Kentucky Retirement Systems Takes Position in Amentum Holdings, Inc. (NYSE:AMTM)

Kentucky Retirement Systems acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 8,906 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Arrow Financial Corp bought a new stake in shares of Amentum during the 3rd quarter worth about $26,000. US Bancorp DE bought a new stake in shares of Amentum during the 3rd quarter worth about $30,000. Signaturefd LLC bought a new stake in shares of Amentum during the 3rd quarter worth about $33,000. HM Payson & Co. bought a new stake in shares of Amentum during the 3rd quarter worth about $38,000. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of Amentum during the 3rd quarter worth about $43,000.

Amentum Stock Down 3.6 %

NYSE AMTM opened at $21.94 on Wednesday. Amentum Holdings, Inc. has a 12-month low of $21.24 and a 12-month high of $34.50.

Analyst Upgrades and Downgrades

Separately, Truist Financial began coverage on shares of Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 target price for the company.

About Amentum

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.