Caisse DE Depot ET Placement DU Quebec Purchases Shares of 718,039 Amentum Holdings, Inc. (NYSE:AMTM)

Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 718,039 shares of the company’s stock, valued at approximately $23,157,000. Caisse DE Depot ET Placement DU Quebec owned about 0.29% of Amentum as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of AMTM. Primecap Management Co. CA purchased a new position in shares of Amentum in the 3rd quarter worth approximately $169,999,000. Ruane Cunniff & Goldfarb L.P. purchased a new stake in shares of Amentum in the third quarter valued at approximately $81,608,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Amentum in the 3rd quarter worth $78,399,000. Massachusetts Financial Services Co. MA bought a new position in Amentum during the 3rd quarter worth about $39,613,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Amentum in the third quarter worth approximately $24,527,000.

Analyst Ratings Changes

A number of brokerages have commented on AMTM. Truist Financial initiated coverage on shares of Amentum in a report on Monday, October 14th. They issued a “buy” rating and a $31.00 target price for the company. Raymond James assumed coverage on shares of Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price target on the stock.

Amentum Stock Performance

AMTM opened at $24.35 on Monday. Amentum Holdings, Inc. has a 1 year low of $21.24 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.