Amentum Holdings, Inc. $AMTM Shares Bought by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. raised its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 120.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 64,228 shares of the company’s stock after buying an additional 35,033 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in Amentum were worth $1,863,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMTM. Financial Consulate Inc. acquired a new stake in Amentum in the fourth quarter valued at $38,000. Sound Income Strategies LLC lifted its holdings in Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after acquiring an additional 425 shares during the period. Salomon & Ludwin LLC lifted its holdings in Amentum by 98.6% in the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after acquiring an additional 648 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Amentum by 433.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after acquiring an additional 1,474 shares during the period. Finally, Vermillion & White Wealth Management Group LLC acquired a new stake in Amentum in the third quarter valued at $46,000. Institutional investors and hedge funds own 39.93% of the company’s stock.

Analysts Set New Price Targets

AMTM has been the subject of a number of recent analyst reports. Royal Bank Of Canada reduced their target price on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a report on Wednesday, May 13th. Citizens Jmp reaffirmed a “market outperform” rating and set a $40.00 price target on shares of Amentum in a research note on Monday, April 13th. BTIG Research reaffirmed a “buy” rating and set a $35.00 price target on shares of Amentum in a research note on Thursday, May 14th. Morgan Stanley began coverage on Amentum in a research note on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 price target for the company. Finally, Wall Street Zen raised Amentum from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Amentum currently has a consensus rating of “Hold” and an average target price of $33.18.

Amentum Trading Up 2.9%

NYSE:AMTM opened at $23.15 on Friday. The company has a market capitalization of $5.65 billion, a PE ratio of 38.58, a price-to-earnings-growth ratio of 0.67 and a beta of 0.43. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. Amentum Holdings, Inc. has a 52-week low of $19.11 and a 52-week high of $38.11. The stock has a fifty day simple moving average of $26.05 and a 200-day simple moving average of $28.62.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The business’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts expect that Amentum Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

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.