Amentum Holdings, Inc. $AMTM Shares Bought by Troluce Capital Advisors LLC

Key Points

• Troluce Capital Advisors increased its Amentum position by 256.5% in the second quarter, adding 2.57 million shares to own 3.57 million shares worth approximately $73.7 million, or 1.46% of the company.
• Analyst sentiment remains mixed: five analysts rate Amentum a Buy, seven a Hold and one a Sell, producing a consensus Hold rating and an average price target of $29.18.
• Amentum’s latest quarterly results beat earnings expectations, with EPS of $0.67 versus the $0.61 consensus, although revenue fell 2% year over year to $3.49 billion and the stock recently traded near $20.11.

Troluce Capital Advisors LLC grew its position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 256.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,565,399 shares of the company's stock after acquiring an additional 2,565,399 shares during the quarter. Amentum makes up approximately 7.6% of Troluce Capital Advisors LLC's holdings, making the stock its 2nd largest position. Troluce Capital Advisors LLC owned 1.46% of Amentum worth $73,697,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in AMTM. Los Angeles Capital Management LLC acquired a new position in Amentum in the fourth quarter worth $26,000. Global Retirement Partners LLC acquired a new stake in shares of Amentum during the second quarter worth $31,000. Western Wealth Management LLC bought a new position in shares of Amentum in the 1st quarter worth about $33,000. NFSG Corp bought a new position in shares of Amentum in the 1st quarter worth about $35,000. Finally, Nykredit A S acquired a new position in shares of Amentum in the 2nd quarter valued at about $37,000. 39.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AMTM shares. UBS Group increased their price objective on shares of Amentum from $23.00 to $24.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 12th. The Goldman Sachs Group set a $24.00 target price on Amentum in a research note on Thursday, August 20th. JPMorgan Chase & Co. lowered their target price on Amentum from $31.00 to $26.00 and set a "neutral" rating for the company in a report on Monday, August 17th. BNP Paribas Exane started coverage on Amentum in a research report on Tuesday, May 26th. They set an "underperform" rating and a $22.00 price target on the stock. Finally, Wall Street Zen raised Amentum from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $29.18.

Amentum Stock Performance

Amentum stock opened at $20.11 on Friday. Amentum Holdings, Inc. has a 52-week low of $19.80 and a 52-week high of $38.11. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 0.58 and a beta of 0.26. The firm has a 50-day moving average price of $21.44 and a two-hundred day moving average price of $24.28.

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

Amentum Company 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.

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