Amentum (NYSE:AMTM) Releases FY 2026 Earnings Guidance

Amentum (NYSE:AMTM) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 2.400-2.500 for the period, compared to the consensus estimate of 2.410. The company issued revenue guidance of $13.8 billion-$14.0 billion, compared to the consensus revenue estimate of $14.2 billion.

Amentum Stock Down 1.4%

AMTM traded down $0.35 during mid-day trading on Monday, reaching $24.42. 2,605,102 shares of the stock were exchanged, compared to its average volume of 2,014,614. 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 0.83, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market capitalization of $5.97 billion, a PE ratio of 40.70, a price-to-earnings-growth ratio of 0.72 and a beta of 0.30. The company has a 50 day moving average price of $21.87 and a two-hundred day moving average price of $26.15.

Amentum (NYSE:AMTM) last announced its earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Amentum had a net margin of 1.04% and a return on equity of 11.74%. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, research analysts anticipate that Amentum will post 2.36 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. BTIG Research reiterated a “buy” rating and issued a $35.00 price objective on shares of Amentum in a research note on Thursday, May 14th. BNP Paribas Exane started coverage on Amentum in a research note on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 target price on the stock. Truist Financial reaffirmed a “buy” rating and issued a $35.00 target price (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Royal Bank Of Canada decreased their price target on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 13th. Finally, Wall Street Zen cut Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $32.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. increased its stake in shares of Amentum by 13.0% in the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after purchasing an additional 2,539,594 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Amentum during the 2nd quarter valued at approximately $32,576,000. AQR Capital Management LLC boosted its holdings in Amentum by 778.9% in the 4th quarter. AQR Capital Management LLC now owns 1,452,049 shares of the company’s stock worth $42,109,000 after buying an additional 1,286,844 shares during the period. Verition Fund Management LLC grew its stake in Amentum by 1,128.0% in the 3rd quarter. Verition Fund Management LLC now owns 1,135,626 shares of the company’s stock valued at $27,198,000 after buying an additional 1,043,145 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Amentum by 40.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,832,926 shares of the company’s stock valued at $53,157,000 after buying an additional 526,875 shares in the last quarter. 39.93% of the stock is owned by institutional investors.

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.