ArcelorMittal (MT) News Today

OLD Mission Capital LLC lowered its position in ArcelorMittal S.A. (NYSE:MT - Free Report) by 29.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,040 shares of the basic materials company's stock a

Clearbridge Investments LLC decreased its position in shares of ArcelorMittal S.A. (NYSE:MT - Free Report) by 3.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,621,813 shares of the basic materials company

BNP Paribas Financial Markets bought a new position in shares of ArcelorMittal S.A. (NYSE:MT - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 98,094 shares of the basic materials company's

Quantbot Technologies LP grew its stake in shares of ArcelorMittal S.A. (NYSE:MT - Free Report) by 160.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,664 shares of the basic materi

Wellington Management Group LLP trimmed its position in shares of ArcelorMittal S.A. (NYSE:MT - Free Report) by 47.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195,317 shares of the basic materials company's stoc

ArcelorMittal (NYSE:MT) Shares Gap Down to $23.48

Goldman Sachs Group Inc. boosted its position in shares of ArcelorMittal S.A. (NYSE:MT - Free Report) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 839,485 shares of the basic materials company's stock after pur

ArcelorMittal S.A. (NYSE:MT - Get Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 4,020,000 shares, a decline of 18.0% from the May 15th total of 4,900,000 shares. Based on an average daily volume of 1,590,000 shares, the short-interest ratio is currently 2.5 days. Currently, 0.5% of the company's stock are sold short.

ArcelorMittal (NYSE:MT) Sees Unusually-High Trading Volume

Crestline Management LP acquired a new position in shares of ArcelorMittal S.A. (NYSE:MT - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 100,000 shares of the basic materials company's stock, valued at

ArcelorMittal S.A. (NYSE:MT - Free Report) - Zacks Research lowered their Q2 2024 earnings estimates for ArcelorMittal in a report issued on Thursday, May 23rd. Zacks Research analyst R. Department now forecasts that the basic materials company will post earnings of $1.08 per share for the quarte

ArcelorMittal S.A. (NYSE:MT - Free Report) - Research analysts at Zacks Research lifted their Q4 2024 earnings per share estimates for ArcelorMittal in a report issued on Thursday, May 23rd. Zacks Research analyst R. Department now expects that the basic materials company will earn $0.89 per shar

Dimensional Fund Advisors LP reduced its stake in ArcelorMittal S.A. (NYSE:MT - Free Report) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,595,590 shares of the basic materials company's stock after selling 25

ArcelorMittal (NYSE:MT) Shares Gap Up to $25.66

The Goldman Sachs Group assumed coverage on shares of ArcelorMittal in a research note on Thursday. They issued a "neutral" rating on the stock.

The U.S. economy is pivoting into a new path for the year. After briefly jumping into its first expansionary reading in more than a year and a half, the ISM manufacturing PMI index just fell back into contraction for April.

Three metal sector stocks are quickly becoming potential buy targets for investors looking for double-digit EPS growth in the middle of an uncertain economy

ArcelorMittal (NYSE:MT - Get Free Report) announced its earnings results on Thursday. The basic materials company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.93 by $0.23. ArcelorMittal had a return on equity of 8.55% and a net margin of 1.35%. The business had revenue of $16.28 billion for the quarter, compared to analysts' expectations of $16.67 billion. During the same period in the prior year, the business posted $1.27 earnings per share. The firm's revenue was down 12.0% on a year-over-year basis.