Invesco Reduces $8M in Amentum Holdings, Inc. ($AMTM)

Invesco recently filed its latest 13F with the SEC, revealing a reduction in its holdings of Amentum Holdings, Inc. (NYSE:AMTM). The firm trimmed its position by 360,225 shares, a decrease of about 1.65%, bringing its total holdings to 21,473,778 shares valued at approximately $499.16 million as of the reporting period.

What Changed in Invesco's Amentum Holdings Position

Invesco cut its stake in Amentum Holdings, reducing its previous holding of 21,834,003 shares to 21,473,778 shares. This reduction of 360,225 shares represents a 1.65% decrease in its position, valued at around $499.16 million based on the latest filing.

Other Institutional Activity in Amentum Holdings

Several other institutional investors also adjusted their positions in Amentum Holdings. American Securities LLC maintained its stake unchanged at 45,026,743 shares, worth about $1.17 billion. BlackRock, Inc. increased its holdings by 382,184 shares, resulting in a total of 17,841,283 shares valued at approximately $465.3 million. Primecap Management Co/CA/ slightly reduced its position by 41,633 shares to hold 12,085,294 shares worth $315.18 million. Meanwhile, Legacy Advisors, LLC significantly cut its stake by 750,011 shares, ending with 9,064,278 shares.

Amentum Holdings Stock Snapshot

Shares of Amentum Holdings (NYSE:AMTM) recently traded near $23.25. The company has a market capitalization of $5.47 billion, with a P/E ratio of 37.37 and a forward P/E of 8.08. Amentum's stock has experienced a 52-week low of $21.11 and a high of $38.11, with a 50-day moving average of $24.74 and a 200-day moving average of $26.90. The company's current ratio stands at 1.48, and its quick ratio is 1.40, with a debt-to-equity ratio of 83.5.

Recent Earnings

In its most recent earnings report, Amentum Holdings posted revenue of $14.20 billion, with a slight revenue decline of 0.4%. The company's earnings per share (EPS) stood at $0.60. Amentum's net margin was 1.04%, and its return on equity was 2.89%. The company is scheduled to announce its next earnings on August 3, 2026.

Insider Buying and Selling at Amentum Holdings, Inc.

On May 6, 2026, several insiders at Amentum Holdings made stock transactions. CEO John Heller sold 18,145 shares, while COO Stephen Arnette and CTO Jill Bruning each purchased 13,609 and 9,072 shares, respectively. Additionally, CTO Jill Bruning sold 2,731 shares at an average price of $24.89. Chief Growth Officer Sean Thomas Mullen also acquired 9,072 shares.

Analysts Set New Price Targets

Analyst activity for Amentum Holdings included JP Morgan maintaining a "hold" rating with a $31 target on May 26, 2026. On the same day, BNP Paribas initiated coverage with a "sell" rating and a $22 target. Earlier, on May 13, 2026, RBC Capital maintained its "hold" rating with a $28 target, while Truist Securities reiterated a "buy" rating with a $35 target. The consensus recommendation for Amentum Holdings is "buy," with a mean target price of $33.50 from 12 analyst opinions.

About Amentum Holdings

Amentum Holdings, Inc. provides engineering and technology solutions primarily to the U.S. federal government and commercial clients. The company operates through its Digital Solutions and Global Engineering Solutions segments, offering services such as intelligence analytics, space system development, and cybersecurity. Amentum also provides environmental remediation and nuclear power solutions. Headquartered in Chantilly, Virginia, the company is led by CEO John E. Heller and employs approximately 50,000 people.

Bottom Line

Invesco's recent trimming of its stake in Amentum Holdings offers insight into the firm's confidence in the company's future prospects. While 13F filings provide valuable historical data, they may not reflect the current position. For investors, keeping an eye on institutional moves, earnings reports, and analyst ratings can provide a well-rounded view of a company's market standing.