Amentum Holdings, Inc. (NYSE:AMTM) Shares Sold by Everett Harris & Co. CA

Everett Harris & Co. CA lowered its position in shares of Amentum Holdings, Inc. (NYSE:AMTM) by 58.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,888 shares of the company’s stock after selling 59,905 shares during the period. Everett Harris & Co. CA’s holdings in Amentum were worth $881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in AMTM. Arrow Financial Corp acquired a new stake in shares of Amentum during the 3rd quarter worth about $26,000. US Bancorp DE purchased a new position in Amentum during the third quarter worth about $30,000. Anchor Investment Management LLC acquired a new stake in shares of Amentum during the third quarter valued at about $32,000. Signaturefd LLC purchased a new stake in shares of Amentum in the 3rd quarter valued at approximately $33,000. Finally, Glen Eagle Advisors LLC purchased a new position in shares of Amentum during the 3rd quarter worth approximately $35,000. Hedge funds and other institutional investors own 39.93% of the company’s stock.

Amentum Trading Up 4.7 %

Shares of NYSE:AMTM opened at $20.95 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 1.02. Amentum Holdings, Inc. has a 1-year low of $18.38 and a 1-year high of $34.50. The stock’s fifty day simple moving average is $22.24.

Amentum (NYSE:AMTM) last announced its quarterly earnings data on Monday, December 16th. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.10. On average, research analysts forecast that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMTM. Raymond James assumed coverage on Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price objective on the stock. 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 price target on the stock. Finally, Truist Financial began coverage on shares of Amentum in a report on Monday, October 14th. They issued a “buy” rating and a $31.00 price objective for the company.

Amentum 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.