Amentum (NYSE:AMTM) Stock Rating Cut to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Amentum to “Hold” from “Buy.” The broader analyst consensus is also “Hold,” with five Buy, seven Hold and one Sell rating and an average price target of $28.91.
• Amentum shares opened at $21.82, down 1.1%, with a market capitalization of $5.34 billion. The stock has traded between $17.72 and $38.11 over the past year.
• The company exceeded quarterly EPS estimates, reporting $0.67 versus consensus of $0.61, but revenue fell 2% year over year to $3.49 billion. Institutional investors own approximately 39.93% of the stock.

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

Several other analysts also recently commented on the company. Royal Bank Of Canada lowered their price objective on Amentum from $26.00 to $25.00 and set a "sector perform" rating for the company in a research note on Wednesday. Weiss Ratings upgraded Amentum from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday. Morgan Stanley set a $24.00 target price on Amentum in a research report on Tuesday, August 11th. The Goldman Sachs Group set a $24.00 price target on Amentum in a report on Thursday, August 20th. Finally, Zacks Research downgraded Amentum from a "hold" rating to a "strong sell" rating in a report on Thursday, October 1st. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Amentum has an average rating of "Hold" and an average price target of $28.91.

Amentum Trading Down 1.1%

NYSE:AMTM opened at $21.82 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a 50-day moving average of $19.82 and a 200-day moving average of $24.57. The company has a market cap of $5.34 billion, a PE ratio of 9.47, a PEG ratio of 0.60 and a beta of 0.31. Amentum has a one year low of $17.72 and a one year high of $38.11.

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

Institutional Investors Weigh In On Amentum

A number of hedge funds have recently made changes to their positions in the business. Covestor Ltd lifted its position in shares of Amentum by 87.4% during the third quarter. Covestor Ltd now owns 6,583 shares of the company's stock worth $119,000 after acquiring an additional 3,071 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its holdings in shares of Amentum by 18.2% in the third quarter. Mraz Amerine & Associates Inc. now owns 106,585 shares of the company's stock worth $1,931,000 after acquiring an additional 16,385 shares during the period. Lebenthal Global Advisors LLC boosted its holdings in shares of Amentum by 88.7% in the third quarter. Lebenthal Global Advisors LLC now owns 62,269 shares of the company's stock worth $1,128,000 after acquiring an additional 29,269 shares during the period. Cahaba Wealth Management Inc. boosted its holdings in shares of Amentum by 11.8% in the third quarter. Cahaba Wealth Management Inc. now owns 13,498 shares of the company's stock worth $245,000 after acquiring an additional 1,422 shares during the period. Finally, Security National Bank of Sioux City Iowa IA grew its position in shares of Amentum by 31.3% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company's stock valued at $482,000 after purchasing an additional 5,565 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors.

Amentum Company Profile

Amentum NYSE: AMTM is a government-focused engineering and technical services company that supports national security, defense, space, intelligence, energy and environmental missions. Its services include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, scientific research and testing, and mission support.

The company serves government customers in the United States and internationally, supporting complex programs and critical infrastructure across areas such as defense, nuclear security, aerospace, civil engineering and environmental remediation.

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