WINTON GROUP Ltd grew its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) by 89.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,449 shares of the company’s stock after purchasing an additional 48,040 shares during the quarter. WINTON GROUP Ltd’s holdings in Amentum were worth $2,942,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of AMTM. Financial Consulate Inc. bought a new position in Amentum in the 4th quarter worth $38,000. Sound Income Strategies LLC raised its holdings in Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares during the period. Salomon & Ludwin LLC raised its holdings in Amentum by 98.6% in the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock worth $41,000 after acquiring an additional 648 shares during the period. Smartleaf Asset Management LLC raised its holdings in Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after acquiring an additional 1,474 shares during the period. Finally, Vermillion & White Wealth Management Group LLC bought a new position in Amentum in the 3rd quarter worth $46,000. Institutional investors own 39.93% of the company’s stock.
Amentum Stock Performance
NYSE AMTM opened at $22.80 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a market capitalization of $5.57 billion, a price-to-earnings ratio of 38.00, a P/E/G ratio of 0.67 and a beta of 0.28. The company’s fifty day moving average is $25.17 and its two-hundred day moving average is $28.70. Amentum Holdings, Inc. has a 52-week low of $21.11 and a 52-week high of $38.11.
Analysts Set New Price Targets
AMTM has been the topic of several recent analyst reports. BTIG Research reiterated a “buy” rating and issued a $35.00 target price on shares of Amentum in a report on Thursday, May 14th. Truist Financial reiterated a “buy” rating and issued a $35.00 target price (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. JPMorgan Chase & Co. dropped their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Morgan Stanley initiated coverage on shares of Amentum in a report on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 target price on the stock. Finally, Wall Street Zen downgraded shares of Amentum from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $32.00.
Read Our Latest Research Report on Amentum
About Amentum
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.
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