SG Americas Securities LLC Reduces Position in Amentum Holdings, Inc. $AMTM

SG Americas Securities LLC trimmed its position in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 20.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 274,602 shares of the company’s stock after selling 70,739 shares during the period. SG Americas Securities LLC’s holdings in Amentum were worth $7,162,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new stake in Amentum in the fourth quarter worth about $26,000. Financial Consulate Inc. bought a new position in shares of Amentum during the fourth quarter valued at approximately $38,000. Sound Income Strategies LLC raised its holdings in shares of Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after buying an additional 425 shares during the period. Salomon & Ludwin LLC raised its holdings in shares of Amentum by 98.6% in the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock worth $41,000 after buying an additional 648 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Amentum by 433.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after acquiring an additional 1,474 shares during the last quarter. 39.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. Morgan Stanley assumed coverage on Amentum in a research note on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 target price on the stock. BTIG Research reiterated a “buy” rating and set a $35.00 target price on shares of Amentum in a research report on Thursday, May 14th. Citizens Jmp reissued a “market outperform” rating and set a $40.00 target price on shares of Amentum in a research note on Monday, April 13th. Finally, BNP Paribas Exane initiated coverage on shares of Amentum in a report on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Amentum has a consensus rating of “Hold” and an average target price of $32.00.

Amentum Price Performance

Shares of AMTM stock opened at $20.25 on Friday. Amentum Holdings, Inc. has a 1-year low of $19.80 and a 1-year high of $38.11. The stock’s 50-day moving average is $23.64 and its 200 day moving average is $28.09. The company has a market cap of $4.95 billion, a P/E ratio of 33.75, a PEG ratio of 0.59 and a beta of 0.27. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48.

Amentum (NYSE:AMTM) last announced its earnings results on Monday, May 11th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates 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 1.04% and a return on equity of 11.74%. The firm’s revenue was down .4% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts predict that Amentum Holdings, Inc. will post 2.36 earnings per share for the current fiscal year.

Amentum Company 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.