Eastern Bank Makes New $3.33 Million Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Eastern Bank acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 103,115 shares of the company’s stock, valued at approximately $3,325,000.

A number of other large investors have also recently bought and sold shares of the company. Signaturefd LLC acquired a new stake in shares of Amentum in the 3rd quarter valued at approximately $33,000. Dover Advisors LLC acquired a new stake in shares of Amentum in the 3rd quarter valued at approximately $219,000. Stratos Wealth Advisors LLC acquired a new stake in shares of Amentum in the 3rd quarter valued at approximately $282,000. Heritage Family Offices LLP acquired a new stake in shares of Amentum in the 3rd quarter valued at approximately $308,000. Finally, Vest Financial LLC acquired a new stake in shares of Amentum in the 3rd quarter valued at approximately $326,000.

Amentum Stock Performance

NYSE:AMTM opened at $28.97 on Wednesday. Amentum Holdings, Inc. has a one year low of $23.58 and a one year high of $34.50.

Analyst Upgrades and Downgrades

Separately, Truist Financial assumed coverage on shares of Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price target on the stock.

About Amentum

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.