Shares of Amentum Holdings, Inc. (NYSE:AMTM – Get Free Report) have been given an average rating of “Hold” by the thirteen ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $29.18.
A number of brokerages have recently commented on AMTM. UBS Group lifted their price target on shares of Amentum from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Zacks Research cut shares of Amentum from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Royal Bank Of Canada cut their target price on shares of Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 12th. Wall Street Zen raised shares of Amentum from a “hold” rating to a “buy” rating in a research report on Sunday, September 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a research note on Monday, August 17th.
Check Out Our Latest Report on AMTM
Amentum Trading Down 3.6%
Amentum (NYSE:AMTM – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. Amentum had a return on equity of 12.19% and a net margin of 1.44%.Amentum’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period last year, the company earned $0.56 EPS. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Sell-side analysts expect that Amentum will post 2.38 earnings per share for the current year.
Institutional Trading of Amentum
A number of hedge funds have recently bought and sold shares of AMTM. Global Retirement Partners LLC purchased a new position in Amentum in the second quarter worth about $31,000. Western Wealth Management LLC bought a new stake in shares of Amentum during the 1st quarter valued at about $33,000. NFSG Corp purchased a new stake in shares of Amentum during the 1st quarter valued at about $35,000. Nykredit A S purchased a new stake in shares of Amentum during the 2nd quarter valued at about $37,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Amentum in the 2nd quarter worth approximately $50,000. Hedge funds and other institutional investors own 39.93% of the company’s stock.
Amentum Company Profile
Amentum (NYSE: AMTM) is a global engineering and technical services company that provides mission support to government and commercial customers. Its capabilities include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, intelligence analysis, and professional services.
The company supports customers across the defense, intelligence, space, civilian government, energy, environmental, and industrial markets. Its work includes maintaining and modernizing critical infrastructure and complex platforms, supporting national security missions, managing nuclear and environmental programs, and providing technical services for space and other advanced technology programs.
Amentum was established through the combination of Amentum and Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, which was completed in 2024.
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