Amentum Holdings, Inc. (NYSE:AMTM) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Amentum, with two sell, six hold and five buy recommendations. The average 12-month price target is $29, above the stock’s reported $19.53 price.
• Several brokerages recently lowered their price targets, including RBC, JPMorgan and Bank of America, while Zacks Research downgraded the stock to “strong sell.”
• Amentum beat quarterly EPS expectations, reporting $0.67 versus the $0.61 consensus, but revenue declined 2% year over year to $3.49 billion. Institutional investors own approximately 39.93% of the company.

Amentum Holdings, Inc. (NYSE:AMTM - Get Free Report) has received an average rating of "Hold" from the thirteen ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $29.00.

A number of brokerages recently weighed in on AMTM. Royal Bank Of Canada dropped their price objective on Amentum from $28.00 to $26.00 and set a "sector perform" rating on the stock in a report on Wednesday, August 12th. Morgan Stanley set a $24.00 target price on Amentum in a research report on Tuesday, August 11th. Zacks Research cut Amentum from a "hold" rating to a "strong sell" rating in a report on Thursday, October 1st. JPMorgan Chase & Co. reduced their target price on Amentum from $31.00 to $26.00 and set a "neutral" rating on the stock in a report on Monday, August 17th. Finally, Bank of America lowered their price target on Amentum from $35.00 to $30.00 and set a "neutral" rating for the company in a research report on Monday, July 20th.

Hedge Funds Weigh In On Amentum

Large investors have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Amentum during the 2nd quarter worth approximately $370,137,000. Primecap Management Co. CA purchased a new position in Amentum in the second quarter valued at approximately $253,941,000. Dimensional Fund Advisors LP lifted its position in Amentum by 106.6% during the first quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company's stock valued at $98,767,000 after buying an additional 1,954,494 shares in the last quarter. Troluce Capital Advisors LLC lifted its position in Amentum by 256.5% during the second quarter. Troluce Capital Advisors LLC now owns 3,565,399 shares of the company's stock valued at $73,697,000 after buying an additional 2,565,399 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Amentum by 107.8% during the first quarter. Bank of America Corp DE now owns 2,405,041 shares of the company's stock valued at $62,723,000 after buying an additional 1,247,614 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Trading Up 2.3%

AMTM opened at $19.53 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.52 and a current ratio of 1.52. Amentum has a one year low of $17.72 and a one year high of $38.11. The company has a market cap of $4.78 billion, a P/E ratio of 23.53, a PEG ratio of 0.52 and a beta of 0.31. The business's 50-day simple moving average is $19.89 and its 200-day simple moving average is $22.22.

Amentum (NYSE:AMTM - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.06. The firm had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The company's revenue was down 2.0% on a year-over-year basis. During the same period last year, the firm posted $0.56 EPS. 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.

Amentum Company Profile

Amentum NYSE: AMTM is a global engineering and technical services contractor that supports government and commercial customers across defense, intelligence, space, civilian, energy and environmental markets. The company provides mission-critical services designed to help customers operate, maintain and modernize complex systems and infrastructure.

Its capabilities include systems engineering, program management, logistics, operations and maintenance, cybersecurity, digital transformation, intelligence analysis, testing and evaluation, and environmental and nuclear lifecycle services.

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