Jupiter Topco LLC Invests $1.43 Million in Amentum Holdings, Inc. $AMTM

Key Points

• Jupiter Topco LLC acquired 69,400 Amentum shares during the second quarter, valued at approximately $1.43 million. Institutional investors and hedge funds collectively own 39.93% of the company.
• Analyst sentiment is mixed, with five Buy, seven Hold and one Sell rating. Amentum has a consensus rating of Hold and an average price target of $29.18.
• Amentum beat quarterly earnings estimates with adjusted EPS of $0.67 versus $0.61 expected, although revenue of $3.49 billion declined 2% year over year and missed estimates.

Jupiter Topco LLC acquired a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 69,400 shares of the company's stock, valued at approximately $1,433,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new position in shares of Amentum in the 4th quarter worth $26,000. Western Wealth Management LLC purchased a new position in Amentum in the 1st quarter worth about $33,000. NFSG Corp purchased a new position in Amentum in the 1st quarter worth about $35,000. Global Retirement Partners LLC acquired a new stake in Amentum during the 2nd quarter worth about $31,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in Amentum during the 4th quarter worth about $48,000. 39.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMTM. BTIG Research decreased their price objective on Amentum from $35.00 to $30.00 and set a "buy" 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 report on Tuesday, June 23rd. Bank of America decreased their price target on shares of Amentum from $35.00 to $30.00 and set a "neutral" rating for the company in a report on Monday, July 20th. Zacks Research downgraded shares of Amentum from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 19th. Finally, Morgan Stanley set a $24.00 price objective on shares of Amentum in a research note on Tuesday, August 11th. Five 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $29.18.

Amentum Stock Performance

Shares of NYSE:AMTM opened at $20.11 on Friday. The stock has a market capitalization of $4.92 billion, a PE ratio of 24.23, a P/E/G ratio of 0.58 and a beta of 0.26. Amentum Holdings, Inc. has a 1 year low of $19.80 and a 1 year high of $38.11. The firm has a fifty day moving average price of $21.44 and a 200 day moving average price of $24.28. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79.

Amentum (NYSE:AMTM - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.67 earnings per share 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 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 period last year, the company earned $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Analysts expect that Amentum Holdings, Inc. will post 2.38 EPS for the current fiscal 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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