Everett Harris & Co. CA Sells 21,325 Shares of Amentum Holdings, Inc. $AMTM

Everett Harris & Co. CA lessened its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 67.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,085 shares of the company’s stock after selling 21,325 shares during the period. Everett Harris & Co. CA’s holdings in Amentum were worth $238,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMTM. Wesbanco Bank Inc. lifted its position in shares of Amentum by 1.7% during the 2nd quarter. Wesbanco Bank Inc. now owns 24,466 shares of the company’s stock valued at $578,000 after buying an additional 416 shares in the last quarter. UMB Bank n.a. increased its holdings in Amentum by 11.6% in the 2nd quarter. UMB Bank n.a. now owns 4,121 shares of the company’s stock worth $97,000 after acquiring an additional 430 shares in the last quarter. Signaturefd LLC raised its stake in Amentum by 27.0% during the 2nd quarter. Signaturefd LLC now owns 2,241 shares of the company’s stock worth $53,000 after acquiring an additional 477 shares during the period. Teacher Retirement System of Texas lifted its holdings in Amentum by 1.1% during the second quarter. Teacher Retirement System of Texas now owns 64,845 shares of the company’s stock valued at $1,531,000 after purchasing an additional 675 shares in the last quarter. Finally, Intrinsic Value Partners LLC lifted its holdings in Amentum by 5.0% during the second quarter. Intrinsic Value Partners LLC now owns 16,679 shares of the company’s stock valued at $394,000 after purchasing an additional 791 shares in the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Amentum in a research note on Wednesday, October 8th. Morgan Stanley increased their price target on Amentum from $19.00 to $20.00 and gave the stock an “underweight” rating in a research note on Thursday, September 18th. JPMorgan Chase & Co. began coverage on Amentum in a research report on Thursday, October 9th. They issued a “neutral” rating and a $30.00 price objective on the stock. Truist Financial increased their target price on Amentum from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Finally, The Goldman Sachs Group lifted their target price on Amentum from $21.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $28.55.

Amentum Stock Performance

NYSE:AMTM opened at $23.02 on Thursday. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 59.02, a PEG ratio of 0.76 and a beta of 0.23. Amentum Holdings, Inc. has a 1 year low of $16.01 and a 1 year high of $31.49. The stock’s 50 day simple moving average is $23.16 and its two-hundred day simple moving average is $23.28. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.58 and a quick ratio of 1.58.

About Amentum

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.