Caisse DE Depot ET Placement DU Quebec Invests $23.16 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Caisse DE Depot ET Placement DU Quebec acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, Holdings Channel reports. The fund acquired 718,039 shares of the company’s stock, valued at approximately $23,157,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Arrow Financial Corp purchased a new stake in Amentum in the 3rd quarter valued at $26,000. US Bancorp DE purchased a new stake in shares of Amentum in the 3rd quarter valued at approximately $30,000. Signaturefd LLC acquired a new stake in shares of Amentum during the 3rd quarter worth approximately $33,000. HM Payson & Co. purchased a new stake in shares of Amentum during the 3rd quarter valued at approximately $38,000. Finally, Studio Investment Management LLC acquired a new position in Amentum in the third quarter valued at approximately $42,000.

Analysts Set New Price Targets

A number of research firms have commented on AMTM. Truist Financial initiated coverage on Amentum in a research report on Monday, October 14th. They issued a “buy” rating and a $31.00 target price on the stock. Raymond James assumed coverage on shares of Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price objective on the stock.

Amentum Stock Up 1.9 %

NYSE:AMTM opened at $24.35 on Monday. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.

Amentum 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.