Toronto Dominion Bank Has $210,000 Position in Amentum Holdings, Inc. (NYSE:AMTM)

Toronto Dominion Bank decreased its holdings in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) by 78.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,000 shares of the company's stock after selling 36,923 shares during the quarter. Toronto Dominion Bank's holdings in Amentum were worth $210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Amentum during the fourth quarter worth $938,000. Alpine Global Management LLC bought a new stake in shares of Amentum in the fourth quarter worth about $526,000. Vident Advisory LLC grew its position in shares of Amentum by 73.4% in the 4th quarter. Vident Advisory LLC now owns 15,263 shares of the company's stock valued at $321,000 after purchasing an additional 6,462 shares during the period. Westwood Holdings Group Inc. grew its position in shares of Amentum by 169.8% in the 4th quarter. Westwood Holdings Group Inc. now owns 28,890 shares of the company's stock valued at $608,000 after purchasing an additional 18,183 shares during the period. Finally, Tidal Investments LLC increased its stake in Amentum by 107.6% during the 4th quarter. Tidal Investments LLC now owns 49,457 shares of the company's stock worth $1,040,000 after purchasing an additional 25,630 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company's stock.

Amentum Stock Performance

Shares of Amentum stock traded up $2.00 on Tuesday, reaching $21.32. 4,941,957 shares of the company were exchanged, compared to its average volume of 2,768,728. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 1.02. Amentum Holdings, Inc. has a one year low of $16.01 and a one year high of $34.47. The company has a 50-day moving average of $19.93 and a 200 day moving average of $20.79.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMTM. Citizens Jmp assumed coverage on shares of Amentum in a report on Monday, May 12th. They issued an "outperform" rating and a $30.00 price target for the company. Truist Financial reduced their target price on shares of Amentum from $31.00 to $24.00 and set a "buy" rating for the company in a research note on Monday, April 14th. BTIG Research initiated coverage on Amentum in a report on Tuesday, April 15th. They issued a "buy" rating and a $30.00 price target on the stock. Royal Bank of Canada set a $24.00 price objective on Amentum and gave the stock a "sector perform" rating in a report on Wednesday, May 21st. Finally, Cantor Fitzgerald raised Amentum to a "hold" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $25.38.

Amentum Company Profile

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.