Vanguard Group Inc. Trims Position in Amentum Holdings, Inc. $AMTM

Vanguard Group Inc. reduced its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 5.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,554,691 shares of the company’s stock after selling 979,134 shares during the period. Vanguard Group Inc. owned about 6.39% of Amentum worth $372,535,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Atlantic Union Bankshares Corp acquired a new position in Amentum during the second quarter valued at $25,000. Blue Trust Inc. grew its position in Amentum by 116.5% during the 3rd 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 shares of Amentum during the 3rd quarter valued at about $32,000. Smartleaf Asset Management LLC lifted its holdings in shares of Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after buying an additional 1,474 shares during the period. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of Amentum in the 3rd quarter valued at about $45,000. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Trading Up 2.4%

Shares of AMTM stock opened at $30.23 on Friday. Amentum Holdings, Inc. has a 1-year low of $16.01 and a 1-year high of $38.11. The company has a market cap of $7.37 billion, a price-to-earnings ratio of 75.58, a PEG ratio of 0.86 and a beta of 0.01. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42. The stock has a 50 day simple moving average of $32.58 and a 200-day simple moving average of $27.43.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.52 by $0.02. The company had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.32 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The company’s revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts expect that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on AMTM. Morgan Stanley raised Amentum from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $20.00 to $35.00 in a report on Wednesday, November 26th. Citizens Jmp raised their price objective on shares of Amentum from $35.00 to $40.00 and gave the stock a “market outperform” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their target price on shares of Amentum from $30.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Cantor Fitzgerald boosted their target price on shares of Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Finally, UBS Group raised their price target on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum 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.