Atkore (NYSE:ATKR) Updates FY 2026 Earnings Guidance

Key Points

• FY 2026 EPS guidance: Atkore set guidance of $5.05–$5.55 per share, roughly in line with the $5.16 consensus, but did not provide revenue guidance.
• Quarterly beat: For the quarter ended May 5, Atkore reported EPS of $1.23 (vs. $1.00 est.) and revenue of $731.4M (vs. $714.2M est.), topping estimates.
• Dividend and analyst view: The company declared a quarterly dividend of $0.33 ($1.32 annual, ~1.8% yield), while analysts hold a consensus "Hold" rating with a $75.50 target price.

Atkore (NYSE:ATKR - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.050-5.550 for the period, compared to the consensus estimate of 5.160. The company issued revenue guidance of -, compared to the consensus revenue estimate of $3.0 billion.

Atkore Stock Performance

Shares of ATKR stock opened at $73.71 on Tuesday. The company has a market capitalization of $2.49 billion, a P/E ratio of -53.03 and a beta of 1.67. The business's 50 day moving average is $64.39 and its two-hundred day moving average is $65.90. The company has a current ratio of 3.42, a quick ratio of 2.40 and a debt-to-equity ratio of 0.54. Atkore has a 12-month low of $53.49 and a 12-month high of $80.06.

Atkore (NYSE:ATKR - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.23. The company had revenue of $731.38 million for the quarter, compared to the consensus estimate of $714.18 million. Atkore had a positive return on equity of 11.27% and a negative net margin of 1.63%.Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. Analysts expect that Atkore will post 4.71 EPS for the current fiscal year.

Atkore Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Tuesday, May 19th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $1.32 dividend on an annualized basis and a yield of 1.8%. Atkore's dividend payout ratio (DPR) is currently -94.96%.

Analysts Set New Price Targets

ATKR has been the topic of a number of research analyst reports. Wall Street Zen cut shares of Atkore from a "buy" rating to a "hold" rating in a research note on Monday, April 20th. Weiss Ratings reissued a "sell (d)" rating on shares of Atkore in a research note on Friday. Citigroup lifted their price target on shares of Atkore from $64.00 to $74.00 and gave the company a "neutral" rating in a research note on Wednesday, February 4th. Royal Bank Of Canada set a $71.00 price target on shares of Atkore in a research note on Wednesday, February 4th. Finally, Roth Mkm lifted their price target on shares of Atkore from $71.00 to $77.00 and gave the company a "buy" rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Atkore currently has a consensus rating of "Hold" and a consensus target price of $75.50.

Insider Activity

In other news, insider Mark F. Lamps sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $65.78, for a total value of $65,780.00. Following the completion of the sale, the insider directly owned 35,982 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. 2.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Atkore

Large investors have recently made changes to their positions in the stock. EP Wealth Advisors LLC purchased a new stake in shares of Atkore in the fourth quarter valued at approximately $232,000. &PARTNERS purchased a new stake in shares of Atkore in the fourth quarter valued at approximately $228,000. CIBC Bancorp USA Inc. purchased a new stake in shares of Atkore in the third quarter valued at approximately $225,000. State of Tennessee Department of Treasury purchased a new stake in shares of Atkore in the second quarter valued at approximately $202,000. Finally, Osaic Holdings Inc. grew its position in shares of Atkore by 29.2% in the fourth quarter. Osaic Holdings Inc. now owns 2,143 shares of the company's stock valued at $136,000 after purchasing an additional 484 shares in the last quarter.

About Atkore

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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