Intrinsic Value Partners LLC Has $394,000 Stake in Amentum Holdings, Inc. $AMTM

Intrinsic Value Partners LLC increased its position in Amentum Holdings, Inc. (NYSE:AMTM) by 5.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,679 shares of the company’s stock after purchasing an additional 791 shares during the period. Intrinsic Value Partners LLC’s holdings in Amentum were worth $394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wesbanco Bank Inc. lifted its position in Amentum by 1.7% in the 2nd quarter. Wesbanco Bank Inc. now owns 24,466 shares of the company’s stock worth $578,000 after buying an additional 416 shares in the last quarter. UMB Bank n.a. lifted its position 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 buying an additional 430 shares in the last quarter. Signaturefd LLC lifted its position in Amentum by 27.0% in the 2nd quarter. Signaturefd LLC now owns 2,241 shares of the company’s stock worth $53,000 after buying an additional 477 shares in the last quarter. Truist Financial Corp lifted its position in Amentum by 3.7% in the 2nd quarter. Truist Financial Corp now owns 22,516 shares of the company’s stock worth $532,000 after buying an additional 794 shares in the last quarter. Finally, Cahaba Wealth Management Inc. lifted its position in Amentum by 6.1% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 14,472 shares of the company’s stock worth $342,000 after buying an additional 829 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Stock Up 3.1%

Amentum stock opened at $25.93 on Friday. The company has a market capitalization of $6.31 billion and a P/E ratio of 66.48. The firm’s fifty day simple moving average is $24.35 and its 200-day simple moving average is $22.35. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. Amentum Holdings, Inc. has a 1-year low of $16.01 and a 1-year high of $34.47.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $3.51 billion. Amentum had a net margin of 0.41% and a return on equity of 10.90%. The business’s quarterly revenue was up 66.2% compared to the same quarter last year. Amentum has set its FY 2025 guidance at 2.050-2.200 EPS. Sell-side analysts forecast that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AMTM. Weiss Ratings reiterated a “sell (d+)” rating on shares of Amentum in a research report on Saturday, September 27th. Raymond James Financial reiterated an “outperform” rating and issued a $30.00 target price on shares of Amentum in a research report on Monday, August 18th. Bank of America increased their target price on shares of Amentum from $26.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 13th. Morgan Stanley increased their target price on shares of Amentum from $19.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, September 18th. Finally, Truist Financial raised their price target on shares of Amentum from $24.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $28.40.

Amentum Company Profile

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.