Shares of Amentum Holdings, Inc. (NYSE:AMTM – Get Free Report) have received a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $34.9091.
AMTM has been the subject of a number of research reports. Truist Financial lifted their price objective on shares of Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Wall Street Zen cut shares of Amentum from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 14th. Citizens Jmp raised their price target on shares of Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Amentum in a report on Monday, December 29th. Finally, UBS Group boosted their price objective on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th.
Check Out Our Latest Analysis on Amentum
Amentum Trading Up 0.5%
Amentum (NYSE:AMTM – Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The business had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.32 billion. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The firm’s revenue for the quarter was down 5.2% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts predict that Amentum will post 2.1 EPS for the current year.
Hedge Funds Weigh In On Amentum
Several institutional investors have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Amentum during the 4th quarter worth approximately $453,000. Mackenzie Financial Corp acquired a new position in Amentum during the 4th quarter valued at approximately $453,000. Utah Retirement Systems acquired a new position in Amentum during the 4th quarter valued at approximately $242,000. Symmetry Investments LP bought a new position in Amentum during the 4th quarter worth $290,000. Finally, Susquehanna Fundamental Investments LLC grew its stake in Amentum by 304.8% during the 4th quarter. Susquehanna Fundamental Investments LLC now owns 219,931 shares of the company’s stock worth $6,378,000 after buying an additional 165,594 shares during the last quarter. 39.93% of the stock is owned by institutional investors.
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.
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