Amentum Target of Unusually High Options Trading (NYSE:AMTM)

Amentum Holdings, Inc. (NYSE:AMTM) saw unusually large options trading on Tuesday. Investors bought 10,486 call options on the company. This represents an increase of approximately 231% compared to the average daily volume of 3,165 call options.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Cantor Fitzgerald boosted their price objective on Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Wall Street Zen cut Amentum from a “buy” rating to a “hold” rating in a research report on Saturday. Citigroup reissued an “outperform” rating on shares of Amentum in a report on Monday, January 12th. Bank of America increased their price objective on shares of Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, December 31st. Finally, Royal Bank Of Canada raised their price objective 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. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $34.91.

Amentum Price Performance

Shares of AMTM traded up $0.61 during mid-day trading on Tuesday, reaching $25.78. The company had a trading volume of 1,232,280 shares, compared to its average volume of 2,094,462. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market capitalization of $6.29 billion, a P/E ratio of 64.48, 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 company’s 50-day moving average is $31.12 and its 200-day moving average is $27.99.

Amentum (NYSE:AMTM) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.54 EPS 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 business had revenue of $3.24 billion for the quarter, compared to analyst estimates 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. On average, equities analysts anticipate that Amentum will post 2.1 EPS for the current year.

Institutional Investors Weigh In On Amentum

Large investors have recently made changes to their positions in the company. Invesco Ltd. lifted its holdings in Amentum by 13.0% during the 3rd quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock valued at $529,698,000 after purchasing an additional 2,539,594 shares during the last quarter. Primecap Management Co. CA boosted its position in Amentum by 1.7% in the fourth quarter. Primecap Management Co. CA now owns 12,126,927 shares of the company’s stock valued at $351,681,000 after buying an additional 208,341 shares in the last quarter. Legacy Advisors LLC bought a new stake in Amentum during the fourth quarter worth about $284,614,000. State Street Corp increased its holdings in shares of Amentum by 7.6% during the second quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after buying an additional 501,898 shares in the last quarter. Finally, Frontier Capital Management Co. LLC increased its holdings in shares of Amentum by 52.6% during the second quarter. Frontier Capital Management Co. LLC now owns 5,460,743 shares of the company’s stock worth $128,928,000 after buying an additional 1,882,011 shares in the last quarter. Institutional investors 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.