AWH Capital L.P. Takes Position in Amentum Holdings, Inc. $AMTM

Key Points

• AWH Capital initiated a position in Amentum Holdings by acquiring 235,250 shares worth approximately $4.86 million, while institutional investors overall own 39.93% of the company.
• Analysts maintain a broadly cautious outlook, with five Buy, seven Hold and one Sell rating; the stock has an average rating of Hold and a consensus price target of $29.18.
• Amentum recently beat quarterly EPS expectations, reporting $0.67 versus the $0.61 consensus, but revenue declined 2% year over year to $3.49 billion. Shares opened at $20.33, near the company’s 12-month low of $19.80.

AWH Capital L.P. acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 235,250 shares of the company's stock, valued at approximately $4,862,618. Amentum comprises 0.0% of AWH Capital L.P.'s portfolio, making the stock its 15th biggest position. AWH Capital L.P. owned about 0.10% of Amentum at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AMTM. BlackRock Inc. acquired a new stake in Amentum during the 2nd quarter worth approximately $370,137,000. Primecap Management Co. CA acquired a new stake in Amentum during the 2nd quarter worth approximately $253,941,000. Focus Partners Wealth lifted its position in Amentum by 8,467.6% during the 4th quarter. Focus Partners Wealth now owns 2,794,417 shares of the company's stock worth $81,038,000 after acquiring an additional 2,761,801 shares during the period. Invesco Ltd. raised its holdings in Amentum by 13.0% during the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company's stock worth $529,698,000 after purchasing an additional 2,539,594 shares during the last quarter. Finally, Norges Bank acquired a new position in Amentum during the fourth quarter worth $66,529,000. Hedge funds and other institutional investors own 39.93% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AMTM. BNP Paribas Exane began coverage on Amentum in a research report on Tuesday, May 26th. They set an "underperform" rating and a $22.00 price target for the company. Royal Bank Of Canada dropped their price target on Amentum from $28.00 to $26.00 and set a "sector perform" rating for the company in a research report on Wednesday, August 12th. Weiss Ratings downgraded Amentum from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, June 23rd. Truist Financial reaffirmed a "buy" rating and issued a $35.00 price objective (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Finally, The Goldman Sachs Group set a $24.00 price objective on Amentum in a research report on Thursday, August 20th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $29.18.

Amentum Price Performance

AMTM stock opened at $20.33 on Friday. The stock has a 50-day moving average price of $21.49 and a two-hundred day moving average price of $24.69. Amentum Holdings, Inc. has a 12-month low of $19.80 and a 12-month high of $38.11. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79. The company has a market cap of $4.97 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 0.59 and a beta of 0.30.

Amentum (NYSE:AMTM - Get Free Report) last posted its quarterly 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 return on equity of 12.19% and a net margin of 1.44%.The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the previous year, the business earned $0.56 earnings per share. The firm's quarterly 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, research analysts predict that Amentum Holdings, Inc. will post 2.38 EPS for the current year.

Amentum 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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