Amentum Holdings, Inc. $AMTM Stock Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 81.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,663 shares of the company’s stock after selling 116,311 shares during the period. Oppenheimer & Co. Inc.’s holdings in Amentum were worth $483,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in AMTM. BlackRock Inc. bought a new position in Amentum in the 2nd quarter valued at approximately $370,137,000. Primecap Management Co. CA bought a new stake in shares of Amentum in the 2nd quarter worth $253,941,000. Dimensional Fund Advisors LP increased its holdings in shares of Amentum by 106.6% in the 1st 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 in the last quarter. Troluce Capital Advisors LLC increased its holdings in shares of Amentum by 256.5% in the 2nd quarter. Troluce Capital Advisors LLC now owns 3,565,399 shares of the company’s stock worth $73,697,000 after purchasing an additional 2,565,399 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Amentum by 107.8% in the first quarter. Bank of America Corp DE now owns 2,405,041 shares of the company’s stock worth $62,723,000 after purchasing an additional 1,247,614 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

Amentum Stock Performance

Shares of AMTM opened at $21.31 on Friday. 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 Holdings, Inc. has a one year low of $17.72 and a one year high of $38.11. The firm has a market capitalization of $5.21 billion, a P/E ratio of 9.54, a PEG ratio of 0.60 and a beta of 0.15. The business has a fifty day moving average of $19.94 and a 200 day moving average of $24.32.

Amentum (NYSE:AMTM) last posted its earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.57 billion. Amentum had a return on equity of 12.19% and a net margin of 1.44%. Amentum’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 earnings per share. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, sell-side analysts anticipate that Amentum Holdings, Inc. will post 2.38 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Morgan Stanley set a $24.00 price objective on Amentum in a research report on Tuesday, August 11th. BTIG Research reduced their price objective on Amentum from $35.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, August 12th. JPMorgan Chase & Co. decreased their target price on Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a research report on Monday, August 17th. Finally, The Goldman Sachs Group set a $24.00 target price on Amentum in a research report on Thursday, August 20th. Five analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $28.91.

About Amentum

Amentum (NYSE: AMTM) is a government-focused engineering and technical services company that supports national security, defense, space, intelligence, energy and environmental missions. Its services include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, scientific research and testing, and mission support.

The company serves government customers in the United States and internationally, supporting complex programs and critical infrastructure across areas such as defense, nuclear security, aerospace, civil engineering and environmental remediation.