Amentum Holdings, Inc. $AMTM Holdings Lifted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 723.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,483 shares of the company’s stock after buying an additional 66,320 shares during the period. Oppenheimer & Co. Inc.’s holdings in Amentum were worth $1,808,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new stake in Amentum in the 2nd quarter valued at approximately $25,000. Blue Trust Inc. grew its stake in shares of Amentum by 116.5% in the third quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after purchasing an additional 648 shares in the last quarter. Mather Group LLC. acquired a new position in shares of Amentum during the third quarter valued at $32,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Amentum by 1,517.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,520 shares of the company’s stock valued at $36,000 after purchasing an additional 1,426 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Amentum by 433.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after purchasing an additional 1,474 shares during the period. 39.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on AMTM shares. JMP Securities set a $35.00 target price on shares of Amentum in a research note on Wednesday, November 26th. UBS Group raised their price objective on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Wall Street Zen cut Amentum from a “strong-buy” rating to a “hold” rating in a report on Saturday. BTIG Research reaffirmed a “buy” rating and set a $35.00 price target on shares of Amentum in a research note on Wednesday. Finally, Citigroup reissued an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Amentum presently has a consensus rating of “Moderate Buy” and an average price target of $34.92.

Amentum Price Performance

Shares of NYSE:AMTM opened at $30.97 on Friday. The company has a market capitalization of $7.55 billion, a PE ratio of 77.42, a price-to-earnings-growth ratio of 0.88 and a beta of 0.01. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.32 and a current ratio of 1.42. The stock has a fifty day moving average of $32.34 and a 200-day moving average of $27.08. Amentum Holdings, Inc. has a one year low of $16.01 and a one year high of $38.11.

Amentum (NYSE:AMTM) last announced its earnings results on Monday, February 9th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. Amentum’s revenue for the quarter was down 5.2% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts anticipate that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Amentum Profile

Amentum is a government services provider specializing in mission-critical solutions for defense, federal civilian and commercial customers around the globe. The company delivers integrated services that span the full lifecycle of complex programs and facilities, including engineering, program and project management, logistics, operations, maintenance and environmental remediation.

Core offerings include infrastructure support, energy and facilities management, environmental solutions and nuclear services.