Amentum Holdings, Inc. $AMTM is Arvin Capital Management LP’s 5th Largest Position

Arvin Capital Management LP reduced its position in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 26.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,636,492 shares of the company’s stock after selling 602,942 shares during the period. Amentum comprises about 7.1% of Arvin Capital Management LP’s investment portfolio, making the stock its 5th largest holding. Arvin Capital Management LP’s holdings in Amentum were worth $39,194,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AMTM. Invesco Ltd. grew its position in shares of Amentum by 13.9% during the 2nd quarter. Invesco Ltd. now owns 19,577,241 shares of the company’s stock worth $462,219,000 after buying an additional 2,386,131 shares in the last quarter. Primecap Management Co. CA lifted its stake in Amentum by 19.6% in the second quarter. Primecap Management Co. CA now owns 12,030,656 shares of the company’s stock worth $284,044,000 after acquiring an additional 1,969,067 shares during the period. State Street Corp grew its holdings in Amentum by 7.6% during the 2nd quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after acquiring an additional 501,898 shares in the last quarter. Frontier Capital Management Co. LLC grew its holdings in Amentum by 52.6% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 5,460,743 shares of the company’s stock worth $128,928,000 after acquiring an additional 1,882,011 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Amentum by 9.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,513,161 shares of the company’s stock valued at $59,352,000 after purchasing an additional 213,164 shares during the period. 39.93% of the stock is owned by institutional investors.

Amentum Stock Performance

Shares of NYSE:AMTM opened at $30.70 on Wednesday. The business’s 50-day moving average is $32.64 and its 200 day moving average is $27.55. Amentum Holdings, Inc. has a 1 year low of $16.01 and a 1 year high of $38.11. The firm has a market capitalization of $7.49 billion, a P/E ratio of 76.75, a P/E/G ratio of 0.90 and a beta of 0.23. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.42 and a quick ratio of 1.42.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.02. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The business had revenue of $3.24 billion during the quarter, compared to the consensus estimate 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. On average, research analysts predict that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 11th. UBS Group boosted their price objective on shares of Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Bank of America increased their target price on Amentum from $27.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, December 31st. Truist Financial lifted their price target on Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Finally, Morgan Stanley upgraded Amentum from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $20.00 to $35.00 in a research note on Wednesday, November 26th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $34.91.

Amentum Company Profile

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.