CenterBook Partners LP Has $6.44 Million Stock Position in Amentum Holdings, Inc. $AMTM

CenterBook Partners LP lowered its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 27.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 222,223 shares of the company’s stock after selling 85,858 shares during the period. CenterBook Partners LP’s holdings in Amentum were worth $6,444,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Sound Income Strategies LLC grew its position in Amentum by 45.3% during the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Amentum by 35.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $54,000 after acquiring an additional 481 shares during the last quarter. BCS Private Wealth Management Inc. grew its position in Amentum by 5.0% during the 4th quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock worth $348,000 after acquiring an additional 575 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in Amentum by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock worth $1,018,000 after acquiring an additional 600 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in Amentum by 4.6% during the 4th quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock worth $425,000 after acquiring an additional 638 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Amentum Trading Up 0.0%

Shares of AMTM stock opened at $22.80 on Monday. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 0.67 and a beta of 0.28. The stock has a 50-day moving average of $25.17 and a 200-day moving average of $28.70. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. Amentum Holdings, Inc. has a 1-year low of $21.11 and a 1-year high of $38.11.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. The company had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The business’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts forecast that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AMTM. Wall Street Zen lowered Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Citizens Jmp restated a “market outperform” rating and set a $40.00 price objective on shares of Amentum in a research report on Monday, April 13th. Royal Bank Of Canada reduced their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 13th. Weiss Ratings upgraded Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Finally, BNP Paribas Exane began coverage on Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $32.00.

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.