Daiwa Securities Group Inc. Invests $1.14 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Daiwa Securities Group Inc. acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,390 shares of the company’s stock, valued at approximately $1,141,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Arrow Financial Corp acquired a new stake in Amentum during the 3rd quarter worth approximately $26,000. US Bancorp DE acquired a new stake in shares of Amentum in the third quarter valued at approximately $30,000. Signaturefd LLC acquired a new stake in shares of Amentum in the third quarter valued at approximately $33,000. HM Payson & Co. acquired a new stake in shares of Amentum in the third quarter valued at approximately $38,000. Finally, Studio Investment Management LLC acquired a new stake in shares of Amentum in the third quarter valued at approximately $42,000.

Analysts Set New Price Targets

AMTM has been the topic of a number of recent research reports. Raymond James initiated coverage on shares of Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price objective on the stock. Truist Financial assumed coverage on shares of Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 target price for the company.

Amentum Trading Up 2.1 %

NYSE:AMTM opened at $24.40 on Friday. Amentum Holdings, Inc. has a 1-year low of $21.24 and a 1-year high of $34.50.

Amentum 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.