Royce & Associates LP Purchases 40,786 Shares of Amentum Holdings, Inc. $AMTM

Royce & Associates LP grew its position in Amentum Holdings, Inc. (NYSE:AMTM) by 9.0% during the fourth quarter, HoldingsChannel reports. The firm owned 495,286 shares of the company’s stock after buying an additional 40,786 shares during the period. Royce & Associates LP’s holdings in Amentum were worth $14,363,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC boosted its stake in shares of Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 425 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Amentum by 35.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $54,000 after purchasing an additional 481 shares during the last quarter. BCS Private Wealth Management Inc. boosted its stake in shares of Amentum by 5.0% in the 4th quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock valued at $348,000 after purchasing an additional 575 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Amentum by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock valued at $1,018,000 after purchasing an additional 600 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Amentum by 4.6% in the 4th quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock valued at $425,000 after purchasing an additional 638 shares during the last quarter. 39.93% of the stock is owned by institutional investors.

Amentum Stock Up 1.0%

Amentum stock opened at $23.14 on Thursday. 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 Holdings, Inc. has a 12-month low of $19.11 and a 12-month high of $38.11. The firm’s fifty day moving average is $25.67 and its 200 day moving average is $28.65. The company has a market capitalization of $5.65 billion, a PE ratio of 38.57, a PEG ratio of 0.68 and a beta of 0.43.

Amentum (NYSE:AMTM) last released its earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The company had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the previous year, the company earned $0.53 EPS. Amentum’s quarterly revenue was down .4% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, sell-side analysts predict that Amentum Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. BNP Paribas Exane assumed coverage on shares of Amentum in a research note on Tuesday. They issued an “underperform” rating and a $22.00 price objective on the stock. Truist Financial reiterated a “buy” rating and set a $35.00 target price (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Citizens Jmp reiterated a “market outperform” rating and set a $40.00 target price on shares of Amentum in a research report on Monday, April 13th. Wall Street Zen upgraded shares of Amentum from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Weiss Ratings upgraded shares of Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $32.00.

Amentum 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.