Verition Fund Management Adds $10M in Amentum Holdings, Inc. ($AMTM)
Key Points
- Verition Fund Management changed its Amentum Holdings, Inc. ($AMTM) stake by 50.0% last quarter, boosting to 1,297,946 shares worth $29.67 million.
- Wall Street's consensus rating on $AMTM is Buy and an average price target of $33.50.
- $AMTM last traded around $22.86.
Verition Fund Management increased its position in Amentum Holdings, Inc. ($AMTM) by 50.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,297,946 shares of Amentum Holdings, Inc. after buying 432,774 shares during the quarter. Verition Fund Management's holdings in Amentum Holdings, Inc. were worth $29.67 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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