Amentum Holdings, Inc. $AMTM Shares Purchased by Sei Investments Co.

Sei Investments Co. boosted its holdings in Amentum Holdings, Inc. (NYSE:AMTM) by 35.8% in the first quarter, HoldingsChannel.com reports. The firm owned 294,668 shares of the company’s stock after acquiring an additional 77,624 shares during the period. Sei Investments Co.’s holdings in Amentum were worth $7,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in AMTM. M&T Bank Corp lifted its position in shares of Amentum by 5,325.3% in the 4th quarter. M&T Bank Corp now owns 462,836 shares of the company’s stock worth $13,422,000 after buying an additional 454,305 shares during the last quarter. Delphi Management Inc. MA acquired a new position in shares of Amentum in the 4th quarter valued at about $1,424,000. Legacy Advisors LLC bought a new stake in shares of Amentum during the 4th quarter valued at about $284,614,000. Steadtrust LLC bought a new stake in shares of Amentum during the 4th quarter valued at about $1,462,000. Finally, New York State Teachers Retirement System raised its stake in Amentum by 17.8% during the fourth quarter. New York State Teachers Retirement System now owns 166,057 shares of the company’s stock worth $4,816,000 after acquiring an additional 25,139 shares during the period. Institutional investors own 39.93% of the company’s stock.

Amentum Trading Up 0.3%

Amentum stock opened at $22.26 on Monday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The firm has a 50-day moving average price of $21.82 and a two-hundred day moving average price of $26.53. The firm has a market capitalization of $5.44 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 0.65 and a beta of 0.30. Amentum Holdings, Inc. has a 52-week low of $19.80 and a 52-week high of $38.11.

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

Analysts Set New Price Targets

A number of brokerages have commented on AMTM. Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Truist Financial reiterated a “buy” rating and set a $35.00 price target (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Zacks Research raised Amentum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Citizens Jmp restated a “market outperform” rating and set a $40.00 price objective on shares of Amentum in a research report on Monday, April 13th. Finally, BTIG Research restated a “buy” rating and set a $35.00 price objective on shares of Amentum in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average 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.