Entropy Technologies LP Makes New $701,000 Investment in Amentum Holdings, Inc. $AMTM

Entropy Technologies LP purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,895 shares of the company’s stock, valued at approximately $701,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Los Angeles Capital Management LLC acquired a new position in Amentum during the fourth quarter worth about $26,000. NFSG Corp purchased a new stake in shares of Amentum during the 1st quarter worth approximately $35,000. Financial Consulate Inc. purchased a new stake in shares of Amentum during the 4th quarter worth approximately $38,000. Sound Income Strategies LLC grew its holdings in shares of Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares during the period. Finally, Salomon & Ludwin LLC grew its holdings in shares of Amentum by 98.6% in the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock worth $41,000 after acquiring an additional 648 shares during the period. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Trading Down 6.9%

Shares of AMTM opened at $21.84 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48. Amentum Holdings, Inc. has a 1-year low of $19.80 and a 1-year high of $38.11. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 36.40, a price-to-earnings-growth ratio of 0.69 and a beta of 0.35. The firm has a 50 day simple moving average of $21.86 and a 200-day simple moving average of $26.70.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on AMTM shares. Zacks Research raised Amentum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Morgan Stanley started coverage on Amentum in a report on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Bank of America cut their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Finally, Royal Bank Of Canada decreased their price objective on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $32.00.

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.