Thrivent Financial for Lutherans Takes $17.27 Million Position in Amentum Holdings, Inc. (NYSE:AMTM)

Thrivent Financial for Lutherans acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 535,421 shares of the company’s stock, valued at approximately $17,268,000. Thrivent Financial for Lutherans owned 0.21% of Amentum at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Tower Bridge Advisors acquired a new position in shares of Amentum during the 3rd quarter worth $4,053,000. Natixis Advisors LLC purchased a new position in Amentum in the third quarter valued at about $6,471,000. Kentucky Retirement Systems purchased a new stake in shares of Amentum during the 3rd quarter worth approximately $287,000. Coastline Trust Co acquired a new stake in shares of Amentum in the 3rd quarter worth approximately $284,000. Finally, KCM Investment Advisors LLC purchased a new position in Amentum in the 3rd quarter valued at approximately $369,000.

Amentum Price Performance

Shares of AMTM opened at $22.41 on Thursday. Amentum Holdings, Inc. has a 12-month low of $21.24 and a 12-month high of $34.50.

Analyst Ratings Changes

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

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.