Amentum (NYSE:AMTM) Price Target Cut to $28.00 by Analysts at Royal Bank Of Canada

Amentum (NYSE:AMTM) had its target price cut by Royal Bank Of Canada from $35.00 to $28.00 in a research note released on Wednesday morning, Marketbeat.com reports. They currently have a sector perform rating on the stock.

A number of other brokerages have also recently commented on AMTM. Morgan Stanley assumed coverage on Amentum in a research report on Wednesday. They issued an “equal weight” rating and a $30.00 price target on the stock. UBS Group boosted their price target on Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. BTIG Research reissued a “buy” rating and issued a $35.00 price target on shares of Amentum in a research report on Wednesday, February 11th. Citizens Jmp reissued a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a research report on Monday, April 13th. Finally, Truist Financial reissued a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a research report on Tuesday. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $33.18.

Amentum Stock Performance

Shares of AMTM opened at $23.17 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The business’s 50 day moving average price is $26.93 and its 200-day moving average price is $28.58. Amentum has a 52 week low of $19.11 and a 52 week high of $38.11. The stock has a market cap of $5.65 billion, a P/E ratio of 38.62, a P/E/G ratio of 0.71 and a beta of 0.43.

Amentum (NYSE:AMTM) last issued its quarterly 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. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The firm had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same period in the previous year, the firm posted $0.53 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts anticipate that Amentum will post 2.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amentum

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMTM. Legacy Advisors LLC bought a new position in Amentum in the 4th quarter valued at approximately $284,614,000. Focus Partners Wealth lifted its position in Amentum by 8,467.6% in the 4th quarter. Focus Partners Wealth now owns 2,794,417 shares of the company’s stock valued at $81,038,000 after acquiring an additional 2,761,801 shares in the last quarter. Invesco Ltd. lifted its position in Amentum by 13.0% in the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock valued at $529,698,000 after acquiring an additional 2,539,594 shares in the last quarter. Norges Bank bought a new position in Amentum in the 4th quarter valued at approximately $66,529,000. Finally, Dimensional Fund Advisors LP lifted its position in Amentum by 106.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company’s stock valued at $98,767,000 after acquiring an additional 1,954,494 shares in the last quarter. 39.93% of the stock is owned by institutional investors.

Amentum News Roundup

Here are the key news stories impacting Amentum this week:

• Positive Sentiment: Amentum’s Q2 2026 earnings call was highlighted as showing strong growth, steady execution, and a strong backlog, which supports visibility for future revenue and cash flow. Amentum Holdings Signals Steady Growth and Strong Backlog
• Positive Sentiment: BTIG’s Andre Madrid reiterated a Buy rating and $35 price target, citing strong execution, cash generation, and deleveraging that could drive double-digit EPS and free cash flow growth. Andre Madrid Reaffirms Buy on Amentum
• Neutral Sentiment: Morgan Stanley initiated coverage with an Equal Weight rating and a $30 target, signaling a neutral stance but still implying upside from current levels.
• Neutral Sentiment: Royal Bank of Canada lowered its price target to $28 from $35 and kept a Sector Perform rating, reflecting more cautious expectations rather than a clear negative thesis. RBC lowers Amentum price target
• Neutral Sentiment: Recent reporting also noted Q1 sales came in line with estimates, suggesting operating performance remains stable but not a major surprise for investors. Amentum posts Q1 CY2026 sales in line with estimates

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.