Public Employees Retirement System of Ohio Makes New $940,000 Investment in Amentum Holdings, Inc. $AMTM

Public Employees Retirement System of Ohio bought a new stake in Amentum Holdings, Inc. (NYSE:AMTM) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 45,464 shares of the company’s stock, valued at approximately $940,000.

A number of other hedge funds have also made changes to their positions in the company. Maryland State Retirement & Pension System raised its stake in shares of Amentum by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock worth $867,000 after buying an additional 462 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Amentum by 35.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $54,000 after acquiring an additional 481 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Amentum by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock valued at $1,018,000 after acquiring an additional 600 shares during the last quarter. HighTower Advisors LLC increased its holdings in Amentum by 4.6% during the 4th quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock valued at $425,000 after acquiring an additional 638 shares in the last quarter. Finally, HM Payson & Co. increased its holdings in Amentum by 58.3% during the 4th quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock valued at $56,000 after acquiring an additional 715 shares in the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on AMTM. Wall Street Zen raised shares of Amentum from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Royal Bank Of Canada dropped their price objective on shares of Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 12th. Zacks Research lowered Amentum from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. UBS Group increased their target price on Amentum from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. dropped their price target on Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a research report on Monday, August 17th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Amentum has an average rating of “Hold” and an average price target of $29.18.

Amentum Stock Performance

Amentum stock opened at $19.34 on Thursday. The firm has a market capitalization of $4.73 billion, a P/E ratio of 23.30, a PEG ratio of 0.58 and a beta of 0.26. The stock has a fifty day moving average price of $21.41 and a 200 day moving average price of $23.99. Amentum Holdings, Inc. has a 52 week low of $19.27 and a 52 week high of $38.11. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 12.19% and a net margin of 1.44%.The firm’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period last year, the company earned $0.56 EPS. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Equities research analysts anticipate that Amentum Holdings, Inc. will post 2.38 earnings per share for the current 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.