Hilltop National Bank Acquires Shares of 2,554 Amentum Holdings, Inc. (NYSE:AMTM)

Hilltop National Bank acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,554 shares of the company’s stock, valued at approximately $54,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. State Street Corp bought a new stake in shares of Amentum during the third quarter worth $236,306,000. Primecap Management Co. CA acquired a new position in shares of Amentum in the third quarter worth approximately $169,999,000. Geode Capital Management LLC bought a new stake in Amentum in the third quarter valued at approximately $101,022,000. Ruane Cunniff & Goldfarb L.P. bought a new stake in Amentum in the third quarter valued at approximately $81,608,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Amentum in the third quarter valued at approximately $78,399,000. Institutional investors own 39.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AMTM shares. Raymond James started coverage on Amentum in a research note on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price target on the stock. 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 on the stock. Finally, Royal Bank of Canada began coverage on Amentum in a research report on Friday. They set a “sector perform” rating and a $24.00 target price on the stock.

Amentum Trading Up 5.2 %

Shares of NYSE:AMTM opened at $22.60 on Friday. The stock’s 50 day moving average price is $24.14. Amentum Holdings, Inc. has a twelve month low of $18.38 and a twelve month high of $34.50.

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.