Bryn Mawr Trust Advisors LLC Invests $2.92 Million in Amentum Holdings, Inc. $AMTM

Key Points

• Bryn Mawr Trust Advisors acquired 141,443 Amentum shares worth approximately $2.92 million, giving it a 0.06% stake. Institutional investors and hedge funds collectively own 39.93% of the company.
• Amentum reported quarterly EPS of $0.67, beating estimates of $0.61, while revenue of $3.49 billion fell short of the $3.57 billion consensus and declined 2% year over year.
• Shares opened at $21.49, near the lower end of their 52-week range. Analysts maintain a “Moderate Buy” consensus with an average price target of $30.18.

Bryn Mawr Trust Advisors LLC acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 141,443 shares of the company's stock, valued at approximately $2,924,000. Bryn Mawr Trust Advisors LLC owned approximately 0.06% of Amentum at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMTM. Legacy Advisors LLC bought a new stake in shares of Amentum in the fourth quarter valued at about $284,614,000. Focus Partners Wealth boosted 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 last quarter. Invesco Ltd. boosted its position in Amentum by 13.0% during the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company's stock worth $529,698,000 after acquiring an additional 2,539,594 shares during the last quarter. Norges Bank bought a new position in shares of Amentum during the 4th quarter worth approximately $66,529,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Amentum by 106.6% in the first quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company's stock valued at $98,767,000 after purchasing an additional 1,954,494 shares during the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.

Amentum Trading Down 0.8%

Shares of NYSE:AMTM opened at $21.49 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 market capitalization of $5.25 billion, a P/E ratio of 25.89, a price-to-earnings-growth ratio of 0.63 and a beta of 0.30. The company has a 50-day simple moving average of $21.79 and a 200 day simple moving average of $25.78. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.52.

Amentum (NYSE:AMTM - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, topping 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 return on equity of 12.19% and a net margin of 1.44%.The business's revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous 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 forecast that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Morgan Stanley set a $24.00 target price on shares of Amentum in a research report on Tuesday. Royal Bank Of Canada decreased their price objective on Amentum from $28.00 to $26.00 and set a "sector perform" rating for the company in a report on Wednesday. UBS Group upped their target price on Amentum from $23.00 to $24.00 and gave the stock a "neutral" rating in a report on Wednesday. Wall Street Zen upgraded Amentum from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Weiss Ratings cut Amentum from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $30.18.

About Amentum

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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