Amentum Holdings, Inc. $AMTM Stock Sold by Segra Capital Management LLC

Key Points

• Segra Capital Management cut its Amentum stake by 65.4% in the third quarter, selling 1.46 million shares and retaining 774,867 shares valued at approximately $14.0 million.
• Amentum shares opened at $21.64, well below their 52-week high of $38.11. The company recently beat quarterly EPS expectations, but revenue declined 2% year over year and management guided to fiscal 2026 EPS of $2.40–$2.50.
• Analyst sentiment remains mixed, with five Buy, six Hold and two Sell ratings, producing a consensus Hold rating and a $28.91 price target.

Segra Capital Management LLC reduced its position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 65.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 774,867 shares of the company's stock after selling 1,463,023 shares during the period. Amentum comprises 1.3% of Segra Capital Management LLC's portfolio, making the stock its 10th largest position. Segra Capital Management LLC's holdings in Amentum were worth $14,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AMTM. Stephens Inc. AR increased its stake in Amentum by 3.7% during the 1st quarter. Stephens Inc. AR now owns 23,395 shares of the company's stock worth $610,000 after buying an additional 840 shares during the period. PFG Investments LLC boosted its position in Amentum by 9.6% in the 1st quarter. PFG Investments LLC now owns 10,332 shares of the company's stock valued at $269,000 after buying an additional 909 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Amentum by 8.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 13,674 shares of the company's stock valued at $357,000 after buying an additional 1,051 shares during the last quarter. Algert Global LLC boosted its position in Amentum by 1.2% in the 2nd quarter. Algert Global LLC now owns 102,220 shares of the company's stock valued at $2,113,000 after buying an additional 1,210 shares during the last quarter. Finally, Western Wealth Management LLC acquired a new stake in shares of Amentum during the first quarter valued at about $33,000. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Price Performance

Shares of AMTM stock opened at $21.64 on Thursday. The firm has a market cap of $5.29 billion, a P/E ratio of 26.07, a P/E/G ratio of 0.59 and a beta of 0.31. 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 Holdings, Inc. has a 1-year low of $17.72 and a 1-year high of $38.11. The firm has a fifty day moving average of $19.78 and a two-hundred day moving average of $24.69.

Amentum (NYSE:AMTM - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.67 earnings per share (EPS) for the quarter, beating 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 business 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 company's revenue for the quarter was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, research analysts anticipate that Amentum Holdings, Inc. will post 2.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wall Street Zen raised Amentum from a "hold" rating to a "buy" rating in a research report on Sunday, September 20th. BTIG Research cut their price target on Amentum from $35.00 to $30.00 and set a "buy" rating on the stock in a research note on Wednesday, August 12th. Morgan Stanley set a $24.00 price target on Amentum in a report on Tuesday, August 11th. Zacks Research lowered Amentum from a "hold" rating to a "strong sell" rating in a research note on Thursday, October 1st. Finally, BNP Paribas Exane upgraded Amentum from an "underperform" rating to a "neutral" rating and lowered their price objective for the company from $21.00 to $20.00 in a research note on Tuesday, October 6th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $28.91.

About Amentum

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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