Baldwin Investment Management LLC Makes New $297,000 Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Baldwin Investment Management LLC purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 9,215 shares of the company’s stock, valued at approximately $297,000.

A number of other hedge funds also recently modified their holdings of AMTM. Primecap Management Co. CA bought a new position in shares of Amentum during the 3rd quarter worth approximately $169,999,000. Allspring Global Investments Holdings LLC bought a new stake in Amentum during the 3rd quarter worth about $78,399,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Amentum during the 3rd quarter worth about $39,613,000. Charles Schwab Investment Management Inc. bought a new position in shares of Amentum in the 3rd quarter valued at about $24,527,000. Finally, Thrivent Financial for Lutherans bought a new position in shares of Amentum in the 3rd quarter valued at about $17,268,000.

Amentum Price Performance

Shares of AMTM opened at $23.90 on Thursday. Amentum Holdings, Inc. has a one year low of $21.24 and a one year high of $34.50.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AMTM. Truist Financial assumed coverage on Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 target price on the stock. Raymond James initiated coverage on Amentum in a research note on Thursday, November 21st. They set an “outperform” rating and a $30.00 price objective on the stock.

Amentum 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.