SG Americas Securities LLC Cuts Stake in Amentum Holdings, Inc. $AMTM

SG Americas Securities LLC lessened its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 20.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 274,602 shares of the company’s stock after selling 70,739 shares during the quarter. SG Americas Securities LLC owned about 0.11% of Amentum worth $7,162,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Weatherly Asset Management L. P. bought a new stake in shares of Amentum during the first quarter valued at approximately $253,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Amentum during the fourth quarter worth $453,000. Mackenzie Financial Corp purchased a new position in Amentum during the fourth quarter valued at $453,000. Utah Retirement Systems purchased a new position in Amentum during the fourth quarter valued at $242,000. Finally, Symmetry Investments LP bought a new stake in Amentum in the 4th quarter valued at $290,000. 39.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMTM has been the subject of several research reports. Citizens Jmp reissued a “market outperform” rating and set a $40.00 price objective on shares of Amentum in a report on Monday, April 13th. Wall Street Zen raised Amentum from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. BTIG Research reiterated a “buy” rating and issued a $35.00 target price on shares of Amentum in a research report on Thursday, May 14th. JPMorgan Chase & Co. dropped their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, Truist Financial restated a “buy” rating and set a $35.00 price target (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $32.00.

Amentum Trading Up 0.8%

AMTM opened at $20.25 on Friday. The stock has a 50-day moving average of $23.64 and a 200 day moving average of $28.09. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. Amentum Holdings, Inc. has a 12 month low of $19.80 and a 12 month high of $38.11. The firm has a market cap of $4.95 billion, a P/E ratio of 33.75, a P/E/G ratio of 0.59 and a beta of 0.27.

Amentum (NYSE:AMTM) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior 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 forecast that Amentum Holdings, Inc. will post 2.36 EPS for the current year.

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.