PNC Financial Services Group Inc. Invests $1.40 Million in Amentum Holdings, Inc. (NYSE:AMTM)

PNC Financial Services Group Inc. purchased a new stake in Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to its most recent filing with the SEC. The firm purchased 43,322 shares of the company’s stock, valued at approximately $1,397,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Dover Advisors LLC acquired a new stake in Amentum in the third quarter worth $219,000. McKinley Carter Wealth Services Inc. acquired a new stake in Amentum during the 3rd quarter worth $1,764,000. Heritage Family Offices LLP bought a new position in Amentum during the third quarter worth about $308,000. ZWJ Investment Counsel Inc. acquired a new position in Amentum in the third quarter valued at about $2,256,000. Finally, Compass Wealth Management LLC bought a new stake in shares of Amentum in the third quarter worth about $804,000.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMTM. Raymond James started coverage on Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price objective on the stock. Truist Financial started coverage on shares of Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price target on the stock.

Amentum Stock Down 0.8 %

AMTM stock opened at $24.61 on Wednesday. Amentum Holdings, Inc. has a 1 year low of $21.24 and a 1 year high of $34.50.

Amentum Company 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.