AP stock icon

Ampco-Pittsburgh

2.09 USD
+0.16
8.29%
At close Dec 6, 4:00 PM EST
After hours
2.14
+0.05
2.39%
1 day
8.29%
5 days
-5.43%
1 month
10.58%
3 months
11.76%
6 months
65.87%
Year to date
-25.09%
1 year
-23.44%
5 years
-31.25%
10 years
-88.71%
 

About: Ampco-Pittsburgh Corp is a U.S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the United States and other countries.

Employees: 1,697

0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

146% more capital invested

Capital invested by funds: $6.76M [Q2] → $16.6M (+$9.85M) [Q3]

2.64% less ownership

Funds ownership: 44.19% [Q2] → 41.56% (-2.64%) [Q3]

24% less funds holding

Funds holding: 42 [Q2] → 32 (-10) [Q3]

58% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 12

77% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 13

Research analyst outlook

We haven’t received any recent analyst ratings for AP.

Financial journalist opinion

Based on 4 articles about AP published over the past 30 days

Positive
Seeking Alpha
3 days ago
Allied Properties REIT: Population Density Will Likely Push Growth Upwards
Allied Properties REIT focuses on prime Canadian city center real estate, benefiting from urban density and high demand, ensuring stable and premium rent prices. The current P/AFFO ratio of 9.5x is below the sector average of 13x, indicating potential for significant upside. Long-term average multiples around 15x suggest a strong recovery potential if management executes well.
Allied Properties REIT: Population Density Will Likely Push Growth Upwards
Neutral
Business Wire
1 week ago
TurnOnGreen Bolsters Market Presence with $3.9 Million in Strategic Defense Contracts
MILPITAS, Calif.--(BUSINESS WIRE)---- $AP #Almost_4_million_dollars_new--TurnOnGreen Bolsters Market Presence with $3.9 Million in Strategic Defense Contracts.
TurnOnGreen Bolsters Market Presence with $3.9 Million in Strategic Defense Contracts
Neutral
Seeking Alpha
3 weeks ago
Ampco-Pittsburgh Corporation (AP) Q3 2024 Earnings Call Transcript
Ampco-Pittsburgh Corporation (NYSE:AP ) Q3 2024 Results Conference Call November 12, 2024 10:30 AM ET Company Participants Kim Knox - Corporate Secretary Brett McBrayer - Chief Executive Officer David Anderson - President, Air & Liquid Systems Corporation Sam Lyon - President, Forged & Cast Engineered Products Mike McAuley - SVP & Chief Financial Officer Conference Call Participants David Wright - Henry Investment Trust Justin Bergner - Gabelli Funds John Bair - Ascend Wealth Advisors Operator Good day, and welcome to the Ampco-Pittsburgh Corporation Third Quarter 2024 Earnings Results Conference Call. [Operator Instructions].
Ampco-Pittsburgh Corporation (AP) Q3 2024 Earnings Call Transcript
Neutral
Business Wire
3 weeks ago
Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2024 Results
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $96.2 million and $317.4 million for the three and nine months ended September 30, 2024, respectively, compared to $102.2 million and $314.2 million for the three and nine months ended September 30, 2023, respectively. The net sales decline for the three months ended September 30, 2024, compared to the prior year was attributable to lower shipment volumes and lower surcharge pass-through revenues in th.
Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2024 Results
Neutral
Seeking Alpha
1 month ago
Allied Properties Real Estate Investment Trust (APYRF) Q3 2024 Earnings Call Transcript
Allied Properties Real Estate Investment Trust (OTC:APYRF) Q3 2024 Earnings Call October 31, 2024 10:00 AM ET Company Participants Cecilia Williams - President and Chief Executive Officer Nanthini Mahalingam - Chief Financial Officer JP Mackay - Senior Vice President, National Operations Conference Call Participants Jonathan Kelcher - TD Cowen Brad Sturges - Raymond James Pammi Bir - RBC Capital Markets Sumayya Syed - CIBC Matt Kornack - National Bank Financial Mario Saric - Scotiabank Operator Ladies and gentlemen, thank you for standing by. My name is Mark, and I will be your conference operator today.
Allied Properties Real Estate Investment Trust (APYRF) Q3 2024 Earnings Call Transcript
Neutral
Business Wire
1 month ago
Ampco-Pittsburgh Schedules Third Quarter 2024 Earnings Conference Call
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Tuesday, November 12, 2024, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the third quarter ended September 30, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using t.
Ampco-Pittsburgh Schedules Third Quarter 2024 Earnings Conference Call
Neutral
Business Wire
1 month ago
TurnOnGreen, Inc. Secures $2.2 Million in Defense Orders and Expands Market Presence with Advanced Power Solutions
MILPITAS, Calif.--(BUSINESS WIRE)---- $AP #American_Car_Rental_Association--TurnOnGreen, Inc. Secures $2.2 Million in Defense Orders and Expands Market Presence with Advanced Power Solutions.
TurnOnGreen, Inc. Secures $2.2 Million in Defense Orders and Expands Market Presence with Advanced Power Solutions
Neutral
Business Wire
1 month ago
Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
LAS VEGAS--(BUSINESS WIRE)---- $AP #13_Percent_Series_D_Preferred--Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock.
Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
Positive
Seeking Alpha
2 months ago
Allied Properties: This 9%+ Yield Continues To Be Safe
Allied Properties REIT's 9%+ distribution remains solid, with potential for stock appreciation, despite market skepticism about office real estate in 2024. Allied's portfolio includes 192 properties with 14.9M square feet, primarily in Toronto/Kitchener and Montreal/Ottawa, focusing on "distinctive urban workspace". The company has improved its balance sheet by selling assets, reducing debt, and pre-leasing 82% of its development projects, signaling financial prudence.
Allied Properties: This 9%+ Yield Continues To Be Safe
Neutral
Business Wire
2 months ago
Ampco-Pittsburgh Subsidiary Announces Customer Contract Win
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (“Ampco-Pittsburgh”) today announced that the Buffalo Air Handling Division (“Buffalo Air Handling”) of Air and Liquid Systems Corporation (“Air and Liquid Systems”), a wholly owned subsidiary of Ampco-Pittsburgh, has received an $8.7 million order for a custom air handling project for a major pharmaceutical company. The order is expected to ship in 2025. David Anderson, President of Air and Liquid Systems commented, “The p.
Ampco-Pittsburgh Subsidiary Announces Customer Contract Win
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