Oppenheimer & Co. Inc. Takes Position in Amentum Holdings, Inc. (NYSE:AMTM)

Oppenheimer & Co. Inc. bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) during the third quarter, Holdings Channel reports. The fund bought 45,633 shares of the company’s stock, valued at approximately $1,472,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arrow Financial Corp purchased a new position in shares of Amentum during the 3rd quarter valued at $26,000. US Bancorp DE purchased a new position in Amentum during the third quarter worth about $30,000. Signaturefd LLC bought a new position in Amentum in the 3rd quarter worth about $33,000. HM Payson & Co. purchased a new stake in shares of Amentum in the 3rd quarter valued at about $38,000. Finally, Harbor Capital Advisors Inc. purchased a new position in shares of Amentum during the third quarter worth about $43,000.

Amentum Stock Performance

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

Analyst Ratings Changes

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

Amentum Company 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.