Amentum Holdings, Inc. (NYSE:AMTM) Shares Sold by BOK Financial Private Wealth Inc.

BOK Financial Private Wealth Inc. trimmed its position in Amentum Holdings, Inc. (NYSE:AMTM) by 18.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 10,807 shares of the company’s stock after selling 2,408 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Amentum were worth $227,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AMTM. US Bancorp DE acquired a new stake in shares of Amentum during the 3rd quarter valued at $30,000. Janney Montgomery Scott LLC acquired a new stake in shares of Amentum during the 3rd quarter valued at $2,178,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of Amentum during the 3rd quarter valued at $1,337,000. Asset Management One Co. Ltd. acquired a new stake in shares of Amentum during the 3rd quarter valued at $2,476,000. Finally, Amalgamated Bank acquired a new stake in shares of Amentum during the 3rd quarter valued at $824,000. 39.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amentum

In related news, insider Steven J. Demetriou purchased 100,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average cost of $20.81 per share, with a total value of $2,081,000.00. Following the completion of the purchase, the insider now owns 620,893 shares of the company’s stock, valued at $12,920,783.33. The trade was a 19.20 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barbara Loughran purchased 4,600 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost of $21.23 per share, for a total transaction of $97,658.00. Following the completion of the purchase, the director now directly owns 4,600 shares of the company’s stock, valued at $97,658. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 18.67% of the company’s stock.

Amentum Price Performance

Shares of NYSE:AMTM opened at $19.90 on Monday. The firm’s fifty day moving average price is $21.16. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.59 and a current ratio of 1.59. Amentum Holdings, Inc. has a 12-month low of $17.82 and a 12-month high of $34.47.

Amentum (NYSE:AMTM) last announced its earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.06. On average, equities research analysts forecast that Amentum Holdings, Inc. will post 2.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on AMTM. Cantor Fitzgerald upgraded Amentum to a “hold” rating in a research report on Tuesday, February 25th. Raymond James began coverage on Amentum in a research report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price objective for the company. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $24.00 price objective on shares of Amentum in a research report on Thursday, February 6th.

Amentum 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.