Baldwin Investment Management LLC Purchases New Shares in Amentum Holdings, Inc. (NYSE:AMTM)

Baldwin Investment Management LLC acquired a new position in Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,215 shares of the company’s stock, valued at approximately $297,000.

Several other large investors also recently made changes to their positions in AMTM. Wharton Business Group LLC acquired a new position in Amentum during the 3rd quarter worth about $2,106,000. Peak Asset Management LLC bought a new position in shares of Amentum in the third quarter worth about $774,000. Tower Bridge Advisors acquired a new position in shares of Amentum during the third quarter worth approximately $4,053,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Amentum during the third quarter valued at approximately $1,062,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Amentum in the third quarter valued at approximately $2,178,000.

Amentum Price Performance

Shares of AMTM stock opened at $23.90 on Thursday. Amentum Holdings, Inc. has a one year low of $21.24 and a one year high of $34.50.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Raymond James initiated coverage on Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price objective on the stock. Truist Financial assumed coverage on 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.