Country Club Bank Takes Position in Amentum Holdings, Inc. (NYSE:AMTM)

Country Club Bank purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM) in the 4th quarter, HoldingsChannel reports. The fund purchased 32,594 shares of the company’s stock, valued at approximately $727,000.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Amentum in the 3rd quarter worth $790,000. Wharton Business Group LLC purchased a new position in Amentum in the 3rd quarter worth about $2,106,000. JPMorgan Chase & Co. purchased a new position in Amentum in the 3rd quarter worth about $8,739,000. Peak Asset Management LLC bought a new position in Amentum during the 3rd quarter valued at about $774,000. Finally, Foundations Investment Advisors LLC purchased a new stake in shares of Amentum during the 4th quarter valued at about $409,000. Institutional investors own 39.93% of the company’s stock.

Analyst Ratings Changes

AMTM has been the topic of a number of research analyst reports. Truist Financial assumed coverage on shares of Amentum in a research report on Monday, October 14th. They set a “buy” rating and a $31.00 price objective on the stock. Raymond James started coverage on Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price target on the stock. Finally, Royal Bank of Canada began coverage on Amentum in a report on Friday, January 10th. They issued a “sector perform” rating and a $24.00 price objective for the company.

Amentum Trading Up 10.8 %

Shares of NYSE:AMTM opened at $22.72 on Thursday. The business has a 50 day simple moving average of $22.04. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 1.02. Amentum Holdings, Inc. has a twelve month low of $18.38 and a twelve month high of $34.50.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.06. As a group, analysts predict that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

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.