Janney Montgomery Scott LLC Acquires New Stake in Amentum Holdings, Inc. (NYSE:AMTM)

Janney Montgomery Scott LLC bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 67,549 shares of the company’s stock, valued at approximately $2,178,000.

A number of other large investors have also recently made changes to their positions in the stock. US Bancorp DE purchased a new position in Amentum in the 3rd quarter worth about $30,000. Signaturefd LLC bought a new position in Amentum in the 3rd quarter worth about $33,000. HM Payson & Co. purchased a new position in shares of Amentum during the third quarter worth approximately $38,000. Evermay Wealth Management LLC bought a new stake in shares of Amentum during the third quarter valued at approximately $64,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Amentum in the third quarter valued at approximately $63,000.

Analyst Ratings Changes

Separately, Truist Financial initiated coverage on Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 price objective on the stock.

Amentum Stock Performance

Shares of Amentum stock opened at $31.24 on Wednesday. Amentum Holdings, Inc. has a 12 month low of $23.58 and a 12 month high of $34.50.

Amentum Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.