Shares of Amentum Holdings, Inc. (NYSE:AMTM – Get Free Report) have been given a consensus recommendation of “Hold” by the fourteen analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $32.00.
A number of brokerages have weighed in on AMTM. JPMorgan Chase & Co. decreased their target price on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Morgan Stanley began coverage on Amentum in a research note on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 price target for the company. BTIG Research restated a “buy” rating and set a $35.00 price target on shares of Amentum in a research note on Thursday, May 14th. Finally, Citizens Jmp restated a “market outperform” rating and set a $40.00 price target on shares of Amentum in a research note on Monday, April 13th.
View Our Latest Analysis on AMTM
Amentum Price Performance
Amentum (NYSE:AMTM – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.47 billion. During the same quarter in the previous year, the firm earned $0.53 EPS. Amentum’s quarterly revenue was down .4% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts predict that Amentum will post 2.36 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Amentum
Large investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new stake in shares of Amentum during the 4th quarter valued at about $26,000. Western Wealth Management LLC bought a new stake in shares of Amentum during the 1st quarter valued at about $33,000. Financial Consulate Inc. bought a new stake in shares of Amentum during the 4th quarter valued at about $38,000. Salomon & Ludwin LLC grew its stake in shares of Amentum by 98.6% during the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after purchasing an additional 648 shares during the period. Finally, NFSG Corp bought a new stake in shares of Amentum during the 1st quarter valued at about $35,000. 39.93% of the stock is currently owned by 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.
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