7,484 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Bought by BayBridge Capital Group LLC

BayBridge Capital Group LLC purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,484 shares of the company’s stock, valued at approximately $241,000.

A number of other large investors have also added to or reduced their stakes in AMTM. Allspring Global Investments Holdings LLC bought a new position in shares of Amentum during the third quarter valued at about $78,399,000. Eastern Bank purchased a new position in Amentum during the 3rd quarter valued at about $3,325,000. Everett Harris & Co. CA bought a new position in Amentum during the 3rd quarter valued at approximately $3,283,000. Telos Capital Management Inc. purchased a new stake in Amentum in the 3rd quarter worth approximately $2,847,000. Finally, ZWJ Investment Counsel Inc. bought a new stake in shares of Amentum in the 3rd quarter worth approximately $2,256,000.

Wall Street Analyst Weigh In

Separately, Truist Financial assumed coverage on Amentum in a report on Monday, October 14th. They set a “buy” rating and a $31.00 target price for the company.

Amentum Trading Down 1.1 %

Shares of NYSE AMTM opened at $29.66 on Friday. Amentum Holdings, Inc. has a 12 month low of $23.58 and a 12 month high of $34.50.

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.