Louisiana State Employees Retirement System Acquires New Shares in Amentum Holdings, Inc. (NYSE:AMTM)

Louisiana State Employees Retirement System acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 7,000 shares of the company’s stock, valued at approximately $226,000.

Several other institutional investors and hedge funds have also modified their holdings of AMTM. Signaturefd LLC acquired a new stake in shares of Amentum in the 3rd quarter valued at $33,000. Allworth Financial LP acquired a new position in Amentum during the 3rd quarter worth $140,000. Dover Advisors LLC acquired a new position in Amentum during the 3rd quarter worth $219,000. Ballentine Partners LLC acquired a new position in Amentum during the 3rd quarter worth $233,000. Finally, BayBridge Capital Group LLC acquired a new position in Amentum during the 3rd quarter worth $241,000.

Analyst Ratings Changes

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

Amentum Stock Up 3.3 %

Amentum stock opened at $30.99 on Thursday. Amentum Holdings, Inc. has a fifty-two week low of $23.58 and a fifty-two week 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.