Amentum (NYSE:AMTM) Sets New 52-Week Low - Here's What Happened

Key Points

• Amentum shares fell to a new 52-week low of $19.13 during Friday trading, down 1.7%, with the stock below its 50-day and 200-day moving averages.
• Analyst sentiment is mixed: five analysts rate the stock a Buy, seven recommend Hold and one rates it Sell. The consensus rating is Hold, with an average price target of $29.18.
• Amentum exceeded quarterly EPS expectations at $0.67 versus $0.61, but revenue declined 2% year over year to $3.49 billion, below estimates. The company issued fiscal 2026 EPS guidance of $2.40–$2.50.

Amentum Holdings, Inc. (NYSE:AMTM - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday. The company traded as low as $19.13 and last traded at $19.1560, with a volume of 94882 shares. The stock had previously closed at $19.40.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AMTM shares. BTIG Research lowered their price target on shares of Amentum from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Morgan Stanley set a $24.00 target price on shares of Amentum in a report on Tuesday, August 11th. Zacks Research cut shares of Amentum from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 19th. UBS Group lifted their target price on Amentum from $23.00 to $24.00 and gave the company a "neutral" rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Amentum from $31.00 to $26.00 and set a "neutral" rating for the company in a research report on Monday, August 17th. 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 stock. According to MarketBeat, Amentum has a consensus rating of "Hold" and a consensus target price of $29.18.

Amentum Stock Down 1.7%

The firm has a market cap of $4.66 billion, a PE ratio of 23.05, a price-to-earnings-growth ratio of 0.57 and a beta of 0.26. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average price of $21.13 and a two-hundred day moving average price of $23.18.

Amentum (NYSE:AMTM - Get Free Report) last released its 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 analyst estimates of $3.57 billion. During the same period last year, the business posted $0.56 earnings per share. Amentum's 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. On average, equities research analysts expect that Amentum Holdings, Inc. will post 2.38 EPS for the current year.

Institutional Trading of Amentum

Large investors have recently made changes to their positions in the company. Security National Bank of Sioux City Iowa IA raised its holdings in Amentum by 31.3% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company's stock valued at $482,000 after acquiring an additional 5,565 shares in the last quarter. WINTON GROUP Ltd increased its holdings in shares of Amentum by 5.2% in the 2nd quarter. WINTON GROUP Ltd now owns 58,393 shares of the company's stock valued at $1,207,000 after acquiring an additional 2,893 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Amentum in the 2nd quarter valued at about $50,000. Mraz Amerine & Associates Inc. raised its position in shares of Amentum by 25.3% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 90,200 shares of the company's stock worth $1,864,000 after acquiring an additional 18,215 shares in the last quarter. Finally, Nykredit A S purchased a new stake in Amentum during the second quarter worth approximately $37,000. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Company Profile

Amentum NYSE: AMTM is a global engineering and technical services company that provides mission support to government and commercial customers. Its capabilities include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, intelligence analysis, and professional services.

The company supports customers across the defense, intelligence, space, civilian government, energy, environmental, and industrial markets. Its work includes maintaining and modernizing critical infrastructure and complex platforms, supporting national security missions, managing nuclear and environmental programs, and providing technical services for space and other advanced technology programs.

Amentum was established through the combination of Amentum and Jacobs' Critical Mission Solutions and Cyber and Intelligence businesses, which was completed in 2024.

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