M&T Bank Corp Acquires 454,305 Shares of Amentum Holdings, Inc. $AMTM

Key Points

• M&T Bank Corp increased its stake in Amentum (NYSE:AMTM) by 5,325.3% in Q4, buying 454,305 shares to hold 462,836 shares (about 0.19% of the company) valued at $13.42 million.
• Amentum reported Q results with EPS of $0.54 (beating estimates by $0.02) while revenue fell 5.2% year‑over‑year, and management set FY2026 EPS guidance of 2.25–2.45 (consensus ~2.34).
• Analysts are mixed: the consensus rating is a Hold with a $34.91 target, despite recent target increases and buy calls from firms like Truist and RBC.

M&T Bank Corp grew its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 5,325.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 462,836 shares of the company's stock after buying an additional 454,305 shares during the quarter. M&T Bank Corp owned 0.19% of Amentum worth $13,422,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. grew its stake in shares of Amentum by 116.5% during the third quarter. Blue Trust Inc. now owns 1,204 shares of the company's stock valued at $29,000 after buying an additional 648 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of Amentum during the fourth quarter valued at about $38,000. Salomon & Ludwin LLC grew its stake in shares of Amentum by 98.6% during the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company's stock valued at $41,000 after buying an additional 648 shares during the last quarter. Mather Group LLC. bought a new position in shares of Amentum during the third quarter valued at about $32,000. Finally, Sound Income Strategies LLC grew its stake in shares of Amentum by 45.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company's stock valued at $40,000 after buying an additional 425 shares during the last quarter. 39.93% of the stock is owned by institutional investors.

Amentum Stock Performance

NYSE:AMTM opened at $26.87 on Friday. The stock has a market cap of $6.55 billion, a P/E ratio of 67.18, a price-to-earnings-growth ratio of 0.82 and a beta of 0.59. The firm's fifty day simple moving average is $28.27 and its 200 day simple moving average is $28.40. Amentum Holdings, Inc. has a twelve month low of $19.11 and a twelve month high of $38.11. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84.

Amentum (NYSE:AMTM - Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. The business had revenue of $3.24 billion for the quarter, compared to analysts' expectations of $3.32 billion. Amentum had a return on equity of 11.56% and a net margin of 0.69%.Amentum's revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, research analysts predict that Amentum Holdings, Inc. will post 2.34 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Citigroup reaffirmed an "outperform" rating on shares of Amentum in a research note on Monday, January 12th. Royal Bank Of Canada raised their target price on shares of Amentum from $30.00 to $35.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 11th. Truist Financial raised their target price on shares of Amentum from $34.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday, January 14th. Weiss Ratings restated a "hold (c-)" rating on shares of Amentum in a report on Monday, December 29th. Finally, Wall Street Zen cut shares of Amentum from a "buy" rating to a "hold" rating in a report on Saturday, March 28th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $34.91.

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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