ArcelorMittal (NYSE:MT) Sees Large Decline in Short Interest

ArcelorMittal (NYSE:MT) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 2,465,709 shares, a decline of 17.0% from the March 31st total of 2,969,376 shares. Based on an average trading volume of 1,603,326 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On ArcelorMittal

A number of large investors have recently made changes to their positions in MT. Maple Rock Capital Partners Inc. acquired a new position in ArcelorMittal during the third quarter valued at $41,399,000. UBS Group AG lifted its position in ArcelorMittal by 405.2% during the third quarter. UBS Group AG now owns 1,181,358 shares of the basic materials company’s stock valued at $42,706,000 after purchasing an additional 947,532 shares during the period. Retirement Systems of Alabama acquired a new position in ArcelorMittal during the fourth quarter valued at $30,721,000. Senator Investment Group LP acquired a new position in ArcelorMittal during the fourth quarter valued at $26,431,000. Finally, Auto Owners Insurance Co lifted its position in ArcelorMittal by 4,457.0% during the fourth quarter. Auto Owners Insurance Co now owns 367,568 shares of the basic materials company’s stock valued at $1,675,000 after purchasing an additional 359,502 shares during the period. 9.29% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting ArcelorMittal

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: EU steel tariff increase could lift volumes and pricing in Europe, a potential near‑term boost to ArcelorMittal’s margins and production plans. ArcelorMittal Eyes Boost From EU’s Doubled Steel Tariffs
• Positive Sentiment: Company highlighted record Liberian output and operational resilience, which supports raw‑material security and lowers unit costs — a constructive factor for medium‑term cash flow. Is Strong Q1 Resilience And Record Liberian Output Altering The Investment Case For ArcelorMittal
• Positive Sentiment: Wells Fargo raised its price target (from $60 to $61) while keeping an “equal weight” rating — a modest vote of confidence that offers limited upside from current levels. Wells Fargo price target update via Benzinga
• Neutral Sentiment: Q1 earnings call/transcript shows management pointing to volume resilience and cost actions but acknowledging market headwinds; watch for commentary on spreads and guidance in the full transcript. ArcelorMittal S.A. (MT) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analysts and sites (Zacks) dug into Q1 metrics — revenue grew year‑over‑year but margins and some KPIs show mixed signals; useful for model updates but not a clear direction. Here’s What Key Metrics Tell Us About ArcelorMittal (MT) Q1 Earnings
• Negative Sentiment: Revenue missed expectations (reported ~$15.46B vs. ~$17.04B consensus) and net profit/earnings declined versus the prior year (EPS down to $0.75 from $1.05), raising concerns about margin pressure and demand softness. ArcelorMittal Q1 2026 results press release
• Negative Sentiment: Market reaction reflects investor worry that weaker-than-expected top‑line and continuing profit slide could limit near‑term multiple expansion despite operational positives. MarketBeat Q1 coverage

Analysts Set New Price Targets

MT has been the subject of several research analyst reports. Wells Fargo & Company lifted their price target on shares of ArcelorMittal from $60.00 to $61.00 and gave the company an “equal weight” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ArcelorMittal in a research note on Friday, February 6th. JPMorgan Chase & Co. downgraded shares of ArcelorMittal from an “overweight” rating to an “underweight” rating in a research note on Monday, March 9th. Citigroup reissued a “buy” rating on shares of ArcelorMittal in a research note on Friday, February 13th. Finally, Oddo Bhf raised shares of ArcelorMittal from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 14th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $61.07.

ArcelorMittal Stock Down 0.6%

NYSE MT traded down $0.34 on Friday, hitting $56.87. The stock had a trading volume of 2,023,120 shares, compared to its average volume of 1,519,022. The business’s fifty day moving average price is $57.32 and its 200 day moving average price is $50.24. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.36 and a quick ratio of 0.53. ArcelorMittal has a 52-week low of $29.62 and a 52-week high of $67.60. The stock has a market cap of $44.08 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 0.48 and a beta of 1.48.

ArcelorMittal (NYSE:MT) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.03. ArcelorMittal had a net margin of 4.71% and a return on equity of 4.79%. The business had revenue of $15.46 billion for the quarter, compared to analyst estimates of $17.04 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. Equities research analysts anticipate that ArcelorMittal will post 4.61 earnings per share for the current year.

ArcelorMittal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Friday, November 13th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. ArcelorMittal’s payout ratio is currently 12.44%.

ArcelorMittal Company Profile

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.