Amentum Holdings, Inc. (NYSE:AMTM) Receives Average Recommendation of “Hold” from Brokerages

Amentum Holdings, Inc. (NYSE:AMTM) has received a consensus recommendation of “Hold” from the fourteen ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $32.00.

Several brokerages have commented on AMTM. BNP Paribas Exane began coverage on Amentum in a research report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective for the company. BTIG Research reissued a “buy” rating and set a $35.00 price objective on shares of Amentum in a research report on Thursday, May 14th. Royal Bank Of Canada lowered their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lowered their price objective on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Finally, Morgan Stanley began coverage on Amentum in a research report on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 price objective for the company.

Amentum Stock Performance

NYSE:AMTM opened at $22.83 on Friday. The stock has a market cap of $5.58 billion, a P/E ratio of 38.06, a price-to-earnings-growth ratio of 0.67 and a beta of 0.27. The firm’s fifty day simple moving average is $24.81 and its 200 day simple moving average is $28.61. Amentum has a twelve month low of $21.11 and a twelve month high of $38.11. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.83.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, research analysts predict that Amentum will post 2.36 EPS for the current year.

Hedge Funds Weigh In On Amentum

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC purchased a new position in Amentum during the fourth quarter valued at $26,000. Western Wealth Management LLC purchased a new position in shares of Amentum in the 1st quarter worth about $33,000. NFSG Corp purchased a new position in shares of Amentum in the 1st quarter worth about $35,000. Financial Consulate Inc. purchased a new position in shares of Amentum in the 4th quarter worth about $38,000. Finally, Sound Income Strategies LLC raised its position in shares of Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 425 shares during the last quarter. Hedge funds and other institutional investors own 39.93% of the company’s stock.

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.