Atkore Inc. (NYSE:ATKR) Short Interest Down 18.0% in January

Atkore Inc. (NYSE:ATKR) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,238,324 shares, a decline of 18.0% from the December 31st total of 1,509,515 shares. Based on an average daily volume of 358,224 shares, the days-to-cover ratio is presently 3.5 days. Currently, 3.7% of the company’s stock are sold short. Currently, 3.7% of the company’s stock are sold short. Based on an average daily volume of 358,224 shares, the days-to-cover ratio is presently 3.5 days.

Insider Activity

In other Atkore news, insider Mark F. Lamps sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $64.75, for a total value of $64,750.00. Following the transaction, the insider directly owned 29,923 shares of the company’s stock, valued at $1,937,514.25. This represents a 3.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Atkore

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in shares of Atkore by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 33,067 shares of the company’s stock worth $2,333,000 after buying an additional 214 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Atkore by 15.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,794 shares of the company’s stock worth $127,000 after purchasing an additional 240 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Atkore by 61.8% in the 1st quarter. Jones Financial Companies Lllp now owns 644 shares of the company’s stock worth $39,000 after purchasing an additional 246 shares during the last quarter. Matrix Trust Co raised its holdings in shares of Atkore by 6.2% in the 3rd quarter. Matrix Trust Co now owns 4,391 shares of the company’s stock worth $275,000 after purchasing an additional 258 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Atkore by 0.8% during the third quarter. Alliancebernstein L.P. now owns 39,362 shares of the company’s stock valued at $2,470,000 after purchasing an additional 302 shares during the last quarter.

Analyst Ratings Changes

ATKR has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Atkore in a research note on Monday, December 29th. 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. Royal Bank Of Canada set a $71.00 target price on shares of Atkore in a report on Wednesday. CJS Securities raised Atkore to a “strong-buy” rating in a report on Thursday, December 11th. Finally, KeyCorp reissued a “sector weight” rating on shares of Atkore in a report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $73.40.

Atkore Stock Performance

Atkore stock traded down $0.84 during mid-day trading on Wednesday, hitting $69.05. 529,451 shares of the company’s stock traded hands, compared to its average volume of 408,007. The company has a quick ratio of 2.13, a current ratio of 3.05 and a debt-to-equity ratio of 0.54. Atkore has a one year low of $49.92 and a one year high of $80.06. The firm has a 50 day moving average price of $67.00 and a 200 day moving average price of $65.05. The company has a market cap of $2.33 billion, a PE ratio of -132.79 and a beta of 1.60.

Atkore (NYSE:ATKR) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.19. The company had revenue of $655.55 million for the quarter, compared to analyst estimates of $650.09 million. Atkore had a positive return on equity of 12.98% and a negative net margin of 0.53%.The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the company earned $1.63 earnings per share. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. On average, equities analysts forecast that Atkore will post 5.79 EPS for the current year.

Atkore Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be issued a $0.33 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $1.32 annualized dividend and a dividend yield of 1.9%. Atkore’s dividend payout ratio (DPR) is -253.85%.

Trending Headlines about Atkore

Here are the key news stories impacting Atkore this week:

• Positive Sentiment: Q1 EPS beat analyst expectations — Atkore reported $0.83 EPS vs. a $0.64 consensus, surprising to the upside and showing operational resilience. ATKR Q1 Earnings Beat
• Positive Sentiment: FY2026 guidance nudged above Street expectations — management set FY26 EPS guidance of $5.05–$5.55, slightly ahead of the consensus, which supports a more constructive medium‑term outlook. Q1 Release & Guidance
• Positive Sentiment: Operational wins and portfolio moves — management highlighted volume growth, productivity gains and the divestiture of the Tectron mechanical tube product line, actions that could improve margins over time. Business Wire: Q1 Results
• Neutral Sentiment: Released 2025 sustainability report — Atkore says it met its 5‑year sustainability goals, which supports ESG credentials but is unlikely to drive immediate stock moves. 2025 Sustainability Report
• Neutral Sentiment: Shareholder votes confirmed governance items — investors backed the board, executive pay and auditor at the annual meeting, reducing governance uncertainty. Shareholder Meeting Results
• Negative Sentiment: Year‑over‑year profitability and revenue weakness — despite the beat, revenue fell ~0.9% to $655.6M and EPS is down sharply from $1.63 a year ago; net margin remains slightly negative, which leaves investors focused on margin recovery. Earnings & Financials
• Negative Sentiment: Mixed print is prompting profit‑taking — the combination of a beat and lingering operational/margin concerns is producing a down‑day in the stock as traders reassess near‑term growth visibility. Market Reaction Coverage

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.