednesday, November 26th. Citizens Jmp increased their target price on Amentum from $35.00 to $40.00 and gave the company a “market outperform” rating in a report on Monday, January 12th. UBS Group raised their price target on Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Wall Street Zen raised Amentum from a “hold” rating to a “buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. upped their price objective on Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Amentum currently has an average rating of “Hold” and a consensus target price of $34.91.

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.