Security National Bank of Sioux City Iowa IA Invests $321,000 in Amentum Holdings, Inc. (NYSE:AMTM)

Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,269 shares of the company’s stock, valued at approximately $321,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMTM. Huntington National Bank purchased a new position in shares of Amentum in the 4th quarter worth approximately $30,000. IFP Advisors Inc increased its position in shares of Amentum by 119.2% during the fourth quarter. IFP Advisors Inc now owns 1,532 shares of the company’s stock valued at $35,000 after buying an additional 833 shares during the period. Asset Planning Inc bought a new stake in Amentum during the 4th quarter worth approximately $36,000. Horizon Investments LLC purchased a new stake in shares of Amentum in the fourth quarter worth $36,000. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of Amentum by 7,211.1% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,974 shares of the company’s stock valued at $42,000 after acquiring an additional 1,947 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on AMTM shares. Cantor Fitzgerald raised shares of Amentum to a “hold” rating in a report on Tuesday, February 25th. Truist Financial dropped their price target on shares of Amentum from $31.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group started coverage on Amentum in a research report on Thursday, March 20th. They issued a “neutral” rating and a $21.00 price objective on the stock. Morgan Stanley started coverage on shares of Amentum in a research note on Wednesday, April 16th. They issued an “underweight” rating and a $19.00 price target for the company. Finally, Citizens Jmp assumed coverage on Amentum in a research report on Monday. They set an “outperform” rating and a $30.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $25.38.

Insider Buying and Selling

In other Amentum news, Director Barbara Loughran bought 4,600 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average cost of $21.23 per share, for a total transaction of $97,658.00. Following the transaction, the director now owns 4,600 shares of the company’s stock, valued at $97,658. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 18.67% of the stock is currently owned by company insiders.

Amentum Stock Performance

Shares of AMTM opened at $21.59 on Friday. Amentum Holdings, Inc. has a twelve month low of $16.01 and a twelve month high of $34.47. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a 50 day moving average of $19.31 and a 200 day moving average of $21.68.

Amentum (NYSE:AMTM) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.05. The business had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.44 billion. Analysts predict that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Amentum Company Profile

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.