Amentum (NYSE:AMTM) Updates FY 2026 Earnings Guidance

Amentum (NYSE:AMTM) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.250-2.450 for the period, compared to the consensus estimate of 2.390. The company issued revenue guidance of $14.0 billion-$14.3 billion, compared to the consensus revenue estimate of $14.1 billion.

Amentum Price Performance

AMTM stock traded down $0.59 during trading on Monday, reaching $23.94. 5,086,049 shares of the company were exchanged, compared to its average volume of 2,028,905. The company has a 50-day moving average of $27.42 and a two-hundred day moving average of $28.55. The company has a market capitalization of $5.84 billion, a price-to-earnings ratio of 59.86, a P/E/G ratio of 0.72 and a beta of 0.43. Amentum has a twelve month low of $19.11 and a twelve month high of $38.11. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42.

Amentum (NYSE:AMTM) last released its quarterly earnings data on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts predict that Amentum will post 2.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Citizens Jmp reissued a “market outperform” rating and set a $40.00 target price on shares of Amentum in a report on Monday, April 13th. Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. Wall Street Zen cut Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Citigroup reiterated an “outperform” rating on shares of Amentum in a research report on Monday, January 12th. Finally, Royal Bank Of Canada upped their price target on shares of Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amentum has an average rating of “Hold” and an average price target of $34.91.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMTM. Invesco Ltd. grew its position in Amentum by 13.0% in the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after acquiring an additional 2,539,594 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Amentum in the second quarter valued at about $32,576,000. AQR Capital Management LLC increased its position in shares of Amentum by 778.9% in the fourth quarter. AQR Capital Management LLC now owns 1,452,049 shares of the company’s stock valued at $42,109,000 after acquiring an additional 1,286,844 shares during the period. Verition Fund Management LLC increased its position in shares of Amentum by 1,128.0% in the third quarter. Verition Fund Management LLC now owns 1,135,626 shares of the company’s stock valued at $27,198,000 after acquiring an additional 1,043,145 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Amentum by 40.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,832,926 shares of the company’s stock valued at $53,157,000 after purchasing an additional 526,875 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Company Profile

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.