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Peak Asset Management LLC Invests $774,000 in Amentum Holdings, Inc. (NYSE:AMTM)


Peak Asset Management LLC Invests $774,000 in Amentum Holdings, Inc. (NYSE:AMTM)

Peak Asset Management LLC bought a new stake in shares of Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,000 shares of the company's stock, valued at approximately $774,000.

Several other large investors have also added to or reduced their stakes in the business. F M Investments LLC acquired a new stake in shares of Amentum in the 3rd quarter valued at about $3,543,000. Mesirow Financial Investment Management Inc. acquired a new stake in Amentum in the third quarter valued at approximately $5,998,000. Paragon Capital Management LLC acquired a new stake in Amentum in the third quarter valued at approximately $1,701,000. Janney Montgomery Scott LLC bought a new stake in shares of Amentum during the third quarter valued at approximately $2,178,000. Finally, Crestwood Advisors Group LLC bought a new position in shares of Amentum in the 3rd quarter worth $2,582,000.

AMTM stock opened at $29.62 on Thursday. Amentum Holdings, Inc. has a twelve month low of $23.58 and a twelve month high of $34.50.

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

Get Our Latest Analysis on AMTM

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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