Amentum (NYSE:AMTM) Posts Earnings Results, Beats Expectations By $0.06 EPS

Amentum (NYSE:AMTM) issued its earnings results on Monday. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06, FiscalAI reports. Amentum had a net margin of 1.44% and a return on equity of 12.27%. The firm had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.57 billion. During the same quarter last year, the company posted $0.56 earnings per share. The firm’s revenue was down 2.0% compared to the same quarter last year. Amentum updated its FY 2026 guidance to 2.400-2.500 EPS.

Amentum Stock Performance

AMTM opened at $22.42 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The company has a market cap of $5.48 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 0.71 and a beta of 0.30. Amentum has a 52-week low of $19.80 and a 52-week high of $38.11. The firm’s fifty day simple moving average is $21.86 and its two-hundred day simple moving average is $26.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC purchased a new stake in shares of Amentum during the fourth quarter worth $26,000. Smartleaf Asset Management LLC grew its stake in Amentum by 433.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after acquiring an additional 1,474 shares in the last quarter. Riggs Asset Managment Co. Inc. purchased a new stake in Amentum during the 2nd quarter valued at about $46,000. Atlas Capital Advisors Inc. acquired a new stake in Amentum in the 4th quarter valued at about $48,000. Finally, HM Payson & Co. lifted its stake in Amentum by 58.3% in the 4th quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock worth $56,000 after purchasing an additional 715 shares in the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMTM has been the subject of several analyst reports. Truist Financial reissued 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. Royal Bank Of Canada dropped their target price on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. Bank of America reduced their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Zacks Research upgraded Amentum from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, Wall Street Zen cut shares of Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $31.08.

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.