Amentum Holdings, Inc. $AMTM Stock: Lebenthal Global Advisors LLC Grows Holdings

Lebenthal Global Advisors LLC boosted its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 88.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 62,269 shares of the company’s stock after acquiring an additional 29,269 shares during the period. Lebenthal Global Advisors LLC’s holdings in Amentum were worth $1,128,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AMTM. Global Retirement Partners LLC acquired a new position in shares of Amentum during the second quarter valued at about $31,000. Western Wealth Management LLC bought a new stake in shares of Amentum during the first quarter worth about $33,000. NFSG Corp acquired a new stake in shares of Amentum in the 1st quarter worth about $35,000. Nykredit A S acquired a new stake in shares of Amentum in the 2nd quarter worth about $37,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Amentum in the 2nd quarter worth about $50,000. 39.93% of the stock is owned by institutional investors.

Amentum Stock Performance

Shares of AMTM stock opened at $21.82 on Friday. The firm has a 50-day moving average of $19.82 and a 200-day moving average of $24.57. The company has a market cap of $5.34 billion, a P/E ratio of 26.29, a P/E/G ratio of 0.60 and a beta of 0.31. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. Amentum Holdings, Inc. has a one year low of $17.72 and a one year high of $38.11.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The company had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.57 billion. During the same period last year, the firm earned $0.56 earnings per share. The firm’s revenue was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Equities research analysts forecast that Amentum Holdings, Inc. will post 2.38 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on AMTM shares. Zacks Research cut shares of Amentum from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. UBS Group boosted their price objective on Amentum from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. Bank of America lowered their price objective on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Wall Street Zen lowered Amentum from a “buy” rating to a “hold” rating in a report on Saturday. Finally, JPMorgan Chase & Co. dropped their target price on Amentum from $31.00 to $26.00 and set a “neutral” rating on the stock in a report on Monday, August 17th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.91.

Amentum Profile

Amentum (NYSE: AMTM) is a government-focused engineering and technical services company that supports national security, defense, space, intelligence, energy and environmental missions. Its services include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, scientific research and testing, and mission support.

The company serves government customers in the United States and internationally, supporting complex programs and critical infrastructure across areas such as defense, nuclear security, aerospace, civil engineering and environmental remediation.