Moore Capital Management LP Sells 203,706 Shares of Amentum Holdings, Inc. $AMTM

Moore Capital Management LP trimmed its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 33.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 407,417 shares of the company’s stock after selling 203,706 shares during the quarter. Moore Capital Management LP’s holdings in Amentum were worth $9,758,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMTM. Blue Trust Inc. boosted its stake in shares of Amentum by 116.5% during the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after acquiring an additional 648 shares in the last quarter. Mather Group LLC. acquired a new position in shares of Amentum during the 3rd quarter valued at about $32,000. Smartleaf Asset Management LLC raised its stake in shares of Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after acquiring an additional 1,474 shares in the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in Amentum in the 3rd quarter worth approximately $45,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in Amentum in the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Stock Down 1.8%

Shares of AMTM stock opened at $27.41 on Tuesday. Amentum Holdings, Inc. has a 12 month low of $16.01 and a 12 month high of $38.11. The firm has a market cap of $6.69 billion, a PE ratio of 68.53, a price-to-earnings-growth ratio of 0.82 and a beta of 0.25. The stock has a 50 day moving average of $32.51 and a 200-day moving average of $27.83. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84.

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

Analyst Ratings Changes

Several equities analysts have commented on the company. Bank of America increased their price target on Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, December 31st. Cantor Fitzgerald raised their target price on shares of Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada lifted their target price on shares of Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 11th. BTIG Research reissued a “buy” rating and set a $35.00 target price on shares of Amentum in a research report on Wednesday, February 11th. Finally, Wall Street Zen upgraded shares of Amentum from a “hold” rating to a “buy” rating in a report on Saturday. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $34.91.

About Amentum

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.