Amentum (NYSE:AMTM) Releases FY 2026 Earnings Guidance

Amentum (NYSE:AMTM) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 2.250-2.450 for the period, compared to the consensus earnings per share estimate of 2.380. The company issued revenue guidance of $14.0 billion-$14.3 billion, compared to the consensus revenue estimate of $14.2 billion.

Analyst Upgrades and Downgrades

Several research analysts recently commented on AMTM shares. Cantor Fitzgerald boosted their price target on Amentum from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. BTIG Research upped their target price on Amentum from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a research report on Monday, December 29th. JMP Securities set a $35.00 price target on shares of Amentum in a research note on Wednesday, November 26th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Amentum in a report on Monday, January 12th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $34.50.

Amentum Stock Performance

Amentum stock traded down $0.94 during mid-day trading on Monday, reaching $36.59. The company’s stock had a trading volume of 3,456,242 shares, compared to its average volume of 2,113,277. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.84. 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 $32.02 and a 200-day moving average price of $26.87. The firm has a market cap of $8.92 billion, a price-to-earnings ratio of 135.52, a PEG ratio of 1.10 and a beta of -0.01.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Monday, November 24th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.04. Amentum had a net margin of 0.46% and a return on equity of 11.57%. The company had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.61 billion. Amentum’s revenue was up 10.1% on a year-over-year basis. Sell-side analysts predict that Amentum will post 2.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Amentum

Institutional investors have recently made changes to their positions in the stock. Invesco Ltd. raised its stake in shares of Amentum by 13.0% during the third 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 in the last quarter. State Street Corp increased its stake in Amentum by 7.6% during the 2nd quarter. State Street Corp now owns 7,078,249 shares of the company’s stock valued at $167,117,000 after buying an additional 501,898 shares during the period. Ruane Cunniff & Goldfarb L.P. raised its position in shares of Amentum by 2.0% during the 2nd quarter. Ruane Cunniff & Goldfarb L.P. now owns 2,441,743 shares of the company’s stock worth $57,650,000 after buying an additional 48,704 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Amentum by 50.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,081,611 shares of the company’s stock worth $49,855,000 after acquiring an additional 701,859 shares during the period. Finally, Verition Fund Management LLC lifted its stake in shares of Amentum by 1,128.0% in the 3rd quarter. Verition Fund Management LLC now owns 1,135,626 shares of the company’s stock worth $27,198,000 after acquiring an additional 1,043,145 shares during the period. 39.93% of the stock is owned by institutional investors.

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.