Wharton Business Group LLC Takes $2.11 Million Position in Amentum Holdings, Inc. (NYSE:AMTM)

Wharton Business Group LLC bought a new position in Amentum Holdings, Inc. (NYSE:AMTM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 65,295 shares of the company’s stock, valued at approximately $2,106,000.

Several other large investors also recently modified their holdings of the business. Arrow Financial Corp bought a new stake in shares of Amentum in the third quarter worth about $26,000. US Bancorp DE bought a new stake in shares of Amentum in the third quarter worth about $30,000. Signaturefd LLC bought a new stake in shares of Amentum in the third quarter worth about $33,000. HM Payson & Co. bought a new stake in shares of Amentum in the third quarter worth about $38,000. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of Amentum in the third quarter worth about $43,000.

Amentum Trading Up 3.1 %

Shares of AMTM opened at $25.99 on Monday. Amentum Holdings, Inc. has a one year low of $23.58 and a one year high of $34.50.

Analyst Upgrades and Downgrades

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

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.