Forte Capital LLC ADV Acquires Shares of 67,812 Amentum Holdings, Inc. (NYSE:AMTM)

Forte Capital LLC ADV bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, according to its most recent filing with the SEC. The fund bought 67,812 shares of the company’s stock, valued at approximately $2,187,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE purchased a new stake in Amentum in the third quarter worth $30,000. Signaturefd LLC purchased a new stake in Amentum in the 3rd quarter worth about $33,000. HM Payson & Co. bought a new stake in Amentum in the 3rd quarter valued at about $38,000. Harbor Capital Advisors Inc. purchased a new stake in Amentum during the third quarter valued at about $43,000. Finally, Evermay Wealth Management LLC purchased a new stake in Amentum during the third quarter valued at about $64,000.

Wall Street Analyst Weigh In

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

Amentum Price Performance

NYSE:AMTM opened at $30.99 on Thursday. Amentum Holdings, Inc. has a 52-week low of $23.58 and a 52-week high of $34.50.

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.