Verition Fund Management 13F: Adds $8.9M to Amentum (AMTM) Stake

Verition Fund Management Expands Amentum Position

Verition Fund Management grew its stake in Amentum Holdings, Inc. (NYSE: AMTM) by 50.0% during the period ended May 15, 2026, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The filing reflects holdings as of the reporting date and may not represent the investor's current position.

Inside the Amentum Holdings Investment Shift

The fund added 432,774 shares to its portfolio during the period, bringing its total ownership to 1,297,946 shares. That stake carried a reported market value of $26.75 million at the time of the filing. Prior to this addition, the fund held 865,172 shares of the specialty business services firm.

Where AMTM Stock Trades Right Now

Amentum Holdings shares recently traded at $20.61. The stock sits near its 50-day moving average of $20.15, while trading below its 200-day moving average of $25.14. Over the past year, the shares have traded in a 52-week range between a low of $17.72 and a high of $38.11. The company has a market capitalization of $4.66 billion and a P/E ratio of 23.0, alongside a forward P/E of 7.23.

Recent Earnings and Financial Standing

For the company's financial profile, Amentum Holdings generated $14.13 billion in revenue over the trailing period, alongside a revenue growth rate of -0.02. The firm posted earnings of $0.83 per share, with a net margin of 1.44% and a return on equity of 4.29%. The next earnings release is scheduled for December 14, 2026.

Analysts Set New Price Targets

Wall Street firms have adjusted their views on the stock across recent months. On October 6, 2026, BNP Paribas upgraded the stock to a neutral rating while lowering its target to $20.00 from $21.00. Earlier, on August 17, 2026, JP Morgan maintained a neutral rating and lowered its target from $31.00 to $26.00. RBC Capital kept a sector perform rating with a $26.00 target on August 12, 2026, and UBS maintained a neutral rating with a $24.00 target on the same day. BTIG maintained a buy rating with a target of $30.00 on August 12, 2026. The stock currently holds a buy recommendation overall, backed by a mean analyst price target of $29.33 from twelve participating opinions.

Company Business and Strategy

Amentum Holdings, Inc. provides engineering and technology solutions to government and commercial clients in the United States and internationally. Operating through digital solutions and global engineering segments, the Chantilly, Virginia-based firm delivers intelligence analytics, cybersecurity, and space system development. This institutional filing activity highlights how large managers position themselves in the federal contracting and technology services sector.

What to Watch Next for Verition

Investors tracking Verition Fund Management will look to subsequent quarterly filings to see whether the firm maintains or alters this expanded stake. Market participants will also monitor upcoming financial results in December 2026 for further signals on operational performance. As always, 13F data remains backward-looking and captures historical positioning rather than real-time trades.