Thompson Siegel & Walmsley LLC Takes $11.04 Million Position in Amentum Holdings, Inc. (NYSE:AMTM)

Thompson Siegel & Walmsley LLC acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 342,242 shares of the company’s stock, valued at approximately $11,037,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Primecap Management Co. CA purchased a new position in Amentum during the third quarter worth about $169,999,000. Intech Investment Management LLC purchased a new stake in Amentum during the third quarter valued at about $1,008,000. Grandfield & Dodd LLC acquired a new position in shares of Amentum during the third quarter worth about $209,000. Ontario Teachers Pension Plan Board purchased a new stake in shares of Amentum during the third quarter worth about $298,000. Finally, Advisors Asset Management Inc. bought a new stake in shares of Amentum in the 3rd quarter worth about $2,556,000.

Wall Street Analyst Weigh In

AMTM has been the topic of a number of recent research reports. Truist Financial started coverage on Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 target price on the stock. Raymond James assumed coverage on shares of Amentum in a research report on Thursday. They issued an “outperform” rating and a $30.00 price target for the company.

Amentum Price Performance

NYSE:AMTM opened at $24.89 on Friday. Amentum Holdings, Inc. has a 52 week low of $21.24 and a 52 week high of $34.50.

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.