Bridgewater Associates LP Acquires New Position in Amentum Holdings, Inc. (NYSE:AMTM)

Bridgewater Associates LP purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 48,532 shares of the company’s stock, valued at approximately $1,565,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Arrow Financial Corp purchased a new stake in shares of Amentum during the 3rd quarter valued at about $26,000. US Bancorp DE purchased a new stake in shares of Amentum during the 3rd quarter valued at about $30,000. Signaturefd LLC purchased a new stake in shares of Amentum during the 3rd quarter valued at about $33,000. HM Payson & Co. purchased a new stake in shares of Amentum during the 3rd quarter valued at about $38,000. Finally, Studio Investment Management LLC purchased a new stake in shares of Amentum during the 3rd quarter valued at about $42,000.

Amentum Trading Up 1.9 %

Shares of NYSE:AMTM opened at $24.35 on Monday. Amentum Holdings, Inc. has a twelve month low of $21.24 and a twelve month high of $34.50.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AMTM shares. Truist Financial started coverage on shares of Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 price target on the stock. Raymond James began coverage on shares of Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price target on the stock.

About Amentum

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.