Amentum (NYSE:AMTM) Updates FY 2026 Earnings Guidance

Amentum (NYSE:AMTM) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 2.400-2.500 for the period, compared to the consensus estimate of 2.410. The company issued revenue guidance of $13.8 billion-$14.0 billion, compared to the consensus revenue estimate of $14.2 billion.

Analyst Ratings Changes

A number of brokerages recently weighed in on AMTM. Weiss Ratings lowered Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Bank of America cut their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Wall Street Zen cut Amentum from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Zacks Research upgraded shares of Amentum from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. cut their target price on Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Amentum has an average rating of “Hold” and an average price target of $32.00.

Amentum Trading Down 1.4%

Shares of AMTM traded down $0.35 during trading hours on Monday, hitting $24.42. 2,605,102 shares of the stock were exchanged, compared to its average volume of 2,014,614. Amentum has a fifty-two week low of $19.80 and a fifty-two week high of $38.11. The business has a 50-day moving average of $21.87 and a 200-day moving average of $26.15. The firm has a market capitalization of $5.97 billion, a P/E 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 current ratio of 1.48 and a quick ratio of 1.48.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Amentum had a net margin of 1.04% and a return on equity of 11.74%. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. On average, research analysts expect that Amentum will post 2.36 EPS for the current year.

Institutional Investors Weigh In On Amentum

Several hedge funds and other institutional investors have recently made changes to their positions in AMTM. Invesco Ltd. lifted its position in Amentum by 13.0% in the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock valued at $529,698,000 after acquiring an additional 2,539,594 shares in the last quarter. Primecap Management Co. CA raised its stake in shares of Amentum by 1.7% in the fourth quarter. Primecap Management Co. CA now owns 12,126,927 shares of the company’s stock worth $351,681,000 after purchasing an additional 208,341 shares during the last quarter. State Street Corp raised its stake in shares of Amentum by 7.6% in the second quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after purchasing an additional 501,898 shares during the last quarter. Ruane Cunniff & Goldfarb L.P. lifted its holdings in shares of Amentum by 2.0% in the second quarter. Ruane Cunniff & Goldfarb L.P. now owns 2,441,743 shares of the company’s stock valued at $57,650,000 after purchasing an additional 48,704 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Amentum by 50.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,081,611 shares of the company’s stock valued at $49,855,000 after purchasing an additional 701,859 shares in the last quarter. 39.93% of the stock is owned by institutional investors.

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.