17,081 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Acquired by Armstrong Henry H Associates Inc.

Armstrong Henry H Associates Inc. bought a new position in Amentum Holdings, Inc. (NYSE:AMTM) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 17,081 shares of the company’s stock, valued at approximately $359,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Arrow Financial Corp purchased a new stake in shares of Amentum in the 3rd quarter worth approximately $26,000. US Bancorp DE purchased a new stake in Amentum during the third quarter worth $30,000. Anchor Investment Management LLC bought a new stake in Amentum during the 3rd quarter valued at $32,000. Signaturefd LLC purchased a new position in shares of Amentum in the 3rd quarter valued at $33,000. Finally, Glen Eagle Advisors LLC bought a new position in shares of Amentum in the 3rd quarter worth $35,000. Institutional investors own 39.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Royal Bank of Canada initiated coverage on Amentum in a research note on Friday. They issued a “sector perform” rating and a $24.00 target price on the stock. Truist Financial initiated coverage on shares of Amentum in a research report on Monday, October 14th. They issued a “buy” rating and a $31.00 price objective on the stock. Finally, Raymond James began coverage on shares of Amentum in a research report on Thursday, November 21st. They set an “outperform” rating and a $30.00 target price for the company.

Amentum Trading Up 1.6 %

Shares of NYSE:AMTM opened at $22.86 on Tuesday. The company’s 50-day simple moving average is $23.97. Amentum Holdings, Inc. has a 1 year low of $18.38 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.