Advisors Management Group Inc. ADV Makes New Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Advisors Management Group Inc. ADV purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,052 shares of the company’s stock, valued at approximately $227,000.

Several other large investors have also modified their holdings of AMTM. US Bancorp DE acquired a new stake in shares of Amentum during the third quarter worth $30,000. Signaturefd LLC purchased a new stake in shares of Amentum in the third quarter valued at about $33,000. HM Payson & Co. purchased a new stake in shares of Amentum in the third quarter valued at about $38,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Amentum in the third quarter valued at about $43,000. Finally, Evermay Wealth Management LLC purchased a new stake in shares of Amentum in the third quarter valued at about $64,000.

Analyst Ratings Changes

Separately, Truist Financial began coverage on shares of Amentum in a report on Monday, October 14th. They issued a “buy” rating and a $31.00 target price on the stock.

Amentum Price Performance

AMTM stock opened at $30.99 on Thursday. Amentum Holdings, Inc. has a 52 week low of $23.58 and a 52 week high of $34.50.

Amentum Company 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.