Amentum (NYSE:AMTM) Rating Lowered to Hold at Wall Street Zen

Amentum (NYSE:AMTM) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other research firms have also commented on AMTM. Weiss Ratings lowered shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. JPMorgan Chase & Co. cut their price objective on shares of Amentum from $31.00 to $26.00 and set a “neutral” rating on the stock in a report on Monday, August 17th. Bank of America reduced their price objective on shares of Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Royal Bank Of Canada lowered their target price on Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a report on Wednesday, August 12th. Finally, Zacks Research lowered Amentum from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Amentum has an average rating of “Hold” and a consensus price target of $29.18.

Amentum Trading Up 0.2%

Shares of NYSE AMTM opened at $19.49 on Friday. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79. The business has a fifty day simple moving average of $21.34 and a two-hundred day simple moving average of $23.84. The firm has a market cap of $4.77 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 0.56 and a beta of 0.26. Amentum has a twelve month low of $19.21 and a twelve month high of $38.11.

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

Institutional Trading of Amentum

Several large investors have recently bought and sold shares of AMTM. Maryland State Retirement & Pension System grew its holdings in shares of Amentum by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock worth $867,000 after buying an additional 462 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Amentum by 35.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $54,000 after buying an additional 481 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of 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 position in Amentum by 4.6% during the fourth quarter. HighTower Advisors LLC now owns 14,640 shares of the company’s stock worth $425,000 after acquiring an additional 638 shares during the last quarter. Finally, HM Payson & Co. boosted its position in Amentum by 58.3% during the fourth quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock worth $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.

Amentum Company Profile

Amentum (NYSE: AMTM) is a global engineering and technical services company that provides mission support to government and commercial customers. Its capabilities include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, intelligence analysis, and professional services.

The company supports customers across the defense, intelligence, space, civilian government, energy, environmental, and industrial markets. Its work includes maintaining and modernizing critical infrastructure and complex platforms, supporting national security missions, managing nuclear and environmental programs, and providing technical services for space and other advanced technology programs.

Amentum was established through the combination of Amentum and Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, which was completed in 2024.