Amentum Sees Unusually High Options Volume (NYSE:AMTM)

Amentum Holdings, Inc. (NYSE:AMTM) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 10,486 call options on the stock. This is an increase of 231% compared to the typical daily volume of 3,165 call options.

Amentum Stock Performance

Shares of AMTM stock opened at $26.38 on Thursday. Amentum has a 52-week low of $16.01 and a 52-week high of $38.11. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. The stock has a market cap of $6.43 billion, a PE ratio of 65.95, a price-to-earnings-growth ratio of 0.77 and a beta of 0.59. The business has a 50-day simple moving average of $30.78 and a 200-day simple moving average of $27.99.

Amentum (NYSE:AMTM) last posted its earnings results on Monday, February 9th. The company reported $0.54 EPS 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 firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. The firm’s revenue for the quarter 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, equities analysts expect that Amentum will post 2.1 EPS for the current year.

Analysts Set New Price Targets

AMTM has been the subject of a number of research reports. Citigroup reaffirmed an “outperform” rating on shares of Amentum in a research report on Monday, January 12th. Wall Street Zen cut Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Royal Bank Of Canada lifted their target price on Amentum from $30.00 to $35.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 11th. BTIG Research reiterated a “buy” rating and issued a $35.00 target price on shares of Amentum in a research report on Wednesday, February 11th. Finally, Bank of America increased their price target on shares of Amentum from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, December 31st. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.91.

Key Headlines Impacting Amentum

Here are the key news stories impacting Amentum this week:

• Positive Sentiment: Amentum-led joint venture won a $406 million (£300 million) contract to serve as owner’s engineer for Rolls‑Royce SMR deployments at the Wylfa site in North Wales — a potential multi-year revenue stream (up to 14 years) that meaningfully expands Amentum’s nuclear services backlog and government/utility exposure. Amentum-Led Joint Venture Secures $406 Million Contract as Owner’s Engineer for UK’s First Small Modular Reactors
• Positive Sentiment: Unusual options activity: investors bought about 10,486 call options (≈231% above average), indicating short-term bullish positioning that can amplify upside momentum in the stock.
• Positive Sentiment: At least one analyst note highlighted strong government demand and rated AMTM a buy, reinforcing investor confidence in the firm’s government contracting outlook. Amentum (AMTM) Rated Buy on Strong Government Demand
• Neutral Sentiment: Analysts and media are reassessing valuation after a recent share-price pullback — this could attract value-oriented investors if multiples look favorable, but it’s more of a tempo adjustment than a new fundamental change. Assessing Amentum Holdings (AMTM) Valuation After Recent Share Price Pullback
• Neutral Sentiment: Consensus brokerage recommendation remains around “Hold” on aggregate, indicating mixed analyst views despite the new contract and recent bullish signals. Amentum Holdings, Inc. (NYSE:AMTM) Given Consensus Recommendation of “Hold” by Brokerages
• Negative Sentiment: Near-term fundamentals showed a modest revenue miss last quarter ($3.24B vs. $3.32B est.) and revenue declined ~5.2% YoY, with slim net margins — these results temper the upside and mean investors will watch execution on backlog conversion and margin recovery closely.

Hedge Funds Weigh In On Amentum

Several institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its holdings in Amentum by 7.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,805,411 shares of the company’s stock valued at $43,240,000 after buying an additional 118,306 shares in the last quarter. Lingohr Asset Management GmbH boosted its stake in shares of Amentum by 1,650.0% during the 3rd quarter. Lingohr Asset Management GmbH now owns 175,000 shares of the company’s stock worth $4,191,000 after acquiring an additional 165,000 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in shares of Amentum by 16.3% during the 3rd quarter. Public Sector Pension Investment Board now owns 597,976 shares of the company’s stock worth $14,322,000 after acquiring an additional 83,804 shares in the last quarter. Voya Investment Management LLC grew its position in shares of Amentum by 66.5% during the 3rd quarter. Voya Investment Management LLC now owns 1,084,969 shares of the company’s stock valued at $25,985,000 after acquiring an additional 433,397 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Amentum by 13.9% in the 2nd quarter. Invesco Ltd. now owns 19,577,241 shares of the company’s stock valued at $462,219,000 after purchasing an additional 2,386,131 shares in the last quarter. 39.93% of the stock is owned by hedge funds and other institutional investors.

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.