Royce & Associates LP Invests $726,000 in Amentum Holdings, Inc. (NYSE:AMTM)

Royce & Associates LP acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 22,500 shares of the company’s stock, valued at approximately $726,000.

Several other hedge funds have also made changes to their positions in the stock. Peak Asset Management LLC acquired a new position in Amentum in the 3rd quarter valued at approximately $774,000. Janney Montgomery Scott LLC acquired a new position in shares of Amentum in the third quarter valued at $2,178,000. Oppenheimer Asset Management Inc. bought a new position in Amentum in the third quarter worth $1,062,000. F M Investments LLC acquired a new stake in Amentum during the third quarter worth $3,543,000. Finally, Paragon Capital Management LLC bought a new stake in Amentum in the 3rd quarter valued at $1,701,000.

Amentum Stock Up 2.1 %

Shares of AMTM opened at $22.41 on Thursday. Amentum Holdings, Inc. has a 1 year low of $21.24 and a 1 year high of $34.50.

Analyst Ratings Changes

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

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.