Brokerages Set Amentum Holdings, Inc. (NYSE:AMTM) Target Price at $34.91

Amentum Holdings, Inc. (NYSE:AMTM) has been given a consensus rating of “Hold” by the thirteen brokerages that are presently covering the company, MarketBeat reports. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $34.9091.

AMTM has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. Royal Bank Of Canada boosted their price objective on Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 11th. Bank of America boosted their price objective on Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, December 31st. UBS Group boosted their price objective on Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Finally, Truist Financial boosted their target price on shares of Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of AMTM. Los Angeles Capital Management LLC acquired a new position in shares of Amentum during the 4th quarter valued at $26,000. Blue Trust Inc. lifted its position in shares of Amentum by 116.5% during the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock valued at $29,000 after acquiring an additional 648 shares during the period. Mather Group LLC. acquired a new position in Amentum during the 3rd quarter worth approximately $32,000. Financial Consulate Inc. acquired a new position in Amentum during the 4th quarter worth approximately $38,000. Finally, Sound Income Strategies LLC raised its stake in Amentum by 45.3% during the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after buying an additional 425 shares during the period. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Stock Down 0.0%

Shares of NYSE AMTM opened at $27.04 on Tuesday. The company has a market capitalization of $6.59 billion, a P/E ratio of 67.59, a price-to-earnings-growth ratio of 0.79 and a beta of 0.59. Amentum has a 52-week low of $16.01 and a 52-week high of $38.11. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. The company’s 50 day moving average price is $30.29 and its 200-day moving average price is $28.13.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The firm had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.32 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The business’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. Equities analysts forecast that Amentum will post 2.1 earnings per share for the current year.

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.