SG Americas Securities LLC Raises Position in Atkore Inc. $ATKR

Key Points

• SG Americas Securities LLC boosted its stake in Atkore by 657.2% in Q4, purchasing 27,794 shares to hold 32,023 shares worth about $2.03M (≈0.09% ownership).
• Atkore reported Q4 EPS of $0.83 (beating estimates) on revenue of $655.6M, set FY2026 guidance of $5.05–$5.55 EPS, and carries an average analyst target of $75.50 (consensus EPS ~5.79).
• The company pays a quarterly dividend of $0.33 (annualized yield ~2.1%), has a market cap of $2.07B with a 1‑year range of $49.92–$80.06 and a negative P/E of -44.19.

SG Americas Securities LLC boosted its holdings in Atkore Inc. (NYSE:ATKR - Free Report) by 657.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,023 shares of the company's stock after purchasing an additional 27,794 shares during the period. SG Americas Securities LLC owned approximately 0.09% of Atkore worth $2,025,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ATKR. Ruffer LLP bought a new stake in shares of Atkore in the 3rd quarter valued at about $2,813,000. Allianz Asset Management GmbH increased its stake in Atkore by 359.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 37,695 shares of the company's stock worth $2,365,000 after purchasing an additional 29,495 shares during the period. Jefferies Financial Group Inc. bought a new stake in Atkore in the third quarter valued at approximately $36,525,000. Vanguard Group Inc. lifted its position in Atkore by 8.1% in the third quarter. Vanguard Group Inc. now owns 3,632,594 shares of the company's stock valued at $227,909,000 after purchasing an additional 273,466 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Atkore during the third quarter valued at approximately $1,750,000.

Atkore Price Performance

Shares of NYSE ATKR opened at $61.43 on Friday. Atkore Inc. has a 1 year low of $49.92 and a 1 year high of $80.06. The stock has a market capitalization of $2.07 billion, a P/E ratio of -44.19 and a beta of 1.54. The company's 50-day moving average is $63.52 and its 200 day moving average is $64.80. 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 (NYSE:ATKR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $650.09 million. During the same period in the previous year, the firm posted $1.63 EPS. The business's revenue was down .9% on a year-over-year basis. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. On average, sell-side analysts expect that Atkore Inc. will post 5.79 earnings per share for the current year.

Atkore Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.1%. Atkore's dividend payout ratio is currently -94.96%.

Insider Buying and Selling at Atkore

In other news, insider Mark F. Lamps sold 1,000 shares of Atkore stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $65.78, for a total transaction of $65,780.00. Following the completion of the transaction, the insider directly owned 35,982 shares in the company, valued at approximately $2,366,895.96. This trade 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 accessible through the SEC website. Corporate insiders own 2.10% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ATKR. Royal Bank Of Canada set a $71.00 target price on shares of Atkore in a report on Wednesday, February 4th. Roth Mkm boosted their price objective on shares of Atkore from $71.00 to $77.00 and gave the company a "buy" rating in a research report on Wednesday, February 4th. CJS Securities raised shares of Atkore to a "strong-buy" rating in a research note on Thursday, December 11th. Wall Street Zen cut Atkore from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Atkore in a report on Monday, December 29th. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $75.50.

Atkore Profile

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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