Charles Schwab Investment Management Inc. Acquires New Stake in Amentum Holdings, Inc. (NYSE:AMTM)

Posted by Defense World Staff on Dec 6th, 2024

Charles Schwab Investment Management Inc. acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 760,516 shares of the company’s stock, valued at approximately $24,527,000. Charles Schwab Investment Management Inc. owned approximately 0.31% of Amentum as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arrow Financial Corp purchased a new position in shares of Amentum in the 3rd quarter worth $26,000. US Bancorp DE purchased a new position in shares of Amentum in the 3rd quarter worth $30,000. Signaturefd LLC purchased a new position in shares of Amentum in the 3rd quarter worth $33,000. HM Payson & Co. purchased a new position in shares of Amentum in the 3rd quarter worth $38,000. Finally, Harbor Capital Advisors Inc. purchased a new position in shares of Amentum in the 3rd quarter worth $43,000.

Amentum Trading Down 3.6 %

NYSE AMTM opened at $23.05 on Friday. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AMTM shares. 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. Raymond James began coverage on Amentum in a research report on Thursday, November 21st. They set an “outperform” rating and a $30.00 target price on the stock.

Check Out Our Latest Report on Amentum

Amentum Company 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.