Amentum Holdings, Inc. (NYSE:AMTM) Given Average Recommendation of “Hold” by Analysts

Amentum Holdings, Inc. (NYSE:AMTMGet Free Report) has earned an average rating of “Hold” from the thirteen research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $29.1818.

A number of equities analysts have weighed in on the company. UBS Group upped their target price on Amentum from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Truist Financial reissued a “buy” rating and set a $35.00 price objective (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Royal Bank Of Canada lowered their target price on shares of Amentum from $28.00 to $26.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 12th. BTIG Research dropped their target price on shares of Amentum from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Finally, Morgan Stanley set a $24.00 price target on shares of Amentum in a report on Tuesday, August 11th.

Read Our Latest Stock Analysis on AMTM

Amentum Stock Performance

NYSE AMTM opened at $20.09 on Friday. Amentum has a 1 year low of $19.80 and a 1 year high of $38.11. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. The stock has a market capitalization of $4.91 billion, a PE ratio of 24.20, a P/E/G ratio of 0.58 and a beta of 0.26. The company’s 50 day simple moving average is $21.44 and its two-hundred day simple moving average is $24.31.

Amentum (NYSE:AMTMGet Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.57 billion. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 EPS. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Analysts predict that Amentum will post 2.38 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Amentum

A number of large investors have recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System boosted its holdings in shares of Amentum by 1.6% in the 4th quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock worth $867,000 after purchasing an additional 462 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Amentum by 35.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $54,000 after buying an additional 481 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Amentum by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock worth $1,018,000 after buying an additional 600 shares in the last quarter. HighTower Advisors LLC boosted its stake in Amentum by 4.6% in the fourth quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock worth $425,000 after buying an additional 638 shares in the last quarter. Finally, HM Payson & Co. grew its position in Amentum by 58.3% during the fourth quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock valued at $56,000 after acquiring an additional 715 shares during the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

About Amentum

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Amentum (NYSE:AMTM)

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