Amentum (NYSE:AMTM) Rating Lowered to “Hold” at Wall Street Zen

Amentum (NYSE:AMTM) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other research analysts have also weighed in on AMTM. JPMorgan Chase & Co. increased their price target on Amentum from $30.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Citigroup reiterated an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. Morgan Stanley upgraded Amentum from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $20.00 to $35.00 in a research report on Wednesday, November 26th. JMP Securities set a $35.00 price target on Amentum in a research note on Wednesday, November 26th. Finally, UBS Group upped their price objective on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amentum presently has a consensus rating of “Moderate Buy” and an average price target of $34.92.

Amentum Price Performance

Amentum stock opened at $30.97 on Friday. The stock has a market capitalization of $7.55 billion, a P/E ratio of 77.42, a P/E/G ratio of 0.88 and a beta of 0.01. Amentum has a 12-month low of $16.01 and a 12-month high of $38.11. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.32. The firm’s 50-day moving average is $32.34 and its two-hundred day moving average is $27.08.

Amentum (NYSE:AMTM) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.32 billion. The business’s quarterly revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts predict that Amentum will post 2.1 earnings per share for the current year.

Institutional Investors Weigh In On Amentum

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMTM. Atlantic Union Bankshares Corp purchased a new position in shares of Amentum in the 2nd quarter worth about $25,000. Los Angeles Capital Management LLC acquired a new stake in Amentum during the 4th quarter worth approximately $26,000. Blue Trust Inc. increased its position in Amentum by 116.5% during the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock worth $29,000 after purchasing an additional 648 shares in the last quarter. Mather Group LLC. purchased a new position in Amentum in the third quarter valued at approximately $32,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in Amentum by 1,517.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,520 shares of the company’s stock valued at $36,000 after buying an additional 1,426 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors and hedge funds.

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.