Signature Estate & Investment Advisors LLC Invests $421,000 in Amentum Holdings, Inc. (NYSE:AMTM)

Signature Estate & Investment Advisors LLC acquired a new stake in Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, Holdings Channel reports. The firm acquired 13,055 shares of the company’s stock, valued at approximately $421,000.

Other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in Amentum in the 3rd quarter valued at approximately $78,399,000. Victory Capital Management Inc. acquired a new stake in shares of Amentum in the third quarter valued at $6,842,000. Mesirow Financial Investment Management Inc. purchased a new position in Amentum in the third quarter valued at $5,998,000. Principal Financial Group Inc. acquired a new position in Amentum during the 3rd quarter worth $4,695,000. Finally, Washington Trust Advisors Inc. purchased a new stake in Amentum during the 3rd quarter worth about $4,134,000.

Wall Street Analyst Weigh In

Separately, Truist Financial started coverage on Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price objective for the company.

Amentum Stock Down 4.6 %

Shares of NYSE:AMTM opened at $25.20 on Friday. Amentum Holdings, Inc. has a 52 week low of $23.58 and a 52 week high of $34.50.

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.