ExodusPoint Capital Management LP Acquires 1,077,998 Shares of Amentum Holdings, Inc. $AMTM

ExodusPoint Capital Management LP boosted its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 1,015.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,184,186 shares of the company’s stock after acquiring an additional 1,077,998 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Amentum were worth $34,341,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new position in Amentum in the 4th quarter valued at about $26,000. Financial Consulate Inc. bought a new position in Amentum in the 4th quarter valued at about $38,000. Sound Income Strategies LLC lifted its position in Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after acquiring an additional 425 shares in the last quarter. Salomon & Ludwin LLC lifted its position in Amentum by 98.6% in the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after acquiring an additional 648 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Amentum by 433.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after buying an additional 1,474 shares in the last quarter. Institutional investors own 39.93% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. BNP Paribas Exane assumed coverage on shares of Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 target price on the stock. Royal Bank Of Canada dropped their target price on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 13th. Morgan Stanley assumed coverage on shares of Amentum in a research report on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Finally, Weiss Ratings raised shares of Amentum from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $32.00.

Amentum Stock Down 1.2%

Amentum stock opened at $22.16 on Wednesday. Amentum Holdings, Inc. has a 1-year low of $21.11 and a 1-year high of $38.11. The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 36.93, a P/E/G ratio of 0.65 and a beta of 0.27. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. The firm has a 50 day simple moving average of $24.62 and a 200 day simple moving average of $28.53.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.47 billion. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts predict that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

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.