Research Analysts Offer Predictions for Atkore Q2 Earnings

Atkore Inc. (NYSE:ATKR - Free Report) - Stock analysts at Roth Capital increased their Q2 2025 EPS estimates for Atkore in a research report issued on Thursday, April 24th. Roth Capital analyst J. Clare now expects that the company will earn $1.91 per share for the quarter, up from their previous estimate of $1.39. The consensus estimate for Atkore's current full-year earnings is $5.79 per share. Roth Capital also issued estimates for Atkore's Q4 2025 earnings at $1.39 EPS and FY2025 earnings at $6.25 EPS.

Atkore (NYSE:ATKR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.05 by $0.45. Atkore had a net margin of 12.42% and a return on equity of 25.69%. The business had revenue of $661.60 million during the quarter, compared to the consensus estimate of $680.77 million. During the same period in the previous year, the firm posted $4.12 earnings per share. The business's revenue for the quarter was down 17.1% compared to the same quarter last year.

ATKR has been the subject of a number of other reports. Royal Bank of Canada raised their price target on shares of Atkore from $64.00 to $65.00 and gave the stock a "sector perform" rating in a research report on Tuesday, April 22nd. KeyCorp reduced their target price on shares of Atkore from $80.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Loop Capital lowered shares of Atkore from a "buy" rating to a "hold" rating and lowered their price target for the company from $115.00 to $65.00 in a report on Monday, February 10th. Finally, Citigroup reduced their price objective on Atkore from $78.00 to $66.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $75.00.

Atkore Stock Performance

Shares of ATKR stock traded up $1.09 during mid-day trading on Monday, reaching $65.68. The stock had a trading volume of 38,210 shares, compared to its average volume of 695,938. The company has a current ratio of 3.03, a quick ratio of 1.96 and a debt-to-equity ratio of 0.51. Atkore has a 1-year low of $49.92 and a 1-year high of $180.62. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 6.36 and a beta of 2.02. The business's fifty day moving average is $61.11 and its 200-day moving average is $76.23.

Institutional Investors Weigh In On Atkore

Several institutional investors and hedge funds have recently added to or reduced their stakes in ATKR. First Trust Advisors LP lifted its stake in shares of Atkore by 195.6% in the fourth quarter. First Trust Advisors LP now owns 1,174,464 shares of the company's stock worth $98,009,000 after buying an additional 777,113 shares in the last quarter. Gates Capital Management Inc. boosted its holdings in shares of Atkore by 29.6% during the 4th quarter. Gates Capital Management Inc. now owns 2,607,354 shares of the company's stock worth $217,584,000 after purchasing an additional 595,774 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Atkore by 549.9% in the fourth quarter. Wellington Management Group LLP now owns 607,041 shares of the company's stock valued at $50,658,000 after purchasing an additional 513,631 shares in the last quarter. Norges Bank acquired a new stake in shares of Atkore in the fourth quarter valued at approximately $42,339,000. Finally, Victory Capital Management Inc. lifted its position in Atkore by 3,948.4% during the fourth quarter. Victory Capital Management Inc. now owns 470,830 shares of the company's stock worth $39,291,000 after buying an additional 459,200 shares in the last quarter.

Insider Buying and Selling at Atkore

In other news, insider Mark F. Lamps sold 500 shares of Atkore stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $65.00, for a total value of $32,500.00. Following the sale, the insider now directly owns 33,760 shares of the company's stock, valued at $2,194,400. The trade was a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.99% of the company's stock.

Atkore Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Friday, May 16th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, May 16th. This is a boost from Atkore's previous quarterly dividend of $0.32. This represents a $1.32 dividend on an annualized basis and a yield of 2.01%. Atkore's dividend payout ratio is currently 12.39%.

Atkore Company Profile

Atkore Inc engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management.