Amentum (NYSE:AMTM) Rating Increased to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Amentum to “Buy” from “Hold,” although the broader analyst consensus remains “Hold,” with five Buy, seven Hold, and one Sell rating and an average price target of $29.18.
• Amentum shares opened at $19.61, down 2.9%, near their 52-week low of $19.21 and well below the 52-week high of $38.11.
• The company beat quarterly EPS estimates, reporting $0.67 versus the $0.61 consensus, but revenue fell 2% year over year to $3.49 billion and missed expectations; fiscal 2026 EPS guidance is $2.40–$2.50.

Amentum (NYSE:AMTM - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Sunday, Wall Street Zen reports.

Several other analysts have also recently commented on the company. Morgan Stanley set a $24.00 price target on Amentum in a research report on Tuesday, August 11th. Zacks Research lowered Amentum from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. lowered their target price on shares of Amentum from $31.00 to $26.00 and set a "neutral" rating on the stock in a research note on Monday, August 17th. Weiss Ratings lowered shares of Amentum from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, June 23rd. Finally, UBS Group increased their target price on shares of Amentum from $23.00 to $24.00 and gave the company a "neutral" rating in a research report on Wednesday, August 12th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $29.18.

Amentum Stock Down 2.9%

Shares of NYSE AMTM opened at $19.61 on Friday. The company has a market cap of $4.80 billion, a P/E ratio of 23.63, a PEG ratio of 0.57 and a beta of 0.26. Amentum has a 1 year low of $19.21 and a 1 year high of $38.11. The firm has a 50-day simple moving average of $21.20 and a two-hundred day simple moving average of $23.54. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52.

Amentum (NYSE:AMTM - Get Free Report) last posted 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 return on equity of 12.19% and a net margin of 1.44%.The company had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same period in the previous year, the business earned $0.56 EPS. Amentum's quarterly revenue was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Research analysts anticipate that Amentum will post 2.38 earnings per share 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 the stock. Security National Bank of Sioux City Iowa IA boosted its stake in Amentum by 31.3% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company's stock worth $482,000 after buying an additional 5,565 shares during the last quarter. WINTON GROUP Ltd increased its stake in shares of Amentum by 5.2% in the 2nd quarter. WINTON GROUP Ltd now owns 58,393 shares of the company's stock worth $1,207,000 after acquiring an additional 2,893 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Amentum in the 2nd quarter worth $50,000. Mraz Amerine & Associates Inc. raised its holdings in shares of Amentum by 25.3% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 90,200 shares of the company's stock worth $1,864,000 after acquiring an additional 18,215 shares during the period. Finally, Nykredit A S purchased a new position in shares of Amentum during the 2nd quarter worth $37,000. Institutional investors and hedge funds own 39.93% of the company's stock.

Amentum Company Profile

Amentum NYSE: AMTM is a global engineering and technical services company that provides mission support to government and commercial customers. Its capabilities include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, intelligence analysis, and professional services.

The company supports customers across the defense, intelligence, space, civilian government, energy, environmental, and industrial markets. Its work includes maintaining and modernizing critical infrastructure and complex platforms, supporting national security missions, managing nuclear and environmental programs, and providing technical services for space and other advanced technology programs.

Amentum was established through the combination of Amentum and Jacobs' Critical Mission Solutions and Cyber and Intelligence businesses, which was completed in 2024.

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