Amentum Holdings, Inc. $AMTM Shares Sold by Verition Fund Management LLC

Verition Fund Management LLC trimmed its stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 23.8% during the 4th quarter, Holdings Channel reports. The fund owned 865,172 shares of the company’s stock after selling 270,454 shares during the quarter. Verition Fund Management LLC’s holdings in Amentum were worth $25,090,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Los Angeles Capital Management LLC acquired a new position in Amentum in the fourth quarter valued at approximately $26,000. Financial Consulate Inc. purchased a new stake in Amentum in the 4th quarter worth approximately $38,000. Sound Income Strategies LLC grew its stake in shares of Amentum by 45.3% during the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 425 shares during the period. Salomon & Ludwin LLC increased its holdings in shares of Amentum by 98.6% during 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 in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Amentum by 433.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after purchasing an additional 1,474 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Trading Down 0.1%

Shares of Amentum stock opened at $22.83 on Monday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. Amentum Holdings, Inc. has a twelve month low of $21.11 and a twelve month high of $38.11. The firm has a market capitalization of $5.58 billion, a PE ratio of 38.06, a P/E/G ratio of 0.67 and a beta of 0.28. The firm’s 50-day moving average price is $24.81 and its 200 day moving average price is $28.63.

Amentum (NYSE:AMTM) last announced its earnings results on Monday, May 11th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The business’s revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts predict that Amentum Holdings, Inc. will post 2.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Royal Bank Of Canada lowered their price target on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. Wall Street Zen cut shares of Amentum from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. BTIG Research reissued a “buy” rating and set a $35.00 target price on shares of Amentum in a research note on Thursday, May 14th. BNP Paribas Exane assumed coverage on Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Amentum has a consensus rating of “Hold” and a consensus price target of $32.00.

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.