Amentum (NYSE:AMTM) Issues Quarterly Earnings Results

Amentum (NYSE:AMTM) announced its quarterly earnings results on Monday. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06, FiscalAI reports. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. Amentum updated its FY 2026 guidance to 2.400-2.500 EPS.

Amentum Trading Down 1.4%

Amentum stock traded down $0.35 during midday trading on Monday, hitting $24.42. 2,689,715 shares of the stock were exchanged, compared to its average volume of 2,015,453. The stock has a market capitalization of $5.97 billion, a PE ratio of 40.70, a P/E/G ratio of 0.72 and a beta of 0.30. The company has a fifty day simple moving average of $21.87 and a two-hundred day simple moving average of $26.15. 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 has a 52 week low of $19.80 and a 52 week high of $38.11.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Morgan Stanley started coverage on shares of Amentum in a research report on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 target price on the stock. BTIG Research reaffirmed a “buy” rating and issued a $35.00 target price on shares of Amentum in a report on Thursday, May 14th. Bank of America dropped their price objective on shares of Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Weiss Ratings lowered Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, June 23rd. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $40.00 price objective on shares of Amentum in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given 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 price target of $32.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMTM. Invesco Ltd. boosted its stake in shares of Amentum by 13.0% during the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after buying an additional 2,539,594 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Amentum during the second quarter worth about $32,576,000. AQR Capital Management LLC boosted its position in Amentum by 778.9% during the fourth quarter. AQR Capital Management LLC now owns 1,452,049 shares of the company’s stock valued at $42,109,000 after purchasing an additional 1,286,844 shares during the last quarter. Verition Fund Management LLC boosted its position in Amentum by 1,128.0% during the third quarter. Verition Fund Management LLC now owns 1,135,626 shares of the company’s stock valued at $27,198,000 after purchasing an additional 1,043,145 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Amentum by 40.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,832,926 shares of the company’s stock valued at $53,157,000 after purchasing an additional 526,875 shares in the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.

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.