Amentum (NYSE:AMTM) Stock Rating Lowered by Wall Street Zen

Amentum (NYSE:AMTM) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a report released on Saturday.

A number of other research analysts also recently commented on AMTM. Cantor Fitzgerald lifted their price objective on shares of Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Morgan Stanley upgraded shares of Amentum from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $20.00 to $35.00 in a research note on Wednesday, November 26th. BTIG Research reiterated a “buy” rating and set a $35.00 price target on shares of Amentum in a report on Wednesday, February 11th. Truist Financial raised their price objective on Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. lifted their target price on Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.92.

Amentum Stock Performance

Shares of NYSE AMTM opened at $30.97 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a 50 day moving average price of $32.34 and a 200 day moving average price of $27.12. The stock has a market capitalization of $7.55 billion, a PE ratio of 77.42, a price-to-earnings-growth ratio of 0.91 and a beta of -0.01. Amentum has a 52 week low of $16.01 and a 52 week high of $38.11.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The company had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The business’s quarterly revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Analysts predict that Amentum will post 2.1 earnings per share for the current fiscal year.

Institutional Trading of Amentum

Hedge funds have recently added to or reduced their stakes in the company. IFM Investors Pty Ltd acquired a new position in Amentum in the 1st quarter valued at $411,000. US Bancorp DE boosted its position in shares of Amentum by 10.9% in the second quarter. US Bancorp DE now owns 26,122 shares of the company’s stock valued at $617,000 after acquiring an additional 2,564 shares during the period. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Amentum in the second quarter valued at about $352,000. CWM LLC grew its stake in shares of Amentum by 303.4% in the second quarter. CWM LLC now owns 17,482 shares of the company’s stock valued at $413,000 after acquiring an additional 13,148 shares in the last quarter. Finally, Yousif Capital Management LLC grew its stake in shares of Amentum by 22.7% in the second quarter. Yousif Capital Management LLC now owns 56,966 shares of the company’s stock valued at $1,345,000 after acquiring an additional 10,526 shares in the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.

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.