6 days Ago By ABMN Staff
Mariner LLC lowered its holdings in Amentum Holdings, Inc. ( NYSE:AMTM – Free Report ) by 40.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 38,884 shares of the company’s stock after selling 26,019 shares during the period. Mariner LLC’s holdings in Amentum were worth $818,000 as of its most recent SEC filing. Other large investors also recently made changes to their positions in the company.
Barclays PLC acquired a new stake in Amentum during the 3rd quarter valued at $5,153,000. Anchor Investment Management LLC acquired a new stake in Amentum during the 3rd quarter valued at $32,000. Pine Valley Investments Ltd Liability Co acquired a new stake in Amentum during the 3rd quarter valued at $677,000.
Sfmg LLC acquired a new stake in Amentum during the 3rd quarter valued at $354,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Amentum during the 3rd quarter valued at $790,000. Institutional investors and hedge funds own 39.
93% of the company’s stock. Analyst Upgrades and Downgrades AMTM has been the subject of a number of recent analyst reports. Cantor Fitzgerald raised shares of Amentum to a “hold” rating in a report on Tuesday, February 25th.
Truist Financial decreased their price objective on shares of Amentum from $31.00 to $24.00 and set a “buy” rating for the company in a report on Monday, April 14th.
Royal Bank of Canada reissued a “sector perform” rating and set a $24.00 price objective on shares of Amentum in a report on Thursday, February 6th. Morgan Stanley assumed coverage on shares of Amentum in a report on Wednesday, April 16th.
They set an “underweight” rating and a $19.00 price objective for the company. Finally, BTIG Research assumed coverage on shares of Amentum in a report on Tuesday, April 15th.
They set a “buy” rating and a $30.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock.
According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $24.71. Amentum Price Performance AMTM opened at $21.
84 on Tuesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.
59 and a quick ratio of 1.59. The business has a fifty day simple moving average of $18.
77 and a 200-day simple moving average of $22.23. Amentum Holdings, Inc.
has a fifty-two week low of $16.01 and a fifty-two week high of $34.47.
Amentum ( NYSE:AMTM – Get Free Report ) last released its earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
45 by $0.06. On average, equities analysts predict that Amentum Holdings, Inc.
will post 2.1 earnings per share for the current year. Insider Transactions at Amentum In other news, Director Barbara Loughran purchased 4,600 shares of the company’s stock in a transaction dated Tuesday, February 18th.
The shares were bought at an average price of $21.23 per share, with a total value of $97,658.00.
Following the completion of the transaction, the director now directly owns 4,600 shares in the company, valued at $97,658. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, insider Steven J. Demetriou purchased 100,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average cost of $20.
81 per share, for a total transaction of $2,081,000.00. Following the transaction, the insider now owns 620,893 shares of the company’s stock, valued at approximately $12,920,783.
33. This trade represents a 19.20 % increase in their ownership of the stock.
The disclosure for this purchase can be found here . 18.67% of the stock is owned by insiders.
Amentum Company Profile ( Free Report ) 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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