Troluce Capital Advisors LLC Has $73.70 Million Stock Position in Amentum Holdings, Inc. $AMTM

Troluce Capital Advisors LLC raised its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 256.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,565,399 shares of the company’s stock after buying an additional 2,565,399 shares during the period. Amentum makes up 7.6% of Troluce Capital Advisors LLC’s portfolio, making the stock its 2nd biggest position. Troluce Capital Advisors LLC’s holdings in Amentum were worth $73,697,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Amentum in the 2nd quarter worth approximately $370,137,000. Primecap Management Co. CA acquired a new position in shares of Amentum during the second quarter valued at approximately $253,941,000. Focus Partners Wealth raised its holdings in Amentum by 8,467.6% during the fourth quarter. Focus Partners Wealth now owns 2,794,417 shares of the company’s stock worth $81,038,000 after purchasing an additional 2,761,801 shares in the last quarter. Invesco Ltd. raised its holdings in Amentum by 13.0% during the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after purchasing an additional 2,539,594 shares in the last quarter. Finally, Norges Bank acquired a new stake in Amentum in the fourth quarter worth approximately $66,529,000. 39.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AMTM shares. Weiss Ratings lowered Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, June 23rd. Bank of America cut their price objective on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, July 20th. 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. UBS Group raised their target price on Amentum from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Finally, Zacks Research lowered Amentum from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $29.18.

Amentum Stock Performance

Shares of NYSE:AMTM opened at $20.11 on Friday. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 0.58 and a beta of 0.26. Amentum Holdings, Inc. has a 1-year low of $19.80 and a 1-year 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 50 day moving average price of $21.44 and a 200 day moving average price of $24.28.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The firm had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. On average, research analysts anticipate that Amentum Holdings, Inc. will post 2.38 EPS for the current fiscal year.

Amentum 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.