State of New Jersey Common Pension Fund D Makes New Investment in Amentum Holdings, Inc. (NYSE:AMTM)

State of New Jersey Common Pension Fund D purchased a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 43,336 shares of the company’s stock, valued at approximately $1,398,000.

Several other institutional investors have also made changes to their positions in AMTM. Dover Advisors LLC bought a new position in Amentum during the third quarter valued at approximately $219,000. McKinley Carter Wealth Services Inc. bought a new position in shares of Amentum during the 3rd quarter valued at $1,764,000. Heritage Family Offices LLP acquired a new stake in shares of Amentum in the 3rd quarter valued at $308,000. ZWJ Investment Counsel Inc. bought a new stake in Amentum in the third quarter worth $2,256,000. Finally, Compass Wealth Management LLC acquired a new position in Amentum during the third quarter worth $804,000.

Amentum Price Performance

Shares of Amentum stock opened at $22.77 on Tuesday. Amentum Holdings, Inc. has a 12-month low of $22.24 and a 12-month high of $34.50.

Analyst Ratings Changes

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

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.