Amentum Holdings, Inc. $AMTM Shares Acquired by Country Club Bank

Country Club Bank boosted its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 83.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 172,318 shares of the company’s stock after buying an additional 78,566 shares during the quarter. Country Club Bank owned 0.07% of Amentum worth $4,041,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AMTM. Quarry LP bought a new stake in shares of Amentum during the 1st quarter worth $30,000. Signaturefd LLC boosted its position in shares of Amentum by 108.0% in the 1st quarter. Signaturefd LLC now owns 1,764 shares of the company’s stock valued at $32,000 after purchasing an additional 916 shares during the period. FNY Investment Advisers LLC increased its stake in Amentum by 380.0% in the 1st quarter. FNY Investment Advisers LLC now owns 2,400 shares of the company’s stock worth $43,000 after purchasing an additional 1,900 shares in the last quarter. GAMMA Investing LLC raised its holdings in Amentum by 78.8% during the 1st quarter. GAMMA Investing LLC now owns 3,137 shares of the company’s stock worth $57,000 after buying an additional 1,383 shares during the period. Finally, UMB Bank n.a. lifted its stake in Amentum by 11.6% during the second quarter. UMB Bank n.a. now owns 4,121 shares of the company’s stock valued at $97,000 after buying an additional 430 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Price Performance

Shares of NYSE:AMTM opened at $26.28 on Tuesday. The firm has a market cap of $6.39 billion and a price-to-earnings ratio of 67.39. Amentum Holdings, Inc. has a 1 year low of $16.01 and a 1 year high of $34.47. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. The business has a fifty day simple moving average of $24.37 and a 200 day simple moving average of $22.46.

Amentum (NYSE:AMTM) last issued its earnings results on Tuesday, August 5th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.03. The company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $3.51 billion. Amentum had a return on equity of 10.90% and a net margin of 0.41%.Amentum’s revenue was up 66.2% on a year-over-year basis. Amentum has set its FY 2025 guidance at 2.050-2.200 EPS. As a group, sell-side analysts predict that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AMTM shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Amentum in a research report on Saturday, September 27th. JMP Securities reiterated a “market outperform” rating and set a $30.00 price objective on shares of Amentum in a research report on Monday, August 18th. Truist Financial increased their target price on Amentum from $24.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Morgan Stanley raised their target price on Amentum from $19.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, September 18th. Finally, The Goldman Sachs Group upped their price target on Amentum from $21.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Amentum currently has an average rating of “Hold” and an average target price of $28.40.

Amentum Company Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.