Amalgamated Bank Invests $824,000 in Amentum Holdings, Inc. (NYSE:AMTM)

Amalgamated Bank acquired a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 25,557 shares of the company’s stock, valued at approximately $824,000.

A number of other institutional investors also recently bought and sold shares of the company. Dover Advisors LLC acquired a new position in shares of Amentum during the 3rd quarter worth $219,000. McKinley Carter Wealth Services Inc. acquired a new position in Amentum during the third quarter worth about $1,764,000. Heritage Family Offices LLP purchased a new stake in shares of Amentum in the third quarter valued at about $308,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Amentum in the third quarter valued at approximately $2,256,000. Finally, Compass Wealth Management LLC acquired a new position in shares of Amentum during the 3rd quarter worth approximately $804,000.

Wall Street Analysts Forecast Growth

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

Amentum Price Performance

Amentum stock opened at $26.40 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.