Amentum Holdings, Inc. (NYSE:AMTM) Stock Has Average Price Target of $29.00

Amentum Holdings, Inc. (NYSE:AMTM) has received a consensus rating of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $29.00.

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. decreased their target price on Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a research report on Monday, August 17th. Royal Bank Of Canada dropped their target price on Amentum from $28.00 to $26.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 12th. BTIG Research reduced their price target on Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Zacks Research lowered Amentum from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. Finally, Weiss Ratings cut Amentum from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday.

Institutional Trading of Amentum

A number of hedge funds have recently made changes to their positions in AMTM. Security National Bank of Sioux City Iowa IA boosted its stake in shares of Amentum by 31.3% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company’s stock valued at $482,000 after purchasing an additional 5,565 shares during the period. WINTON GROUP Ltd grew its holdings in Amentum by 5.2% during the 2nd quarter. WINTON GROUP Ltd now owns 58,393 shares of the company’s stock valued at $1,207,000 after purchasing an additional 2,893 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Amentum during the 2nd quarter valued at $50,000. Mraz Amerine & Associates Inc. increased its stake in Amentum by 25.3% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 90,200 shares of the company’s stock worth $1,864,000 after buying an additional 18,215 shares during the period. Finally, Nykredit A S purchased a new stake in Amentum during the 2nd quarter worth $37,000. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Amentum Stock Up 2.3%

Shares of Amentum stock opened at $19.53 on Friday. Amentum has a twelve month low of $17.72 and a twelve month high of $38.11. The stock has a market cap of $4.78 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 0.52 and a beta of 0.31. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79. The company has a fifty day moving average price of $19.89 and a 200 day moving average price of $22.22.

Amentum (NYSE:AMTM) last released its quarterly earnings data 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 return on equity of 12.19% and a net margin of 1.44%. The company had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.57 billion. During the same period last year, the company posted $0.56 earnings per share. The firm’s revenue was down 2.0% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Equities research analysts forecast that Amentum will post 2.38 earnings per share for the current fiscal year.

About Amentum

Amentum (NYSE: AMTM) is a global engineering and technical services contractor that supports government and commercial customers across defense, intelligence, space, civilian, energy and environmental markets. The company provides mission-critical services designed to help customers operate, maintain and modernize complex systems and infrastructure.

Its capabilities include systems engineering, program management, logistics, operations and maintenance, cybersecurity, digital transformation, intelligence analysis, testing and evaluation, and environmental and nuclear lifecycle services.