Royal Bank Of Canada Lowers Amentum (NYSE:AMTM) Price Target to $26.00

Amentum (NYSE:AMTM) had its price target dropped by equities research analysts at Royal Bank Of Canada from $28.00 to $26.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 17.66% from the company’s current price.

Several other analysts have also commented on AMTM. Wall Street Zen lowered Amentum from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. JPMorgan Chase & Co. cut their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Zacks Research upgraded Amentum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Truist Financial reissued a “buy” rating and issued a $35.00 target price (down from $42.00) on shares of Amentum in a research note on Tuesday, May 12th. Finally, Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $29.83.

Amentum Price Performance

Shares of NYSE:AMTM traded down $0.33 on Wednesday, reaching $22.10. The company’s stock had a trading volume of 167,764 shares, compared to its average volume of 2,035,155. The company has a 50-day simple moving average of $21.86 and a 200 day simple moving average of $26.00. Amentum has a 52-week low of $19.80 and a 52-week high of $38.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market cap of $5.40 billion, a P/E ratio of 26.61, a PEG ratio of 0.71 and a beta of 0.30.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.27%. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, equities research analysts anticipate that Amentum will post 2.36 EPS for the current fiscal year.

Hedge Funds Weigh In On Amentum

A number of institutional investors have recently modified their holdings of AMTM. Los Angeles Capital Management LLC acquired a new stake in shares of Amentum in the fourth quarter worth $26,000. Western Wealth Management LLC purchased a new stake in Amentum during the 1st quarter worth $33,000. Salomon & Ludwin LLC boosted its position in Amentum by 98.6% during the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock worth $41,000 after purchasing an additional 648 shares during the period. NFSG Corp acquired a new stake in Amentum in the 1st quarter valued at $35,000. Finally, Global Retirement Partners LLC acquired a new stake in Amentum in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 39.93% of the company’s stock.

Key Stories Impacting Amentum

Here are the key news stories impacting Amentum this week:

• Positive Sentiment: Amentum reported third-quarter fiscal 2026 adjusted earnings of $0.67 per share, exceeding analyst estimates of approximately $0.61-$0.63 and rising from $0.56 a year earlier. Amentum Reports Third Quarter Fiscal Year 2026 Results
• Positive Sentiment: The company is teaming up on efforts intended to accelerate nuclear reactor approvals, potentially benefiting its nuclear engineering and advanced technology business if regulatory timelines improve. Why Is Amentum Holdings Teaming Up To Speed Nuclear Reactor Approval?
• Positive Sentiment: BTIG Research maintained a “buy” rating, indicating continued confidence in Amentum’s longer-term prospects and assigning a $30 price target, which remains materially above the stock’s recent trading level. BTIG Lowers Amentum Price Target
• Neutral Sentiment: Management reaffirmed fiscal 2026 EPS guidance of $2.40-$2.50, broadly consistent with analyst expectations, but set revenue guidance at $13.8 billion-$14.0 billion versus consensus of approximately $14.2 billion.
• Negative Sentiment: Third-quarter revenue totaled $3.49 billion, below the $3.57 billion consensus estimate, and declined 2% year over year. The revenue miss and lower sales outlook appear to be the main catalysts behind the stock’s weakness following the earnings release. Amentum Misses Revenue Estimates
• Negative Sentiment: BTIG reduced its price target from $35 to $30, signaling more cautious expectations even though the firm retained its bullish rating.

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.