Amentum Holdings, Inc. $AMTM Shares Sold by Alpine Global Management LLC

Alpine Global Management LLC reduced its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 66.7% during the 4th quarter, HoldingsChannel reports. The firm owned 25,000 shares of the company’s stock after selling 50,000 shares during the period. Alpine Global Management LLC’s holdings in Amentum were worth $725,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of AMTM. Brightline Capital Management LLC increased its holdings in shares of Amentum by 20.0% during the 3rd quarter. Brightline Capital Management LLC now owns 1,200,000 shares of the company’s stock worth $28,740,000 after buying an additional 200,000 shares during the last quarter. SG Americas Securities LLC increased its stake in Amentum by 1,088.2% during the fourth quarter. SG Americas Securities LLC now owns 345,341 shares of the company’s stock worth $10,015,000 after acquiring an additional 316,277 shares during the last quarter. South Dakota Investment Council purchased a new stake in shares of Amentum during the 3rd quarter worth about $1,543,000. Delphi Management Inc. MA acquired a new stake in Amentum during the 4th quarter worth approximately $1,424,000. Finally, M&T Bank Corp increased its position in Amentum by 5,325.3% during the 4th quarter. M&T Bank Corp now owns 462,836 shares of the company’s stock worth $13,422,000 after purchasing an additional 454,305 shares in the last quarter. 39.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Royal Bank Of Canada cut their price target on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 13th. BNP Paribas Exane started coverage on shares of Amentum in a research report on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price objective for the company. Morgan Stanley started coverage on Amentum in a research report on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 price objective on the stock. JPMorgan Chase & Co. reduced their price objective on Amentum from $34.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. Finally, Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Amentum has an average rating of “Hold” and a consensus price target of $32.00.

Amentum Stock Up 0.6%

Shares of Amentum stock opened at $21.64 on Friday. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 36.06, a PEG ratio of 0.63 and a beta of 0.27. Amentum Holdings, Inc. has a twelve month low of $20.99 and a twelve month high of $38.11. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. The business’s 50 day simple moving average is $24.41 and its 200-day simple moving average is $28.42.

Amentum (NYSE:AMTM) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The firm had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the prior year, the business earned $0.53 EPS. The firm’s revenue was down .4% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts forecast that Amentum Holdings, Inc. will post 2.36 earnings per share for the current year.

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.