CenterBook Partners LP Sells 85,858 Shares of Amentum Holdings, Inc. $AMTM

CenterBook Partners LP reduced its holdings in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 27.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 222,223 shares of the company’s stock after selling 85,858 shares during the quarter. CenterBook Partners LP owned approximately 0.09% of Amentum worth $6,444,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AMTM. Los Angeles Capital Management LLC bought a new stake in Amentum in the 4th quarter valued at $26,000. Financial Consulate Inc. bought a new stake in Amentum in the 4th quarter valued at $38,000. Sound Income Strategies LLC boosted its stake in Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 425 shares during the period. Salomon & Ludwin LLC boosted its stake in 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 purchasing an additional 648 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in Amentum by 433.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after purchasing an additional 1,474 shares during the period. 39.93% of the stock is currently owned by institutional investors.

Amentum Price Performance

Amentum stock opened at $22.80 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. Amentum Holdings, Inc. has a 52 week low of $21.11 and a 52 week high of $38.11. The stock has a market capitalization of $5.57 billion, a P/E ratio of 38.00, a price-to-earnings-growth ratio of 0.67 and a beta of 0.28. The stock has a fifty day moving average of $25.17 and a 200-day moving average of $28.70.

Amentum (NYSE:AMTM) last posted its quarterly earnings results 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 company had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter in the previous year, the firm earned $0.53 EPS. Amentum’s revenue was down .4% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts expect that Amentum Holdings, Inc. will post 2.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AMTM shares. Wall Street Zen downgraded Amentum from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. BTIG Research restated a “buy” rating and issued a $35.00 price target on shares of Amentum in a research note on Thursday, May 14th. BNP Paribas Exane started coverage on Amentum in a research note on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price target for the company. Royal Bank Of Canada reduced their price target on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 13th. Finally, Truist Financial restated a “buy” rating and issued a $35.00 price target (down from $42.00) on shares of Amentum in a research note on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $32.00.

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.