North Growth Management Ltd. Purchases Shares of 93,000 Amentum Holdings, Inc. (NYSE:AMTM)

North Growth Management Ltd. acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 93,000 shares of the company’s stock, valued at approximately $2,997,000.

Other institutional investors have also recently made changes to their positions in the company. Dover Advisors LLC purchased a new position in shares of Amentum in the 3rd quarter valued at about $219,000. McKinley Carter Wealth Services Inc. acquired a new stake in Amentum in the third quarter valued at approximately $1,764,000. Heritage Family Offices LLP purchased a new stake in shares of Amentum in the third quarter valued at approximately $308,000. ZWJ Investment Counsel Inc. acquired a new position in shares of Amentum during the 3rd quarter worth approximately $2,256,000. Finally, Compass Wealth Management LLC purchased a new position in shares of Amentum during the 3rd quarter valued at approximately $804,000.

Analysts Set New Price Targets

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 price target for the company.

Amentum Trading Down 3.4 %

NYSE AMTM opened at $32.28 on Tuesday. Amentum Holdings, Inc. has a one year low of $23.58 and a one year high of $34.50.

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.