Aberdeen Wealth Management LLC bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 10,582 shares of the company’s stock, valued at approximately $341,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. PNC Financial Services Group Inc. acquired a new position in shares of Amentum in the third quarter valued at approximately $1,397,000. Legacy Bridge LLC acquired a new position in shares of Amentum in the 3rd quarter valued at $265,000. Caldwell Investment Management Ltd. purchased a new position in shares of Amentum in the 3rd quarter valued at approximately $355,000. Wharton Business Group LLC purchased a new stake in shares of Amentum in the third quarter valued at about $2,106,000. Finally, Quest Partners LLC purchased a new position in Amentum in the third quarter worth $784,000.
Analyst Ratings Changes
Separately, Truist Financial initiated coverage on shares of Amentum in a research report on Monday, October 14th. They issued a “buy” rating and a $31.00 price target on the stock.
Amentum Stock Performance
Shares of NYSE:AMTM opened at $22.77 on Tuesday. Amentum Holdings, Inc. has a one year low of $22.24 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.
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