North Growth Management Ltd. Purchases New Stake in Amentum Holdings, Inc. (NYSE:AMTM)

North Growth Management Ltd. acquired 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 (SEC). The fund acquired 93,000 shares of the company’s stock, valued at approximately $2,997,000.

Other large investors also recently added to or reduced their stakes in the company. Arrow Financial Corp acquired a new stake in shares of Amentum during the 3rd quarter worth approximately $26,000. US Bancorp DE acquired a new stake in Amentum during the third quarter worth $30,000. Signaturefd LLC purchased a new stake in Amentum in the third quarter valued at $33,000. HM Payson & Co. acquired a new position in shares of Amentum in the 3rd quarter valued at $38,000. Finally, Harbor Capital Advisors Inc. purchased a new position in shares of Amentum during the 3rd quarter worth $43,000.

Amentum Stock Down 3.4 %

NYSE:AMTM opened at $32.28 on Tuesday. Amentum Holdings, Inc. has a fifty-two week low of $23.58 and a fifty-two week high of $34.50.

Analyst Upgrades and Downgrades

Separately, Truist Financial initiated coverage on shares of Amentum in a research report on Monday, October 14th. They issued a “buy” rating and a $31.00 target price 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.