Stifel Financial Corp bought a new stake in Amentum Holdings, Inc. (NYSE:AMTM – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 65,318 shares of the company’s stock, valued at approximately $2,107,000.
A number of other large investors have also recently bought and sold shares of the stock. Quantinno Capital Management LP purchased a new stake in shares of Amentum in the third quarter valued at $880,000. Royal London Asset Management Ltd. acquired a new position in Amentum in the 3rd quarter valued at about $1,795,000. Point72 Asset Management L.P. purchased a new position in Amentum in the 3rd quarter valued at about $194,000. Needham Investment Management LLC acquired a new stake in shares of Amentum during the 3rd quarter worth about $323,000. Finally, Investment Management Corp of Ontario purchased a new stake in shares of Amentum during the third quarter worth about $873,000. Institutional investors and hedge funds own 39.93% of the company’s stock.
Analyst Ratings Changes
AMTM has been the topic of several recent analyst reports. Truist Financial started coverage on shares of Amentum in a research note on Monday, October 14th. They set a “buy” rating and a $31.00 price objective on the stock. Raymond James assumed coverage on Amentum in a research note on Thursday, November 21st. They set an “outperform” rating and a $30.00 price target on the stock.
Amentum Price Performance
AMTM opened at $18.93 on Friday. Amentum Holdings, Inc. has a 12 month low of $18.89 and a 12 month high of $34.50. The company has a 50-day simple moving average of $26.57.
Amentum Company 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.
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