Amentum (NYSE:AMTM) Issues Quarterly Earnings Results

Amentum (NYSE:AMTM) announced its quarterly earnings data on Monday. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06, FiscalAI reports. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The business had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same quarter last year, the firm posted $0.56 earnings per share. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Amentum updated its FY 2026 guidance to 2.400-2.500 EPS.

Amentum Stock Performance

Shares of AMTM stock opened at $24.42 on Tuesday. The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 40.70, a price-to-earnings-growth ratio of 0.72 and a beta of 0.30. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. Amentum has a one year low of $19.80 and a one year high of $38.11. The company’s 50-day moving average is $21.88 and its 200 day moving average is $26.08.

Analyst Upgrades and Downgrades

AMTM has been the subject of several research reports. JPMorgan Chase & Co. decreased their price target on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. BNP Paribas Exane began coverage on shares of Amentum in a research note on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. Truist Financial restated a “buy” rating and issued a $35.00 price objective (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Citizens Jmp reaffirmed a “market outperform” rating and set a $40.00 target price on shares of Amentum in a research note on Monday, April 13th. Finally, Weiss Ratings lowered shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Amentum currently has a consensus rating of “Hold” and an average price target of $32.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new stake in shares of Amentum during the fourth quarter valued at approximately $26,000. Smartleaf Asset Management LLC lifted its position in 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 acquiring an additional 1,474 shares in the last quarter. Riggs Asset Managment Co. Inc. bought a new position in Amentum in the 2nd quarter valued at approximately $46,000. Atlas Capital Advisors Inc. purchased a new stake in Amentum during the 4th quarter valued at $48,000. Finally, HM Payson & Co. increased its holdings in shares of Amentum by 58.3% in the 4th quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock worth $56,000 after purchasing an additional 715 shares in the last quarter. Institutional investors own 39.93% of the company’s stock.

About Amentum

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.