Royal London Asset Management Ltd. Purchases Shares of 55,672 Amentum Holdings, Inc. (NYSE:AMTM)

Royal London Asset Management Ltd. acquired a new position in Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 55,672 shares of the company’s stock, valued at approximately $1,795,000.

Several other institutional investors have also recently made changes to their positions in AMTM. Arrow Financial Corp bought a new position in Amentum in the 3rd quarter worth approximately $26,000. US Bancorp DE purchased a new position in shares of Amentum in the third quarter worth $30,000. Signaturefd LLC bought a new position in shares of Amentum during the third quarter worth $33,000. HM Payson & Co. purchased a new position in Amentum during the third quarter valued at $38,000. Finally, Studio Investment Management LLC bought a new stake in Amentum in the 3rd quarter valued at $42,000.

Amentum Stock Up 0.7 %

Amentum stock opened at $23.17 on Monday. Amentum Holdings, Inc. has a 52-week low of $21.24 and a 52-week high of $34.50.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Raymond James began coverage on Amentum in a research report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price objective for the company. Truist Financial assumed coverage on Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 price target for the company.

Amentum Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.