CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT Purchases Shares of 19,000 Amentum Holdings, Inc. (NYSE:AMTM)

CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,000 shares of the company’s stock, valued at approximately $613,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC purchased a new stake in Amentum in the 3rd quarter valued at about $33,000. Dover Advisors LLC acquired a new stake in shares of Amentum in the third quarter worth approximately $219,000. Stratos Wealth Advisors LLC acquired a new position in Amentum during the third quarter worth approximately $282,000. Heritage Family Offices LLP purchased a new position in Amentum during the third quarter worth approximately $308,000. Finally, Vest Financial LLC acquired a new position in shares of Amentum in the 3rd quarter valued at $326,000.

Amentum Stock Up 0.2 %

Amentum stock traded up $0.05 during trading on Tuesday, reaching $29.01. 446,562 shares of the company’s stock were exchanged, compared to its average volume of 3,890,793. Amentum Holdings, Inc. has a 52-week low of $23.58 and a 52-week high of $34.50.

Analyst Upgrades and Downgrades

Separately, Truist Financial started coverage on Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 price objective for the company.

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.