Y.D. More Investments Ltd Acquires Shares of 6,790 Amentum Holdings, Inc. (NYSE:AMTM)

Y.D. More Investments Ltd bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,790 shares of the company’s stock, valued at approximately $143,000.

A number of other large investors have also recently modified their holdings of the business. Dover Advisors LLC bought a new stake in shares of Amentum during the third quarter worth about $219,000. McKinley Carter Wealth Services Inc. bought a new position in shares of Amentum during the third quarter valued at $1,764,000. Heritage Family Offices LLP acquired a new position in shares of Amentum during the third quarter worth $308,000. ZWJ Investment Counsel Inc. bought a new stake in shares of Amentum in the third quarter worth $2,256,000. Finally, Compass Wealth Management LLC acquired a new stake in Amentum in the third quarter valued at $804,000. Institutional investors and hedge funds own 39.93% of the company’s stock.

Amentum Price Performance

Shares of NYSE:AMTM opened at $22.72 on Thursday. Amentum Holdings, Inc. has a 1 year low of $18.38 and a 1 year high of $34.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.57 and a current ratio of 1.57. The company has a 50-day simple moving average of $22.04.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.06. Equities analysts anticipate that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMTM shares. Truist Financial began coverage on Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price target for the company. Royal Bank of Canada assumed coverage on shares of Amentum in a research report on Friday, January 10th. They set a “sector perform” rating and a $24.00 target price for the company. Finally, Raymond James started coverage on shares of Amentum in a research report on Thursday, November 21st. They issued 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.