Amentum Holdings, Inc. (NYSE:AMTM) Shares Sold by BOK Financial Private Wealth Inc.

BOK Financial Private Wealth Inc. reduced its position in Amentum Holdings, Inc. (NYSE:AMTM) by 18.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,807 shares of the company’s stock after selling 2,408 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Amentum were worth $227,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMTM. US Bancorp DE bought a new stake in Amentum in the third quarter valued at about $30,000. Janney Montgomery Scott LLC bought a new stake in Amentum in the third quarter valued at about $2,178,000. Robeco Institutional Asset Management B.V. bought a new stake in Amentum in the third quarter valued at about $1,337,000. Asset Management One Co. Ltd. bought a new stake in Amentum in the third quarter valued at about $2,476,000. Finally, Amalgamated Bank bought a new stake in Amentum in the third quarter valued at about $824,000. 39.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on AMTM shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $24.00 target price on shares of Amentum in a report on Thursday, February 6th. Raymond James started coverage on Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 target price for the company. Finally, Cantor Fitzgerald raised Amentum to a “hold” rating in a report on Tuesday, February 25th.

Amentum Stock Up 8.5 %

NYSE:AMTM opened at $19.90 on Monday. The company’s 50 day moving average is $21.16. Amentum Holdings, Inc. has a 52 week low of $17.82 and a 52 week high of $34.47. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.59.

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

Insider Transactions at Amentum

In other Amentum news, Director Barbara Loughran acquired 4,600 shares of Amentum stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of $21.23 per share, for a total transaction of $97,658.00. Following the completion of the transaction, the director now owns 4,600 shares in the company, valued at approximately $97,658. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Steven J. Demetriou acquired 100,000 shares of Amentum stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average price of $20.81 per share, with a total value of $2,081,000.00. Following the completion of the transaction, the insider now owns 620,893 shares of the company’s stock, valued at approximately $12,920,783.33. This trade represents a 19.20 % increase in their position. The disclosure for this purchase can be found here. Insiders own 18.67% of the company’s stock.

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.