Amentum (NYSE:AMTM) Releases FY 2026 Earnings Guidance

Amentum (NYSE:AMTM) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.250-2.450 for the period, compared to the consensus estimate of 2.390. The company issued revenue guidance of $14.0 billion-$14.3 billion, compared to the consensus revenue estimate of $14.1 billion.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 11th. Citizens Jmp reiterated a “market outperform” rating and issued a $40.00 target price on shares of Amentum in a research report on Monday, April 13th. Weiss Ratings downgraded shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. Truist Financial boosted their price target on shares of Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Wall Street Zen downgraded shares of Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $34.91.

Amentum Trading Down 2.4%

Amentum stock traded down $0.59 during mid-day trading on Monday, hitting $23.94. The company’s stock had a trading volume of 5,081,295 shares, compared to its average volume of 2,028,905. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 59.86, a price-to-earnings-growth ratio of 0.72 and a beta of 0.43. The business has a 50 day moving average price of $27.42 and a 200-day moving average price of $28.55. Amentum has a 12 month low of $19.11 and a 12 month high of $38.11.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.47 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, analysts forecast that Amentum will post 2.34 EPS for the current year.

Hedge Funds Weigh In On Amentum

Several hedge funds and other institutional investors have recently modified their holdings of the company. Maryland State Retirement & Pension System raised its stake in shares of Amentum by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock valued at $867,000 after acquiring an additional 462 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Amentum by 4.6% during the fourth quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock valued at $425,000 after acquiring an additional 638 shares during the last quarter. HM Payson & Co. raised its stake in shares of Amentum by 58.3% during the fourth quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock valued at $56,000 after acquiring an additional 715 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Amentum during the fourth quarter valued at about $26,000. Finally, North Growth Management Ltd. raised its stake in shares of Amentum by 1.0% during the fourth quarter. North Growth Management Ltd. now owns 98,000 shares of the company’s stock valued at $2,835,000 after acquiring an additional 1,000 shares during the last quarter. 39.93% of the stock is owned by institutional investors.

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.