Amentum Holdings, Inc. (NYSE:AMTM) Holdings Raised by Country Club Bank

Country Club Bank increased its position in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 187.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93,752 shares of the company's stock after purchasing an additional 61,158 shares during the quarter. Country Club Bank's holdings in Amentum were worth $1,694,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Huntington National Bank acquired a new position in Amentum during the 4th quarter worth $30,000. Horizon Investments LLC acquired a new position in Amentum during the 4th quarter valued at about $36,000. FNY Investment Advisers LLC raised its position in shares of Amentum by 380.0% during the 1st quarter. FNY Investment Advisers LLC now owns 2,400 shares of the company's stock worth $43,000 after buying an additional 1,900 shares in the last quarter. National Bank of Canada FI lifted its stake in shares of Amentum by 31,328.6% in the 4th quarter. National Bank of Canada FI now owns 2,200 shares of the company's stock worth $46,000 after acquiring an additional 2,193 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in shares of Amentum in the fourth quarter valued at approximately $52,000. 39.93% of the stock is currently owned by institutional investors.

Amentum Trading Down 1.4%

AMTM opened at $23.68 on Friday. The stock has a fifty day moving average of $22.21 and a 200-day moving average of $20.83. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.56 and a current ratio of 1.56. Amentum Holdings, Inc. has a 12-month low of $16.01 and a 12-month high of $34.47.

Amentum (NYSE:AMTM - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.05. The business had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.44 billion. As a group, research analysts predict that Amentum Holdings, Inc. will post 2.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMTM shares. Morgan Stanley assumed coverage on Amentum in a research report on Wednesday, April 16th. They issued an "underweight" rating and a $19.00 target price for the company. Citizens Jmp began coverage on Amentum in a report on Monday, May 12th. They issued an "outperform" rating and a $30.00 price objective for the company. BTIG Research assumed coverage on Amentum in a report on Tuesday, April 15th. They set a "buy" rating and a $30.00 target price on the stock. Royal Bank Of Canada set a $24.00 price target on shares of Amentum and gave the company a "sector perform" rating in a report on Wednesday, May 21st. Finally, The Goldman Sachs Group initiated coverage on shares of Amentum in a research note on Thursday, March 20th. They issued a "neutral" rating and a $21.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $25.22.

About Amentum

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.

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