Amentum (NYSE:AMTM) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Amentum (NYSE:AMTM) released its quarterly earnings results on Monday. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06, FiscalAI reports. Amentum had a net margin of 1.04% and a return on equity of 11.74%. During the same period in the prior year, the company earned $0.56 earnings per share. The company’s revenue was down 2.0% compared to the same quarter last year. Amentum updated its FY 2026 guidance to 2.400-2.500 EPS.

Amentum Stock Down 1.4%

Shares of NYSE AMTM traded down $0.35 during trading on Monday, reaching $24.42. The company had a trading volume of 2,689,715 shares, compared to its average volume of 2,015,453. Amentum has a 12-month low of $19.80 and a 12-month high of $38.11. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The business’s 50-day moving average is $21.87 and its 200 day moving average is $26.15. The stock has a market cap of $5.97 billion, a PE ratio of 40.70, a P/E/G ratio of 0.72 and a beta of 0.30.

Hedge Funds Weigh In On Amentum

A number of hedge funds have recently bought and sold shares of the company. Invesco Ltd. increased its holdings in Amentum by 13.0% in the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after buying an additional 2,539,594 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Amentum during the 2nd quarter valued at about $32,576,000. AQR Capital Management LLC grew its stake in shares of Amentum by 778.9% in the fourth quarter. AQR Capital Management LLC now owns 1,452,049 shares of the company’s stock worth $42,109,000 after acquiring an additional 1,286,844 shares during the period. Verition Fund Management LLC grew its stake in shares of Amentum by 1,128.0% in the third quarter. Verition Fund Management LLC now owns 1,135,626 shares of the company’s stock worth $27,198,000 after acquiring an additional 1,043,145 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Amentum by 40.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,832,926 shares of the company’s stock worth $53,157,000 after buying an additional 526,875 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Analysts Set New Price Targets

AMTM has been the topic of several recent research reports. Citizens Jmp reaffirmed a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a research note on Monday, April 13th. Wall Street Zen cut shares of Amentum from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings downgraded shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada lowered their price target on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 13th. Finally, Bank of America cut their price objective on shares of Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $32.00.

Amentum Company 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.