Oppenheimer Asset Management Inc. Invests $1.06 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Oppenheimer Asset Management Inc. bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,927 shares of the company’s stock, valued at approximately $1,062,000.

Other hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new stake in Amentum during the third quarter worth about $2,178,000. F M Investments LLC bought a new stake in shares of Amentum during the 3rd quarter worth approximately $3,543,000. Paragon Capital Management LLC bought a new stake in shares of Amentum during the 3rd quarter worth approximately $1,701,000. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Amentum in the 3rd quarter valued at approximately $5,998,000. Finally, Bancreek Capital Management LP bought a new position in shares of Amentum in the third quarter valued at $1,783,000.

Analyst Ratings Changes

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

Amentum Stock Performance

Shares of Amentum stock opened at $22.77 on Tuesday. Amentum Holdings, Inc. has a 1 year low of $22.24 and a 1 year 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.