Grandfield & Dodd LLC Takes Position in Amentum Holdings, Inc. (NYSE:AMTM)

Grandfield & Dodd LLC purchased a new stake in Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,473 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMTM. Ontario Teachers Pension Plan Board purchased a new stake in Amentum in the 3rd quarter valued at about $298,000. Advisors Asset Management Inc. acquired a new position in shares of Amentum during the third quarter worth about $2,556,000. Hilton Capital Management LLC acquired a new position in shares of Amentum during the third quarter worth about $443,000. Kirtland Hills Capital Management LLC acquired a new position in shares of Amentum during the third quarter worth about $598,000. Finally, Commerce Bank acquired a new position in Amentum in the third quarter valued at approximately $214,000.

Wall Street Analyst Weigh In

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

Amentum Trading Up 2.1 %

Amentum stock opened at $22.41 on Thursday. Amentum Holdings, Inc. has a 12 month low of $21.24 and a 12 month 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.