Date | Price Target | Rating | Analyst |
---|---|---|---|
4/15/2025 | $30.00 | Buy | BTIG Research |
3/20/2025 | $21.00 | Neutral | Goldman |
2/7/2025 | $25.00 | Neutral | Cantor Fitzgerald |
1/10/2025 | $24.00 | Sector Perform | RBC Capital Mkts |
11/21/2024 | $30.00 | Outperform | Raymond James |
10/14/2024 | $31.00 | Buy | Truist |
Amentum (NYSE:AMTM), a leading global technical and engineering solutions provider, has secured a $247.6 million contract from the U.S. Department of Defense (DOD) Air Combat Command (ACC), Acquisition Management and Integration Center (AMIC), Counternarcotics and Global Threats (CN>) Division. Amentum will leverage AI/Machine Learning-enabled tools and advanced analytical techniques to enable the DOD and partner agencies to deny, disrupt, destroy, or defeat finance systems and networks that negatively affect U.S. interests. "Our team's expertise and innovative solutions will play a pivotal role in identifying and disrupting the unlawful financial networks of America's adversaries, ultim
DALLAS, April 10, 2025 /PRNewswire/ -- Jacobs (NYSE:J) announced that it received $70 million and the right to receive 7,299,065 shares of common stock in Amentum Holdings, Inc. (NYSE:AMTM) in connection with the combination of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings LLC, which resulted in Amentum becoming a publicly traded company last year (the "CMS Separation Transaction"). These amounts represent the final determination of post-closing adjustments to the working-capital and merger consideration provided for in the CMS Separation Transaction agreements. Jacobs utilized the $70 million to repay a portion of its outstanding indebte
Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, will host a conference call on May 7, 2025 at 8:30 AM EDT to discuss financial results for the second quarter fiscal year 2025 ending March 28, 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,
Amentum Holdings, Inc. (NYSE:AMTM) ("Amentum") announced today the pricing of the previously announced secondary underwritten public offering (the "Offering") of 19,464,174 shares of its common stock (the "Shares") at a public offering price of $16.50 per share. The Offering is expected to close on March 13, 2025 subject to the satisfaction or waiver of customary closing conditions. Amentum is not selling any shares of common stock and will not receive any proceeds from the sale of the Shares in the Offering or from the debt-for-equity exchange (as described below). In connection with the Offering, a subsidiary of Jacobs Solutions Inc. (NYSE:J) ("Jacobs") is expected to exchange the Shares
The Outernet's backbone in space brings an unparalleled level of security to government & defense communications Highlights: Outernet is a constellation of 600 ultra-secure, networked low-earth orbit satellitesCombining the speed of fiber with the reach of satelliteOrbital mesh network with no terrestrial gateways ensures security by designWASHINGTON, March 11, 2025 /PRNewswire/ -- Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, is partnering with Rivada Space Networks to offer a unique, ultra-secure low earth orbit connectivity network to support mission-critical U.S. government communications around the globe.
Amentum Holdings, Inc. (NYSE:AMTM) ("Amentum") announced today the launch of a secondary underwritten public offering (the "Offering") of 19,464,174 shares of its common stock (the "Shares"). Amentum is not selling any shares of common stock and will not receive any proceeds from the sale of the Shares in the Offering or from the debt-for-equity exchange (as described below). In connection with the Offering, a subsidiary of Jacobs Solutions Inc. (NYSE:J) ("Jacobs") is expected to exchange 19,464,174 shares of Amentum's common stock for indebtedness of such subsidiary held by an affiliate of BofA Securities, Inc. (the "Selling Shareholder"). Following the debt-for-equity exchange, if consum
Amentum (NYSE:AMTM) has been selected as sole program and project management delivery partner for Sizewell C, a new nuclear power station that will strengthen the United Kingdom's energy security. "Sizewell C's always-on nuclear electricity will boost UK energy security at a time of volatile global gas prices, leading to lower and more predictable energy costs," said Andy White, Senior Vice President of Amentum Energy & Environment International. "Our international program management experience and the learning from our work at Hinkley Point C will help to advance a project which is crucial for job creation and economic growth across the country." As well as program and project management
Amentum (NYSE:AMTM), a leader in delivering advanced engineering and technology solutions to the U.S. government, allies and Fortune 500 companies, announced today that it will participate in the 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida. John Heller, Chief Executive Officer, will engage in a fireside chat session on Tuesday, March 4, at 4:00 p.m. E.T. A live audio webcast of the event will be available on the Amentum Investor Relations website at https://ir.amentum.com. A replay will be available from the website for 90 days following the event. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions
Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Michele St. Mary as Chief Legal Officer and General Counsel, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250217460746/en/Michele St. Mary, Amentum CLO and General Counsel (Photo: Business Wire) St. Mary will lead Amentum's legal, ethics, compliance, contracts, and security functions globally. Her role includes oversight of corporate matters, including governance, transactional and securities law matters, advice on the full range of contracting issues, supervision of company
Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, was selected by the General Services Administration (GSA) for the One Acquisition Solution for Integrated Services Plus (OASIS+) multiple-award IDIQ acquisition program for all eight domains. Amentum will leverage its deep technical and domain expertise to deliver a broad set of solutions, including research and development, engineering, C4ISR, smart infrastructure, and complex program management to address the U.S. government's most critical challenges. "Amentum, through its diverse capabilities and offerings, stands out amongst competitors by receiving an award on all eight IDIQ domains, a
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Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, will host a conference call on May 7, 2025 at 8:30 AM EDT to discuss financial results for the second quarter fiscal year 2025 ending March 28, 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,
Revenues of $3.4 billion, 2.3% growth on a pro forma basis Net Income of $12 million; Adjusted EBITDA of $262 million Diluted Earnings Per Share of $0.05; Adjusted Diluted Earnings Per Share of $0.51 Operating Cash Flow of $110 million; Free Cash Flow of $102 million Backlog of $45 billion; Net Bookings of $3.6 billion; 1.1x Book-to-Bill Amentum Holdings, Inc. ("Amentum" or the "Company") (NYSE:AMTM), a leading advanced engineering and technology company, today announced results for the first quarter ended December 27, 2024, and reaffirmed its outlook for fiscal year 2025. "We are off to a strong start as a newly combined company," said Amentum Chief Executive Officer John Helle
Backlog Grows by 18.9% Year-Over-Year with TTM Book-to-Bill Ratio of 1.3x Repurchased $202 Million of our Shares During Q1 Board Authorizes $1.5 Billion for Company's Largest Ever Share Repurchase Program Increasing Dividend to $0.32/share, a 10% Increase Year-Over-Year Raising FY 2025 Adjusted EPS Guidance Range DALLAS, Feb. 4, 2025 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE:J) today announced its financial results for the fiscal first quarter ended December 27, 2024. Q1 2025 Highlights1: Gross revenue of $2.9 billion grew 4.4% y/y; adjusted net revenue2 up 5.1% y/yInfrastructure & Advanced Facilities gross revenue grew 4.9% y/y; adjusted net revenue2 up 6.0% y/yGAAP net loss of $17.1 mill
Strong finish to Fiscal Year 2024 including a successful public market debut GAAP Revenues of $8.4 billion, 7% growth; GAAP Net Loss of $82 million Pro Forma Revenues of $13.9 billion, 4% growth Pro Forma Net Income of $32 million; Pro Forma Adjusted EBITDA of $1,052 million, up 7% Amentum affirms its Fiscal Year 2025 Capital Markets Day financial guidance Amentum Holdings, Inc. ("Amentum" or the "Company") (NYSE:AMTM), a leading advanced engineering and technology company, today announced results for the fiscal year ended September 27, 2024, and affirmed its outlook for fiscal year 2025. "We reported strong results for fiscal year 2024, delivering top-line and bottom-line growt
Successful Separation and Merger of CMS and C&I, Now Trading as Amentum (NYSE:AMTM) Backlog Grows by 23% y/y with TTM Book-to-Bill Ratio of 1.35x FY 2025 Guidance Highlights Favorable Growth and Margin Expectations DALLAS, Nov. 19, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended September 27, 2024. Q4 2024 Financial Highlights from Continuing Operations: Revenue of $3.0 billion grew 4.4% y/y; adjusted net revenue1 up 4.3% y/yNet income of $309 million, up 333.1% y/y; Adjusted EBITDA1 of $289 million, up 12.5% y/yEPS of $2.38, up 277.8% y/y; adjusted EPS1 of $1.37, up 28.0% y/yRecorded $187 million
Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, will host a conference call on December 17, 2024, at 8:30 AM EST to discuss financial results for full fiscal year 2024 (ending September 27, 2024). 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,
BTIG Research initiated coverage of Amentum Holdings with a rating of Buy and set a new price target of $30.00
Goldman initiated coverage of Amentum Holdings with a rating of Neutral and set a new price target of $21.00
Cantor Fitzgerald initiated coverage of Amentum Holdings with a rating of Neutral and set a new price target of $25.00
RBC Capital Mkts initiated coverage of Amentum Holdings with a rating of Sector Perform and set a new price target of $24.00
Raymond James initiated coverage of Amentum Holdings with a rating of Outperform and set a new price target of $30.00
Truist initiated coverage of Amentum Holdings with a rating of Buy and set a new price target of $31.00
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Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Michele St. Mary as Chief Legal Officer and General Counsel, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250217460746/en/Michele St. Mary, Amentum CLO and General Counsel (Photo: Business Wire) St. Mary will lead Amentum's legal, ethics, compliance, contracts, and security functions globally. Her role includes oversight of corporate matters, including governance, transactional and securities law matters, advice on the full range of contracting issues, supervision of company
Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Jennifer Walsmith as President of the Intelligence & Cybersecurity business, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107680928/en/Jennifer Walsmith joins Amentum (Photo: Business Wire) Jennifer will lead a global team in delivering advanced national security, intelligence, and cybersecurity solutions for U.S. intelligence and defense customers. Amentum holds deep relationships across the U.S. intel community, including all 18 Intelligence Community agencies, and the
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
Amentum (NYSE:AMTM) today announced the appointment of Darren Burton as Chief People Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125782538/en/Darren Burton (Photo: Business Wire) Burton will lead all aspects of the company's talent strategy and talent management that supports a diverse global workforce. Amentum, with 53,000 employees in approximately 80 countries across all 7 continents, is a global leader in providing advanced engineering and technology solutions for the United States, the U.K. and other allied nations, as well as commercial markets. "Darren brings over two decades of exp