National Bank of Canada FI Purchases 2,193 Shares of Amentum Holdings, Inc. (NYSE:AMTM)

National Bank of Canada FI lifted its position in Amentum Holdings, Inc. (NYSE:AMTM) by 31,328.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,200 shares of the company’s stock after buying an additional 2,193 shares during the period. National Bank of Canada FI’s holdings in Amentum were worth $46,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AMTM. FMR LLC purchased a new stake in Amentum during the 3rd quarter valued at $2,558,000. HighTower Advisors LLC bought a new stake in Amentum in the 3rd quarter worth about $1,481,000. Point72 Asset Management L.P. purchased a new position in Amentum in the 3rd quarter worth about $194,000. Quantinno Capital Management LP bought a new position in Amentum during the 3rd quarter valued at about $880,000. Finally, Stifel Financial Corp purchased a new stake in shares of Amentum during the 3rd quarter valued at about $2,107,000. Institutional investors own 39.93% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on AMTM shares. Cantor Fitzgerald raised shares of Amentum to a “hold” rating in a report on Tuesday, February 25th. Royal Bank of Canada reiterated a “sector perform” rating and set a $24.00 target price on shares of Amentum in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group assumed coverage on Amentum in a report on Thursday, March 20th. They set a “neutral” rating and a $21.00 price target on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Amentum has an average rating of “Hold” and an average target price of $26.20.

Insider Transactions at Amentum

In other Amentum news, Director Barbara Loughran purchased 4,600 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of $21.23 per share, for a total transaction of $97,658.00. Following the purchase, the director now owns 4,600 shares of the company’s stock, valued at approximately $97,658. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Steven J. Demetriou acquired 100,000 shares of the stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average price of $20.81 per share, for a total transaction of $2,081,000.00. Following the completion of the transaction, the insider now directly owns 620,893 shares of the company’s stock, valued at approximately $12,920,783.33. This represents a 19.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 18.67% of the company’s stock.

Amentum Stock Performance

Shares of NYSE AMTM opened at $18.12 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.59 and a quick ratio of 1.59. Amentum Holdings, Inc. has a 12-month low of $16.01 and a 12-month high of $34.47. The firm’s 50 day simple moving average is $19.11.

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

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.