Signature Estate & Investment Advisors LLC Makes New Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Signature Estate & Investment Advisors LLC purchased a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,055 shares of the company’s stock, valued at approximately $421,000.

A number of other hedge funds have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Amentum in the 3rd quarter valued at approximately $78,399,000. Victory Capital Management Inc. purchased a new position in Amentum in the third quarter worth approximately $6,842,000. Mesirow Financial Investment Management Inc. acquired a new stake in Amentum during the third quarter worth $5,998,000. Principal Financial Group Inc. purchased a new stake in Amentum in the third quarter valued at $4,695,000. Finally, Washington Trust Advisors Inc. acquired a new position in shares of Amentum in the 3rd quarter valued at $4,134,000.

Analysts Set New Price Targets

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

Amentum Stock Performance

Shares of AMTM stock opened at $25.20 on Friday. Amentum Holdings, Inc. has a one year low of $23.58 and a one 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.