Amentum (NYSE:AMTM) Issues Earnings Results

Amentum (NYSE:AMTM) released its quarterly earnings results on Monday. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06, FiscalAI reports. Amentum had a net margin of 1.04% and a return on equity of 11.74%. During the same period in the prior year, the firm earned $0.56 EPS. The firm’s revenue was down 2.0% compared to the same quarter last year. Amentum updated its FY 2026 guidance to 2.400-2.500 EPS.

Amentum Price Performance

NYSE:AMTM traded down $0.35 on Monday, reaching $24.42. 2,689,715 shares of the company’s stock traded hands, compared to its average volume of 2,015,453. The stock has a 50-day simple moving average of $21.87 and a 200-day simple moving average of $26.15. Amentum has a 12 month low of $19.80 and a 12 month high of $38.11. The firm has a market cap of $5.97 billion, a PE ratio of 40.70, a P/E/G ratio of 0.72 and a beta of 0.30. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Institutional Trading of Amentum

Institutional investors have recently made changes to their positions in the business. Los Angeles Capital Management LLC purchased a new position in Amentum in the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC grew its holdings in 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 buying an additional 1,474 shares in the last quarter. Riggs Asset Managment Co. Inc. bought a new stake in shares of Amentum during the second quarter valued at approximately $46,000. Atlas Capital Advisors Inc. bought a new stake in shares of Amentum during the fourth quarter valued at approximately $48,000. Finally, HM Payson & Co. lifted its holdings in shares of Amentum by 58.3% in the fourth quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock worth $56,000 after buying an additional 715 shares in the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Zacks Research raised Amentum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Royal Bank Of Canada decreased their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 13th. Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. reduced their target price on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Finally, Morgan Stanley began coverage on shares of Amentum in a research note on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Amentum presently has an average 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.