Key Points
- Insider sale: Atkore insider Mark Lamps sold 1,000 shares at $65.78 for $65,780, cutting his stake by 2.7% to 35,982 shares (≈$2.37M), according to an SEC filing.
- Earnings and outlook: Atkore reported Q results of $0.83 EPS vs. $0.64 expected and $655.6M revenue, set FY2026 guidance of $5.05–$5.55 EPS, and carries an average analyst target of $75.50 with mixed ratings.
- Dividend announced: The company declared a quarterly dividend of $0.33 (annualized $1.32) with an ex-dividend date of Feb 17 and a yield of about 2.0%.
Atkore Inc. (NYSE:ATKR - Get Free Report) insider Mark Lamps sold 1,000 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $65.78, for a total transaction of $65,780.00. Following the sale, the insider directly owned 35,982 shares of the company's stock, valued at approximately $2,366,895.96. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Atkore Stock Down 0.5%
Atkore stock opened at $66.33 on Wednesday. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of -47.72 and a beta of 1.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.42 and a quick ratio of 2.40. Atkore Inc. has a fifty-two week low of $49.92 and a fifty-two week high of $80.06. The firm has a fifty day moving average price of $67.32 and a two-hundred day moving average price of $64.33.
Atkore (NYSE:ATKR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.19. Atkore had a positive return on equity of 11.27% and a negative net margin of 1.63%.The business had revenue of $655.55 million for the quarter, compared to analyst estimates of $650.09 million. During the same period in the previous year, the company posted $1.63 earnings per share. The firm's revenue for the quarter was down .9% on a year-over-year basis. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. As a group, analysts forecast that Atkore Inc. will post 5.79 earnings per share for the current year.
Atkore Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.32 dividend on an annualized basis and a yield of 2.0%. Atkore's payout ratio is -94.96%.
Institutional Trading of Atkore
Institutional investors have recently bought and sold shares of the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Atkore in the second quarter valued at $28,000. Kestra Investment Management LLC boosted its stake in shares of Atkore by 710.9% in the 2nd quarter. Kestra Investment Management LLC now owns 446 shares of the company's stock valued at $31,000 after purchasing an additional 391 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Atkore by 1,263.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 518 shares of the company's stock worth $32,000 after purchasing an additional 480 shares during the last quarter. Strs Ohio acquired a new stake in shares of Atkore during the 1st quarter worth about $36,000. Finally, Jones Financial Companies Lllp lifted its holdings in Atkore by 61.8% during the 1st quarter. Jones Financial Companies Lllp now owns 644 shares of the company's stock valued at $39,000 after purchasing an additional 246 shares during the last quarter.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Roth Mkm raised their price target on shares of Atkore from $71.00 to $77.00 and gave the stock a "buy" rating in a research report on Wednesday, February 4th. Weiss Ratings reissued a "sell (d)" rating on shares of Atkore in a research report on Monday, December 29th. KeyCorp reaffirmed a "sector weight" rating on shares of Atkore in a report on Friday, November 14th. CJS Securities upgraded Atkore to a "strong-buy" rating in a research report on Thursday, December 11th. Finally, Citigroup boosted their price objective on Atkore from $64.00 to $74.00 and gave the company a "neutral" rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $75.50.
Check Out Our Latest Research Report on ATKR
Atkore Company Profile
(
Get Free Report)
Atkore International Group Inc (NYSE: ATKR) is a diversified global manufacturer of electrical raceway and mechanical products, serving a broad range of end markets including commercial construction, industrial facilities and energy infrastructure. The company's electrical product portfolio encompasses conduit, tubing, fittings, connectors and cable management systems designed for use in residential, commercial and industrial wiring applications. On the mechanical side, Atkore offers pipe support solutions, seismic bracing, HVAC hangers and other mechanical products that address critical building and process piping needs.
Founded as a family-owned business before its reorganization into a standalone public company in 2016, Atkore has grown through both organic investment and targeted acquisitions.
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