Penn Capital Management Company LLC Cuts Stock Position in Amentum Holdings, Inc. $AMTM

Penn Capital Management Company LLC decreased its position in Amentum Holdings, Inc. (NYSE:AMTM) by 22.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 743,937 shares of the company’s stock after selling 216,670 shares during the period. Amentum comprises approximately 1.7% of Penn Capital Management Company LLC’s portfolio, making the stock its 4th biggest holding. Penn Capital Management Company LLC owned about 0.31% of Amentum worth $21,630,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its holdings in shares of Amentum by 7.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,805,411 shares of the company’s stock worth $43,240,000 after purchasing an additional 118,306 shares during the last quarter. Lingohr Asset Management GmbH grew its holdings in shares of Amentum by 1,650.0% in the third quarter. Lingohr Asset Management GmbH now owns 175,000 shares of the company’s stock worth $4,191,000 after purchasing an additional 165,000 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Amentum by 16.3% in the third quarter. Public Sector Pension Investment Board now owns 597,976 shares of the company’s stock worth $14,322,000 after purchasing an additional 83,804 shares during the last quarter. Brightline Capital Management LLC grew its holdings in shares of Amentum by 20.0% in the third quarter. Brightline Capital Management LLC now owns 1,200,000 shares of the company’s stock worth $28,740,000 after purchasing an additional 200,000 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Amentum by 1,088.2% in the fourth quarter. SG Americas Securities LLC now owns 345,341 shares of the company’s stock worth $10,015,000 after purchasing an additional 316,277 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Amentum Stock Performance

Shares of AMTM stock opened at $22.88 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 38.13, a PEG ratio of 0.69 and a beta of 0.43. The stock has a fifty day moving average of $25.76 and a 200 day moving average of $28.64. Amentum Holdings, Inc. has a 52 week low of $19.11 and a 52 week high of $38.11.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, research analysts expect that Amentum Holdings, Inc. will post 2.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Royal Bank Of Canada dropped their price target on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 13th. BNP Paribas Exane assumed coverage on Amentum in a research note on Tuesday. They issued an “underperform” rating and a $22.00 price target for the company. JPMorgan Chase & Co. dropped their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday. Truist Financial reaffirmed a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a research note on Tuesday, May 12th. Finally, Wall Street Zen raised Amentum from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $32.00.

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.