Amentum (NYSE:AMTM) Research Coverage Started at Raymond James

Raymond James assumed coverage on shares of Amentum (NYSE:AMTM) in a research report sent to investors on Thursday, Marketbeat reports. The firm issued an outperform rating and a $30.00 price target on the stock.

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

Amentum Stock Performance

Shares of Amentum stock opened at $24.43 on Thursday. Amentum has a 1 year low of $21.24 and a 1 year high of $34.50.

Hedge Funds Weigh In On Amentum

A number of hedge funds have recently bought and sold shares of AMTM. State Street Corp acquired a new stake in shares of Amentum during the 3rd quarter worth $236,306,000. Primecap Management Co. CA bought a new stake in Amentum during the third quarter worth about $169,999,000. Geode Capital Management LLC acquired a new stake in Amentum during the third quarter worth about $101,022,000. Ruane Cunniff & Goldfarb L.P. bought a new position in Amentum in the 3rd quarter valued at about $81,608,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Amentum in the 3rd quarter valued at approximately $78,399,000.

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.