Amentum (NYSE:AMTM) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Amentum (NYSE:AMTM) from a strong-buy rating to a hold rating in a research report report published on Saturday.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. Royal Bank Of Canada lifted their price target on shares of Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Citizens Jmp boosted their price target on shares of Amentum from $35.00 to $40.00 and gave the company a “market outperform” rating in a research report on Monday, January 12th. UBS Group raised their price objective on shares of Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Finally, Morgan Stanley raised Amentum from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $20.00 to $35.00 in a report on Wednesday, November 26th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $34.92.

Amentum Stock Up 3.0%

Shares of AMTM opened at $30.97 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average price of $32.39 and a two-hundred day moving average price of $27.16. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 77.42, a P/E/G ratio of 0.91 and a beta of -0.01. Amentum has a 12 month low of $16.01 and a 12 month high of $38.11.

Amentum (NYSE:AMTM) last released its quarterly earnings data on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The firm’s quarterly revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts predict that Amentum will post 2.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Amentum

Several hedge funds have recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp bought a new stake in Amentum during the 2nd quarter worth about $25,000. Los Angeles Capital Management LLC bought a new stake in shares of Amentum during the fourth quarter worth approximately $26,000. Blue Trust Inc. raised its stake in shares of Amentum by 116.5% during the third quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after buying an additional 648 shares during the last quarter. Mather Group LLC. acquired a new position in Amentum in the third quarter valued at approximately $32,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in Amentum by 1,517.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 1,520 shares of the company’s stock valued at $36,000 after acquiring an additional 1,426 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Amentum Company 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.