Entropy Technologies LP Buys New Position in Amentum Holdings, Inc. $AMTM

Entropy Technologies LP bought a new stake in Amentum Holdings, Inc. (NYSE:AMTM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,895 shares of the company’s stock, valued at approximately $701,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new stake in shares of Amentum during the 4th quarter worth about $26,000. NFSG Corp acquired a new position in shares of Amentum in the first quarter valued at approximately $35,000. Financial Consulate Inc. acquired a new position in shares of Amentum in the fourth quarter valued at approximately $38,000. Sound Income Strategies LLC lifted its stake in shares of Amentum by 45.3% during the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after buying an additional 425 shares during the period. Finally, Salomon & Ludwin LLC lifted its stake in shares of Amentum by 98.6% during the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after buying an additional 648 shares during the period. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMTM shares. JPMorgan Chase & Co. decreased their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. BNP Paribas Exane initiated coverage on Amentum in a report on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price target for the company. Zacks Research raised Amentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Wall Street Zen cut Amentum from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Royal Bank Of Canada decreased their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $32.00.

Amentum Trading Down 6.9%

NYSE AMTM opened at $21.84 on Thursday. The company has a market cap of $5.34 billion, a P/E ratio of 36.40, a P/E/G ratio of 0.69 and a beta of 0.35. Amentum Holdings, Inc. has a 12 month low of $19.80 and a 12 month high of $38.11. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48. The company has a 50-day moving average of $21.86 and a 200-day moving average of $26.70.

Amentum (NYSE:AMTM) last released its earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The business had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same period last year, the company earned $0.53 earnings per share. The company’s quarterly revenue was down .4% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts predict that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

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.