Amentum Holdings, Inc. (NYSE:AMTM) Stock Has Consensus Price Target of $29.18

Shares of Amentum Holdings, Inc. (NYSE:AMTM) have been given a consensus recommendation of “Hold” by the thirteen research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $29.18.

A number of analysts have recently issued reports on the stock. BTIG Research dropped their price target on shares of Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. The Goldman Sachs Group set a $24.00 price objective on shares of Amentum in a report on Thursday, August 20th. UBS Group increased their price objective on shares of Amentum from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Wall Street Zen upgraded shares of Amentum from a “hold” rating to a “buy” rating in a report on Sunday, September 20th. Finally, Royal Bank Of Canada cut their target price on shares of Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 12th.

Hedge Funds Weigh In On Amentum

A number of institutional investors and hedge funds have recently modified their holdings of AMTM. BlackRock Inc. purchased a new stake in Amentum during the second quarter valued at $370,137,000. Primecap Management Co. CA purchased a new position in Amentum in the second quarter worth about $253,941,000. Dimensional Fund Advisors LP boosted its position in Amentum by 106.6% in the first quarter. Dimensional Fund Advisors LP now owns 3,787,420 shares of the company’s stock worth $98,767,000 after purchasing an additional 1,954,494 shares during the last quarter. Troluce Capital Advisors LLC grew its stake in shares of Amentum by 256.5% during the 2nd quarter. Troluce Capital Advisors LLC now owns 3,565,399 shares of the company’s stock valued at $73,697,000 after purchasing an additional 2,565,399 shares during the period. Finally, Focus Partners Wealth grew its stake in shares of Amentum by 8,467.6% during the 4th quarter. Focus Partners Wealth now owns 2,794,417 shares of the company’s stock valued at $81,038,000 after purchasing an additional 2,761,801 shares during the period. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Trading Down 1.0%

Shares of NYSE:AMTM opened at $19.21 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. Amentum has a 1 year low of $19.01 and a 1 year high of $38.11. The company has a market cap of $4.70 billion, a P/E ratio of 23.14, a PEG ratio of 0.55 and a beta of 0.26. The stock’s fifty day moving average price is $21.10 and its 200-day moving average price is $23.15.

Amentum (NYSE:AMTM) last released its quarterly earnings data on Monday, August 10th. The company reported $0.67 EPS for the quarter, topping 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 company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same period last year, the company earned $0.56 EPS. Amentum’s revenue for the quarter was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Sell-side analysts expect that Amentum will post 2.38 earnings per share for the current year.

About Amentum

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.