Old West Investment Management LLC Takes $680,000 Position in Amentum Holdings, Inc. $AMTM

Old West Investment Management LLC bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 32,875 shares of the company’s stock, valued at approximately $680,000.

A number of other large investors also recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new stake in Amentum in the 4th quarter valued at $26,000. Western Wealth Management LLC acquired a new position in Amentum during the first quarter worth $33,000. Salomon & Ludwin LLC lifted its stake in shares of Amentum by 98.6% in the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after buying an additional 648 shares in the last quarter. NFSG Corp acquired a new position in shares of Amentum during the first quarter valued at about $35,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Amentum during the second quarter valued at about $31,000. 39.93% of the stock is currently owned by institutional investors.

Amentum Stock Up 0.1%

Amentum stock opened at $21.49 on Monday. Amentum Holdings, Inc. has a fifty-two week low of $19.80 and a fifty-two week high of $38.11. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.52 and a current ratio of 1.52. The firm’s 50-day simple moving average is $21.79 and its 200 day simple moving average is $25.71. The stock has a market cap of $5.25 billion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 0.63 and a beta of 0.30.

Amentum (NYSE:AMTM) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The firm had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same quarter last year, the business posted $0.56 EPS. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Research analysts predict that Amentum Holdings, Inc. will post 2.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMTM has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. Zacks Research upgraded Amentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Bank of America decreased their price objective on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, July 20th. BTIG Research dropped their target price on Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. cut their target price on Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Amentum currently has a consensus rating of “Moderate Buy” and an average price target of $30.18.

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.