Amentum (NYSE:AMTM) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of Amentum (NYSE:AMTM) from a buy rating to a hold rating in a report issued on Saturday morning.

AMTM has been the subject of a number of other research reports. Citizens Jmp increased their price target on shares of Amentum from $35.00 to $40.00 and gave the company a “market outperform” rating in a research note on Monday, January 12th. Royal Bank Of Canada boosted their price objective on shares of Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 11th. UBS Group raised their target price on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Truist Financial lifted their price target on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, BTIG Research reissued a “buy” rating and set a $35.00 price target on shares of Amentum in a research report on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Stock Down 2.5%

AMTM stock opened at $25.19 on Friday. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 62.97, a P/E/G ratio of 0.76 and a beta of 0.25. Amentum has a twelve month low of $16.01 and a twelve month high of $38.11. The business has a 50 day moving average price of $31.12 and a two-hundred day moving average price of $27.99. 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 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. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The company had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.32 billion. 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 anticipate that Amentum will post 2.1 EPS for the current fiscal year.

Institutional Trading of Amentum

A number of hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV bought a new position in Amentum during the 4th quarter worth $453,000. Mackenzie Financial Corp acquired a new stake in shares of Amentum during the fourth quarter worth $453,000. Utah Retirement Systems bought a new stake in shares of Amentum in the fourth quarter valued at about $242,000. Symmetry Investments LP bought a new stake in shares of Amentum in the fourth quarter valued at about $290,000. Finally, Susquehanna Fundamental Investments LLC grew its stake in shares of Amentum by 304.8% in the fourth quarter. Susquehanna Fundamental Investments LLC now owns 219,931 shares of the company’s stock valued at $6,378,000 after acquiring an additional 165,594 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

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.