Brokerages Set Amentum Holdings, Inc. (NYSE:AMTM) PT at $32.00

Shares of Amentum Holdings, Inc. (NYSE:AMTM) have earned a consensus rating of “Hold” from the fourteen research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $32.00.

Several research firms have commented on AMTM. Royal Bank Of Canada reduced their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. BNP Paribas Exane started coverage on Amentum in a report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. Weiss Ratings upgraded Amentum from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Citizens Jmp reiterated a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a report on Monday, April 13th. Finally, Morgan Stanley started coverage on Amentum in a report on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 price target on the stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Los Angeles Capital Management LLC purchased a new position in shares of Amentum in the 4th quarter valued at $26,000. Western Wealth Management LLC purchased a new position in shares of Amentum in the 1st quarter valued at $33,000. Financial Consulate Inc. purchased a new position in shares of Amentum in the 4th quarter valued at $38,000. Salomon & Ludwin LLC increased its holdings in shares of Amentum by 98.6% in the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after acquiring an additional 648 shares during the period. Finally, NFSG Corp purchased a new position in shares of Amentum in the 1st quarter valued at $35,000. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Trading Down 0.1%

AMTM opened at $21.64 on Friday. The stock’s fifty day moving average is $24.30 and its two-hundred day moving average is $28.38. The company has a market capitalization of $5.29 billion, a P/E ratio of 36.06, a PEG ratio of 0.63 and a beta of 0.27. Amentum has a 52 week low of $20.99 and a 52 week high of $38.11. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Amentum (NYSE:AMTM) last released its quarterly earnings data on Monday, May 11th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. The company had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.Amentum’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the business posted $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Analysts forecast that Amentum will post 2.36 earnings per share for the current year.

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.