Amentum (NYSE:AMTM) Now Covered by Analysts at Morgan Stanley

Morgan Stanley initiated coverage on shares of Amentum (NYSE:AMTM) in a research report sent to investors on Wednesday morning. The brokerage issued an equal weight rating and a $30.00 price target on the stock.

A number of other equities research analysts have also issued reports on AMTM. Royal Bank Of Canada lifted their target price on shares of Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 11th. UBS Group lifted 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. BTIG Research reissued a “buy” rating and set a $35.00 target price on shares of Amentum in a research note on Wednesday, February 11th. Wall Street Zen lowered shares of Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $35.00 price objective (down from $42.00) on shares of Amentum in a research note on Tuesday. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $33.18.

Amentum Trading Down 4.7%

Shares of NYSE:AMTM opened at $23.17 on Wednesday. The firm has a fifty day moving average of $26.93 and a two-hundred day moving average of $28.58. The firm has a market capitalization of $5.65 billion, a P/E ratio of 38.62, a price-to-earnings-growth ratio of 0.71 and a beta of 0.43. Amentum has a 12-month low of $19.11 and a 12-month high of $38.11. The company has a quick ratio of 1.42, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Amentum (NYSE:AMTM) last issued its earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The company had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.47 billion. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the business posted $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities analysts expect that Amentum will post 2.34 EPS for the current fiscal year.

Institutional Investors Weigh In On Amentum

Several institutional investors and hedge funds have recently modified their holdings of AMTM. Los Angeles Capital Management LLC acquired a new stake in shares of Amentum in the 4th quarter valued at $26,000. NFSG Corp acquired a new stake in shares of Amentum in the 1st quarter valued at $35,000. Financial Consulate Inc. acquired a new stake in shares of Amentum in the 4th quarter valued at $38,000. Sound Income Strategies LLC lifted its stake in shares of Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 425 shares during the last quarter. Finally, Salomon & Ludwin LLC lifted its stake in shares of Amentum by 98.6% in the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after purchasing an additional 648 shares during the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

Trending Headlines about Amentum

Here are the key news stories impacting Amentum this week:

• Positive Sentiment: Amentum’s Q2 2026 earnings call was highlighted as showing strong growth, steady execution, and a strong backlog, which supports visibility for future revenue and cash flow. Amentum Holdings Signals Steady Growth and Strong Backlog
• Positive Sentiment: BTIG’s Andre Madrid reiterated a Buy rating and $35 price target, citing strong execution, cash generation, and deleveraging that could drive double-digit EPS and free cash flow growth. Andre Madrid Reaffirms Buy on Amentum
• Neutral Sentiment: Morgan Stanley initiated coverage with an Equal Weight rating and a $30 target, signaling a neutral stance but still implying upside from current levels.
• Neutral Sentiment: Royal Bank of Canada lowered its price target to $28 from $35 and kept a Sector Perform rating, reflecting more cautious expectations rather than a clear negative thesis. RBC lowers Amentum price target
• Neutral Sentiment: Recent reporting also noted Q1 sales came in line with estimates, suggesting operating performance remains stable but not a major surprise for investors. Amentum posts Q1 CY2026 sales in line with estimates

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.