Stonegate Investment Group LLC Makes New $608,000 Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Stonegate Investment Group LLC purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 18,844 shares of the company’s stock, valued at approximately $608,000.

Several other large investors have also made changes to their positions in AMTM. Dover Advisors LLC bought a new stake in Amentum during the 3rd quarter valued at approximately $219,000. Heritage Family Offices LLP purchased a new stake in Amentum during the 3rd quarter valued at approximately $308,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in shares of Amentum during the third quarter valued at approximately $414,000. Compass Wealth Management LLC purchased a new position in shares of Amentum in the third quarter worth $804,000. Finally, McKinley Carter Wealth Services Inc. bought a new position in shares of Amentum during the third quarter worth $1,764,000.

Wall Street Analyst Weigh In

Separately, Truist Financial began coverage on shares of Amentum in a report on Monday, October 14th. They issued a “buy” rating and a $31.00 price target on the stock.

Amentum Stock Performance

NYSE AMTM opened at $29.30 on Friday. Amentum Holdings, Inc. has a 1-year low of $23.58 and a 1-year high of $34.50.

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.