Amentum (NYSE:AMTM) Cut to “Hold” at Wall Street Zen

Amentum (NYSE:AMTM) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other research analysts also recently commented on the company. Cantor Fitzgerald boosted their target price on Amentum from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Bank of America raised their price target on Amentum from $27.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 31st. Royal Bank Of Canada lifted their price target on Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a research note on Monday, December 29th. Finally, Truist Financial increased their price objective on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $34.91.

Amentum Stock Down 2.6%

AMTM stock opened at $25.86 on Friday. The company has a 50 day moving average of $31.31 and a two-hundred day moving average of $27.92. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 64.64, a PEG ratio of 0.78 and a beta of 0.23. Amentum has a 12-month low of $16.01 and a 12-month 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.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.52 by $0.02. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The business had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.32 billion. The firm’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, equities analysts anticipate that Amentum will post 2.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amentum

Institutional investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC acquired a new stake in shares of Amentum in the fourth quarter worth about $26,000. Blue Trust Inc. increased its holdings in shares of Amentum by 116.5% during the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock valued at $29,000 after acquiring an additional 648 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of Amentum in the 4th quarter valued at approximately $38,000. Salomon & Ludwin LLC raised its stake in shares of Amentum by 98.6% in the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after acquiring an additional 648 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in Amentum in the 3rd quarter worth approximately $32,000. 39.93% of the stock is currently owned by 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.