Focus Partners Wealth Reduces $4M in Amentum Holdings, Inc. ($AMTM)
Key Points
- Focus Partners Wealth changed its Amentum Holdings, Inc. ($AMTM) stake by 6.8% last quarter, cutting to 2,604,911 shares worth $59.55 million.
- Wall Street's consensus rating on $AMTM is Buy and an average price target of $33.50.
- $AMTM last traded around $22.86.
Focus Partners Wealth trimmed its position in Amentum Holdings, Inc. ($AMTM) by 6.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,604,911 shares of Amentum Holdings, Inc. after selling 189,506 shares during the quarter. Focus Partners Wealth's holdings in Amentum Holdings, Inc. were worth $59.55 million as of its most recent filing.
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About Amentum Holdings, Inc.
Amentum Holdings, Inc. engages in the provision of engineering and technology solutions in the United States and internationally. It operates through two segments, Digital Solutions and Global Engineering Solutions. The company offers digital and data-driven solutions, including intelligence analytics, space system development, cybersecurity, and IT to the federal government and commercial clients. It also provides large-scale environmental remediation, nuclear power solutions, platform engineering, sustainment, and supply chain management for the U.S. government and allied nations. The company was incorporated in 2023 and is headquartered in Chantilly, Virginia.
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