117,059 Shares in Amentum Holdings, Inc. (NYSE:AMTM) Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC acquired a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 117,059 shares of the company’s stock, valued at approximately $3,501,000.

Other institutional investors have also added to or reduced their stakes in the company. Dover Advisors LLC bought a new stake in Amentum in the third quarter worth $219,000. McKinley Carter Wealth Services Inc. purchased a new stake in shares of Amentum during the third quarter worth about $1,764,000. Heritage Family Offices LLP acquired a new stake in shares of Amentum during the third quarter worth about $308,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Amentum during the third quarter worth about $2,256,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of Amentum during the third quarter worth about $804,000. 39.93% of the stock is owned by hedge funds and other institutional investors.

Amentum Price Performance

Shares of NYSE:AMTM opened at $23.85 on Thursday. The business’s 50-day simple moving average is $27.24. Amentum Holdings, Inc. has a 12-month low of $21.24 and a 12-month high of $34.50.

Analysts Set New Price Targets

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

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.