Ontario Teachers Pension Plan Board Makes New $298,000 Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Ontario Teachers Pension Plan Board purchased a new stake in Amentum Holdings, Inc. (NYSE:AMTM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,254 shares of the company’s stock, valued at approximately $298,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Arrow Financial Corp acquired a new stake in Amentum in the 3rd quarter valued at approximately $26,000. US Bancorp DE acquired a new position in shares of Amentum during the third quarter valued at $30,000. Signaturefd LLC acquired a new position in shares of Amentum during the third quarter valued at $33,000. HM Payson & Co. bought a new stake in shares of Amentum during the third quarter valued at about $38,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in Amentum in the third quarter worth about $43,000.

Amentum Trading Down 1.2 %

Shares of AMTM stock opened at $24.47 on Friday. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.

Wall Street Analysts Forecast Growth

Several research firms have commented on AMTM. Raymond James began coverage on shares of Amentum in a research note on Thursday. They set an “outperform” rating and a $30.00 target price on the stock. Truist Financial initiated coverage on shares of Amentum in a research note on Monday, October 14th. They set a “buy” rating and a $31.00 price objective on the stock.

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.