475,992 Shares in Amentum Holdings, Inc. $AMTM Purchased by First National Bank of Omaha

First National Bank of Omaha acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTMFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 475,992 shares of the company’s stock, valued at approximately $9,721,000. First National Bank of Omaha owned approximately 0.19% of Amentum at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AMTM. BlackRock Inc. bought a new stake in shares of Amentum during the second quarter valued at approximately $370,137,000. Deutsche Bank AG bought a new position in Amentum in the 2nd quarter worth approximately $451,000. Old West Investment Management LLC acquired a new position in Amentum during the 2nd quarter worth $680,000. Global Retirement Partners LLC bought a new position in Amentum in the 2nd quarter valued at $31,000. Finally, Bank of New York Mellon Corp bought a new position in Amentum in the 2nd quarter valued at $18,150,000. 39.93% of the stock is owned by institutional investors.

Amentum Stock Up 2.4%

Shares of NYSE:AMTM opened at $20.92 on Wednesday. Amentum Holdings, Inc. has a 52 week low of $19.80 and a 52 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 company has a market capitalization of $5.12 billion, a PE ratio of 25.21, a PEG ratio of 0.63 and a beta of 0.30. The company has a 50 day moving average price of $21.71 and a two-hundred day moving average price of $25.50.

Amentum (NYSE:AMTMGet Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, topping 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 analysts’ expectations of $3.57 billion. During the same period last year, the firm posted $0.56 earnings per share. The business’s quarterly revenue was down 2.0% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Analysts forecast that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AMTM shares. BNP Paribas Exane started coverage on Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 target price for the company. BTIG Research decreased their price target on Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. UBS Group lifted their price objective on Amentum from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Weiss Ratings downgraded shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Finally, Morgan Stanley set a $24.00 target price on shares of Amentum in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $29.70.

View Our Latest Analysis on Amentum

About Amentum

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Amentum (NYSE:AMTM)

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