Amentum (NYSE:AMTM) Downgraded by Wall Street Zen to Hold

Wall Street Zen downgraded shares of Amentum (NYSE:AMTM) from a buy rating to a hold rating in a research note released on Saturday.

A number of other equities analysts have also recently weighed in on AMTM. BTIG Research reissued a “buy” rating and issued a $35.00 price target on shares of Amentum in a research note on Wednesday, February 11th. Bank of America upped their price objective on shares of Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, December 31st. Truist Financial lifted their target price on shares of Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Cantor Fitzgerald boosted their price target on shares of Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Tuesday, December 2nd. Finally, Royal Bank Of Canada upped their price target on shares of Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $34.91.

Amentum Price Performance

Shares of NYSE:AMTM opened at $25.86 on Friday. The company has a market capitalization of $6.31 billion, a PE ratio of 64.64, a price-to-earnings-growth ratio of 0.76 and a beta of 0.23. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a fifty day moving average of $31.31 and a 200-day moving average of $27.95. Amentum has a one year low of $16.01 and a one year high of $38.11.

Amentum (NYSE:AMTM) last issued 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. The business had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Amentum had a return on equity of 11.56% and a net margin of 0.69%.Amentum’s revenue 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 will post 2.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Amentum

A number of institutional investors have recently bought and sold shares of the business. Los Angeles Capital Management LLC acquired a new position in shares of Amentum in the 4th quarter valued at about $26,000. Blue Trust Inc. boosted its holdings 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 purchasing an additional 648 shares during the period. Mather Group LLC. purchased a new position in Amentum during the third quarter valued at approximately $32,000. Financial Consulate Inc. purchased a new position in Amentum during the fourth quarter valued at approximately $38,000. Finally, Sound Income Strategies LLC increased its stake in Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after buying an additional 425 shares during the period. 39.93% of the stock is currently owned by institutional investors and hedge funds.

About Amentum

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.