Amentum (NYSE:AMTM) Raised to Buy at Wall Street Zen

Amentum (NYSE:AMTM) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Sunday, Wall Street Zen reports.

A number of other research analysts have also recently commented on the company. Royal Bank Of Canada lowered their price target on Amentum from $28.00 to $26.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 12th. BNP Paribas Exane started coverage on shares of Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. JPMorgan Chase & Co. lowered their target price on shares of Amentum from $31.00 to $26.00 and set a “neutral” rating on the stock in a report on Monday, August 17th. Zacks Research lowered shares of Amentum from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Finally, Weiss Ratings cut shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, June 23rd. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Amentum has a consensus rating of “Hold” and an average target price of $29.18.

Amentum Trading Up 1.7%

Shares of AMTM stock opened at $19.94 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a fifty day simple moving average of $21.19 and a two-hundred day simple moving average of $23.41. The firm has a market capitalization of $4.88 billion, a PE ratio of 24.02, a PEG ratio of 0.57 and a beta of 0.26. Amentum has a 52-week low of $19.21 and a 52-week high of $38.11.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Amentum had a return on equity of 12.19% and a net margin of 1.44%.The business had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.57 billion. During the same period in the previous year, the business earned $0.56 earnings per share. The business’s revenue was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. On average, analysts predict that Amentum will post 2.38 EPS for the current fiscal year.

Institutional Trading of Amentum

Large investors have recently added to or reduced their stakes in the company. Security National Bank of Sioux City Iowa IA boosted its position in shares of Amentum by 31.3% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company’s stock valued at $482,000 after acquiring an additional 5,565 shares during the last quarter. WINTON GROUP Ltd raised its stake in Amentum by 5.2% during the second quarter. WINTON GROUP Ltd now owns 58,393 shares of the company’s stock valued at $1,207,000 after purchasing an additional 2,893 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Amentum during the second quarter valued at $50,000. Mraz Amerine & Associates Inc. lifted its position in Amentum by 25.3% during the second quarter. Mraz Amerine & Associates Inc. now owns 90,200 shares of the company’s stock valued at $1,864,000 after purchasing an additional 18,215 shares during the last quarter. Finally, Nykredit A S purchased a new position in shares of Amentum in the 2nd quarter worth $37,000. Institutional investors own 39.93% of the company’s stock.

Amentum Company Profile

Amentum (NYSE: AMTM) is a global engineering and technical services company that provides mission support to government and commercial customers. Its capabilities include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, intelligence analysis, and professional services.

The company supports customers across the defense, intelligence, space, civilian government, energy, environmental, and industrial markets. Its work includes maintaining and modernizing critical infrastructure and complex platforms, supporting national security missions, managing nuclear and environmental programs, and providing technical services for space and other advanced technology programs.

Amentum was established through the combination of Amentum and Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, which was completed in 2024.