Latest news with #Amentum
Yahoo
09-07-2025
- Business
- Yahoo
Amentum Holdings (AMTM) Receives $360M Following Rapid Solutions Divestment
Amentum Holdings, Inc. (NYSE:AMTM) is one of the 15 successful spin-off companies. On June 27, the global leader in advanced engineering and innovative technology reaffirmed its status as a pure-play provider of technology solutions. A computer network engineering team setting up a server array in a data center. The company announced the divestment of its Rapid Solution unit to Lockheed Martin. As part of the transaction, Amentum is to receive $360 million in cash. The unit that the company sold accounted for 1% of total revenue and adjusted EBITDA. It specializes in manufacturing products aligned with national security missions. Amentum came into being following its merger with Jacob's Critical Mission Solutions and Cyber & Intelligence Government Services Businesses. The merger resulted in the creation of a pure-play government technology Solutions Company focused on addressing the world's most complex and critical challenges. Amentum Holdings Inc. (NYSE:AMTM) has established itself as a provider of advanced engineering and technology solutions. It supports the United States and its allies by addressing complex challenges in science, security, and sustainability. While we acknowledge the potential of AMTM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-07-2025
- Business
- Yahoo
What Makes Amentum Holdings (AMTM) an Attractive Bet?
Frontier Capital Management, an investment management company, released its 'Frontier Small Cap Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Class N shares of the fund returned -14.43% in the first quarter, compared to -11.12% for the benchmark Russell 2000 Growth Index. The fund returned -14.50% for the 12 months ended March 31, 2025, compared to the benchmark return of -4.86%. US equities traded lower in the first quarter, mainly during the last week of the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first quarter 2025 investor letter, Frontier Small Cap Growth Fund highlighted stocks such as Amentum Holdings, Inc. (NYSE:AMTM). Amentum Holdings, Inc. (NYSE:AMTM) offers engineering and technology solutions to the U.S. and allied government agencies. The one-month return of Amentum Holdings, Inc. (NYSE:AMTM) was 8.47%, and YTD its shares gained 15.07% of their value. On July 7, 2025, Amentum Holdings, Inc. (NYSE:AMTM) stock closed at $24.20 per share, with a market capitalization of $5.888 billion. Frontier Small Cap Growth Fund stated the following regarding Amentum Holdings, Inc. (NYSE:AMTM) in its first quarter 2025 investor letter: "The market volatility has created several opportunities to invest in companies at prices we find attractive, and thus we have initiated new positions in a variety of industries. Examples include CACI International Inc, Amentum Holdings, Inc. (NYSE:AMTM), Essential Properties Realty Trust, Inc., and DigitalOcean Holdings, Inc. CACI and Amentum both provide essential services to the Department of Defense and other governmental agencies. These companies recently saw a dramatic decline in their stock prices as investors became concerned that the newly formed Department of Government Efficiency (DOGE) would recommend cuts across all government areas. While pruning inefficient spending is likely, we believe that the mission critical nature of the projects on which CACI and Amentum work, together with the considerable cost the government would incur to bring this work in-house, are testaments to the value these companies provide. While some projects may be delayed, increased spending on defense and digital infrastructure should enable these companies to grow earnings during the next few years." A diverse team of professionals working together to deliver sophisticated engineering solutions. Amentum Holdings, Inc. (NYSE:AMTM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 37 hedge fund portfolios held Amentum Holdings, Inc. (NYSE:AMTM) at the end of the first quarter, compared to 29 in the previous quarter. While we acknowledge the potential of Amentum Holdings, Inc. (NYSE:AMTM) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Amentum Holdings, Inc. (NYSE:AMTM) and shared the list of best new stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of AMTM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
05-07-2025
- Business
- Yahoo
Amentum JV Secures CAD$1.2B Annual Nuclear Lab Contract in Canada
Amentum Holdings Inc. (NYSE:AMTM) is one of the best new stocks to buy now. On June 12, Amentum announced that it had been awarded a new contract by Atomic Energy of Canada Limited/AECL. The contract is for the provision of operations and management solutions for Canadian Nuclear Laboratories/CNL, to advance nuclear science, technology, and innovation throughout Canada. The contract is valued at ~CAD$1.2 billion annually on average and was awarded to Nuclear Laboratory Partners of Canada Inc./NLPC. NLPC is a joint venture led by BWX Technologies Inc. (NYSE:BWXT) and includes Amentum, Kinectrics, and Battelle. The agreement features a 6-year base period, with potential extensions based on performance for a total duration of up to 20 years. A close up of a technician working on a semiconductor chip in a clean room. AECL operates under a Government-owned and Contractor-operated (GoCo) model through Canadian Nuclear Laboratories. It also owns the intellectual property for the CANDU, which is a heavy water nuclear reactor that uses natural uranium fuel, heavy water as both a moderator and coolant, and allows for refueling while the reactor is online. Amentum Holdings Inc. (NYSE:AMTM) provides engineering and technology solutions to the US and allied government agencies. Atomic Energy of Canada Limited is a federal Crown corporation with a mandate to drive nuclear opportunities for Canada. BWX Technologies Inc. (NYSE:BWXT) manufactures and sells nuclear components in the US, Canada, and internationally. While we acknowledge the potential of AMTM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
BTIG Thinks Amentum Is Undervalued with New Catalysts in Play
Amentum Holdings Inc. (NYSE:AMTM) is one of the 20 undervalued momentum stocks that are taking off. BTIG analyst Andre Madrid reiterated a Buy rating on Amentum Holdings Inc. on June 3, maintaining a $30 price target. His view reflects several developments that could support both operational performance and investor sentiment. First among those developments is the complete exit of Jacobs Solutions from Amentum's ownership. With Jacobs distributing its remaining 7.3 million shares, Amentum's public float has expanded, improving the stock's liquidity. As is typical for increased float, Madrid sees this as a positive shift that may broaden institutional interest and trading activity. Christian Lagerek/ The analyst also highlighted that the company has received a potential $4 billion contract with the U.S. Space Force. If the company successfully completes this project, it has the potential to further establish the company's reputation in managing larger, high-value government projects. Madrid also highlighted recent internal restructuring efforts. Recently, Amentum sold its Rapid Solutions unit and the proceeds from this divestiture are expected to help reduce debt, which would further bolster the balance sheet. It also revised its accounting methods for joint ventures, which should help the company in simplifying its structure and improve financial controls. The analyst also highlights that Amentum's valuation remains compelling, trading at around 10 times EV/EBITDA. In his view, this supports a bullish outlook on the stock. Amentum was formed on September 27, 2024, through the merger of the legacy Amentum business with a spin-off of Jacobs Solutions Inc.'s Critical Mission Solutions business, along with parts of the Jacobs Divergent Solutions business. The company delivers advanced engineering and technology solutions to a wide range of U.S. and allied government agencies, as well as commercial enterprises. While we acknowledge the potential of AMTM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 10 Best Tech Stocks to Buy According to Billionaires. Disclosure: None. Sign in to access your portfolio
Business Wire
01-07-2025
- Business
- Business Wire
Amentum to Host Third Quarter Fiscal Year 2025 Earnings Conference Call on August 6, 2025
CHANTILLY, Va.--(BUSINESS WIRE)--Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, will host a conference call on August 6, 2025 at 8:30 AM EST to discuss financial results for the third quarter fiscal year 2025 ending June 27, 2025. A news release containing the results will be issued prior to the call. The conference call will be webcast to the public through a link on Amentum's Investor Relations Website. A replay of the conference call, along with the earnings press release, presentation slides and supplemental financial disclosures, will be available via the same link. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, collaboration and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents. Visit us at to learn how we advance the future together. Follow @Amentum_corp on X Follow Amentum on LinkedIn
