65,318 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Purchased by Stifel Financial Corp

Stifel Financial Corp acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 65,318 shares of the company’s stock, valued at approximately $2,107,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wharton Business Group LLC acquired a new stake in shares of Amentum in the 3rd quarter worth $2,106,000. Peak Asset Management LLC purchased a new position in Amentum during the third quarter worth about $774,000. Tower Bridge Advisors acquired a new stake in Amentum in the third quarter valued at about $4,053,000. Oppenheimer Asset Management Inc. purchased a new stake in Amentum in the 3rd quarter valued at approximately $1,062,000. Finally, Janney Montgomery Scott LLC acquired a new position in Amentum during the 3rd quarter worth approximately $2,178,000. 39.93% of the stock is owned by hedge funds and other institutional investors.

Amentum Price Performance

Shares of Amentum stock opened at $18.93 on Friday. The firm has a 50-day moving average of $26.57. Amentum Holdings, Inc. has a 12-month low of $18.89 and a 12-month high of $34.50.

Analyst Ratings Changes

Several analysts have recently commented on AMTM shares. Truist Financial began coverage on Amentum in a report on Monday, October 14th. They issued a “buy” rating and a $31.00 price target for the company. Raymond James initiated coverage on Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 target price for the company.

About Amentum

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.