Caldwell Investment Management Ltd. Acquires New Position in Amentum Holdings, Inc. (NYSE:AMTM)

Caldwell Investment Management Ltd. bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 11,000 shares of the company’s stock, valued at approximately $355,000.

A number of other large investors have also recently modified their holdings of the business. Allspring Global Investments Holdings LLC acquired a new position in Amentum during the third quarter worth about $78,399,000. Thrivent Financial for Lutherans acquired a new position in shares of Amentum during the third quarter worth $17,268,000. Swiss National Bank bought a new stake in shares of Amentum in the 3rd quarter valued at about $10,088,000. Victory Capital Management Inc. bought a new stake in Amentum in the third quarter valued at approximately $6,842,000. Finally, Natixis Advisors LLC bought a new stake in shares of Amentum in the 3rd quarter valued at $6,471,000.

Amentum Price Performance

Shares of NYSE:AMTM opened at $22.77 on Tuesday. Amentum Holdings, Inc. has a 1 year low of $22.24 and a 1 year high of $34.50.

Analyst Ratings Changes

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

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.