Thompson Siegel & Walmsley LLC Invests $11.04 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Thompson Siegel & Walmsley LLC bought a new position in Amentum Holdings, Inc. (NYSE:AMTM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 342,242 shares of the company’s stock, valued at approximately $11,037,000. Thompson Siegel & Walmsley LLC owned about 0.14% of Amentum as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AMTM. Arrow Financial Corp bought a new position in Amentum during the 3rd quarter valued at about $26,000. US Bancorp DE purchased a new position in shares of Amentum during the 3rd quarter valued at $30,000. Signaturefd LLC purchased a new stake in shares of Amentum during the third quarter worth about $33,000. HM Payson & Co. purchased a new position in shares of Amentum in the third quarter worth $38,000. Finally, Harbor Capital Advisors Inc. purchased a new stake in Amentum in the 3rd quarter worth $43,000.

Amentum Stock Up 11.1 %

Shares of Amentum stock opened at $24.89 on Friday. Amentum Holdings, Inc. has a 12-month low of $21.24 and a 12-month high of $34.50.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Truist Financial started coverage on shares of Amentum in a research report on Monday, October 14th. They set a “buy” rating and a $31.00 target price on the stock. Raymond James began coverage on shares of Amentum in a report on Thursday. They set an “outperform” rating and a $30.00 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.