Amentum (AMTM) Rated Buy on Strong Government Demand

3 days ago 3

Sheryar Siddiq

Tue, March 31, 2026 astatine 3:36 AM CDT 1 min read

Amentum Holdings Inc. (NYSE:AMTM) ranks among the recent spin-off companies that hedge funds are piling into. On March 12, Truist Securities reiterated its Buy standing for Amentum Holdings Inc. (NYSE:AMTM), with a $42 terms target. The steadfast underlined the company’s semipermanent maturation direction, which is supported by its main gross streams.

Amentum’s $4 cardinal maturation portfolio, separated into 3 segments: caller nuclear, captious integer infrastructure, and abstraction systems and technologies, accounts for astir 30% of the company’s revenue.

Truist stated that the institution looks to beryllium good protected from imaginable artificial quality risks owed to its deficiency of IT services and accent connected mission-critical tasks. The steadfast suggested that investors should mostly disregard imaginable near-term dangers specified arsenic the backstage equity backlog and the Iran war.

In addition, S&P Global Ratings raised Amentum Holdings Inc. (NYSE:AMTM) to ‘BB’ from ‘BB-‘ owed to coagulated operating show and important indebtedness repayments, with the forecast remaining steady. Amentum Holdings Inc. (NYSE:AMTM) proactively repaid $750 cardinal of word indebtedness indebtedness successful fiscal 2025, thereby accelerating its deleveraging efforts.

Amentum Holdings Inc. (NYSE:AMTM) provides mission-critical, technology-driven services to authorities and commercialized markets.

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