Sheaff Brock Investment Advisors LLC Makes New Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Sheaff Brock Investment Advisors LLC acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,210 shares of the company’s stock, valued at approximately $200,000.

Several other institutional investors and hedge funds have also modified their holdings of AMTM. Arrow Financial Corp acquired a new stake in Amentum in the 3rd quarter worth about $26,000. US Bancorp DE acquired a new stake in shares of Amentum in the third quarter worth approximately $30,000. Signaturefd LLC purchased a new stake in Amentum in the third quarter valued at approximately $33,000. HM Payson & Co. acquired a new position in Amentum during the third quarter worth approximately $38,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in shares of Amentum during the 3rd quarter worth $43,000.

Amentum Stock Performance

Amentum stock opened at $25.20 on Friday. Amentum Holdings, Inc. has a 52-week low of $23.58 and a 52-week high of $34.50.

Wall Street Analysts Forecast Growth

Separately, Truist Financial began coverage on Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price objective 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.