Kovitz Investment Group Partners LLC Invests $4.30 Million in Amentum Holdings, Inc. (NYSE:AMTM)

Kovitz Investment Group Partners LLC bought a new position in shares of Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 135,026 shares of the company’s stock, valued at approximately $4,304,000. Kovitz Investment Group Partners LLC owned 0.05% of Amentum as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of AMTM. Wharton Business Group LLC acquired a new position in shares of Amentum during the third quarter worth about $2,106,000. Peak Asset Management LLC acquired a new stake in shares of Amentum in the third quarter valued at about $774,000. Tower Bridge Advisors acquired a new position in Amentum during the 3rd quarter worth approximately $4,053,000. Oppenheimer Asset Management Inc. purchased a new position in Amentum in the 3rd quarter worth approximately $1,062,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Amentum in the third quarter valued at approximately $2,178,000.

Amentum Stock Performance

AMTM stock opened at $23.17 on Monday. Amentum Holdings, Inc. has a 52-week low of $21.24 and a 52-week high of $34.50.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. 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 price objective on the stock. Raymond James initiated coverage on shares of Amentum in a research report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price objective 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.