Legacy Bridge LLC Makes New Investment in Amentum Holdings, Inc. (NYSE:AMTM)

Legacy Bridge LLC purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,219 shares of the company’s stock, valued at approximately $265,000.

Several other large investors also recently made changes to their positions in the stock. Peak Asset Management LLC bought a new position in shares of Amentum in the 3rd quarter valued at approximately $774,000. Wharton Business Group LLC acquired a new position in Amentum during the third quarter valued at approximately $2,106,000. Tower Bridge Advisors bought a new position in shares of Amentum in the third quarter valued at approximately $4,053,000. Janney Montgomery Scott LLC acquired a new stake in shares of Amentum in the third quarter worth $2,178,000. Finally, F M Investments LLC bought a new stake in shares of Amentum during the 3rd quarter worth $3,543,000.

Amentum Stock Performance

NYSE AMTM opened at $22.77 on Tuesday. Amentum Holdings, Inc. has a twelve month low of $22.24 and a twelve month high of $34.50.

Wall Street Analyst Weigh In

Separately, 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 on the stock.

About Amentum

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.