Victory Capital Management Inc. Invests $6.84 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Victory Capital Management Inc. acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 212,150 shares of the company’s stock, valued at approximately $6,842,000.

A number of other institutional investors also recently bought and sold shares of AMTM. Janney Montgomery Scott LLC purchased a new stake in Amentum in the 3rd quarter worth approximately $2,178,000. Paragon Capital Management LLC purchased a new stake in shares of Amentum during the 3rd quarter valued at $1,701,000. F M Investments LLC acquired a new stake in shares of Amentum during the 3rd quarter worth $3,543,000. Mesirow Financial Investment Management Inc. purchased a new position in shares of Amentum in the 3rd quarter worth $5,998,000. Finally, Intrinsic Value Partners LLC acquired a new position in Amentum in the third quarter valued at $547,000.

Amentum Stock Up 11.1 %

Shares of AMTM opened at $24.89 on Friday. Amentum Holdings, Inc. has a 12 month low of $21.24 and a 12 month high of $34.50.

Analysts Set New Price Targets

Several research firms recently weighed in on AMTM. Raymond James began coverage on shares of Amentum in a report on Thursday. They set an “outperform” rating and a $30.00 target price on the stock. Truist Financial started coverage on shares of Amentum in a research report on Monday, October 14th. They issued a “buy” rating and a $31.00 price objective for the company.

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.