FRG Family Wealth Advisors LLC Makes New Investment in Amentum Holdings, Inc. (NYSE:AMTM)

FRG Family Wealth Advisors LLC bought a new position in Amentum Holdings, Inc. (NYSE:AMTMFree Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 9,315 shares of the company’s stock, valued at approximately $300,000.

A number of other institutional investors have also bought and sold shares of the business. Geode Capital Management LLC purchased a new position in Amentum in the 3rd quarter worth approximately $101,022,000. Greenwood Gearhart Inc. purchased a new position in Amentum in the 3rd quarter worth approximately $1,959,000. Vestcor Inc purchased a new position in Amentum in the 3rd quarter worth approximately $81,000. Barclays PLC acquired a new stake in shares of Amentum during the 3rd quarter worth approximately $5,153,000. Finally, Nomura Asset Management Co. Ltd. acquired a new stake in shares of Amentum during the 3rd quarter worth approximately $77,000. 39.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AMTM has been the subject of a number of recent analyst reports. Truist Financial initiated coverage on shares of Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 price target for the company. Raymond James assumed coverage on shares of Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price target for the company.

Read Our Latest Stock Report on Amentum

Amentum Trading Up 2.5 %

Amentum stock opened at $23.75 on Tuesday. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.

Amentum Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amentum (NYSE:AMTM)

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