Atkore
ATKR

$139.21

2.91%

Market Cap: 5.07B

About: Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.

Employees: 5,600

Industrials Miscellaneous Electrical Machinery, Equipment & Supplies

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 5 analysts

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

96% more call options, than puts

Call options by funds: $88.6M | Put options by funds: $45.3M

18% more capital invested

Capital invested by funds: $6.25B [Q4 2023] → $7.38B (+$1.13B) [Q1 2024]

14% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 63

2% more funds holding

Funds holding: 434 [Q4 2023] → 443 (+9) [Q1 2024]

0.49% more ownership

Funds ownership: 105.19% [Q4 2023] → 105.69% (+0.49%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 11 (+0) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 171

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$175

26%

upside

Avg. target

$187

35%

upside

High target

$200

44%

upside

5 analyst ratings

3 positive

60%

2 neutral

40%

0 negative

0%

Keybanc Jeffrey Hammond	26%upside $175	Overweight Initiated	10 Jul 2024
Citigroup Andrew Kaplowitz	35%upside $188	Neutral Maintained	8 May 2024
Citigroup Andrew Kaplowitz	44%upside $200	Neutral Maintained	8 Apr 2024
RBC Capital Deane Dray	34%upside $187	Outperform Reiterated	22 Mar 2024
RBC Capital Deane Dray	34%upside $187	Outperform Reiterated	2 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about ATKR published over the past 30 days

Atkore Announces CFO and CAO Transition

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that David Johnson has submitted his resignation as Vice President, Chief Financial Officer and Chief Accounting Officer, effective close of business on August 9, 2024, to pursue a career opportunity outside of the electrical industry. The Company has appointed John Deitzer as i.

Atkore Announces CFO and CAO Transition

Zacks Investment Research

Will Atkore (ATKR) Beat Estimates Again in Its Next Earnings Report?

Atkore (ATKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Atkore (ATKR) Beat Estimates Again in Its Next Earnings Report?

Atkore Inc. Announces Third Quarter Fiscal Year 2024 Earnings Release Date and Conference Call

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that the Company will release its Third Quarter Fiscal Year 2024 results before the market opens on Tuesday, August 6, 2024. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day. Conference Call Information Dial In: 888-330-2446 (Domesti.

Atkore Inc. Announces Third Quarter Fiscal Year 2024 Earnings Release Date and Conference Call

Top 3 Industrials Stocks That May Rocket Higher in Q2

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Top 3 Industrials Stocks That May Rocket Higher in Q2

Atkore: Getting Electrified Here

Atkore shares have fallen recently, but the company remains a long-term growth play on the electrification of the economy. Despite peak earnings coming down, Atkore's earnings power remains impressive in relation to its valuation, making it an appealing investment opportunity. The company's balanced capital allocation model, focus on share buybacks, and modest leverage ratios contribute to its attractiveness as an investment.

Atkore: Getting Electrified Here

Atkore Announces Environmental Product Declarations for Steel and PVC Conduit Products

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) today announced it has published Environmental Product Declarations (EPDs) for its Galvanized Steel, Stainless Steel, and PVC Conduit & Fittings portfolios. Verified by an independent third party, each EPD contains a product's life cycle assessment that measures its environmental impact, such as greenhouse gas emissions, energy use, water consumption, waste generation, and other factors. “Atkore has a long-s.

Atkore Announces Environmental Product Declarations for Steel and PVC Conduit Products

Buy the Dip: 3 Stocks to Snap Up on Last Week's 10% Drop

Every once in a while, I like to consider stocks to buy on the dip. For my purposes, these are companies whose shares have fallen by 10% or more in a week of trading.

Buy the Dip: 3 Stocks to Snap Up on Last Week's 10% Drop

The Motley Fool

Why Shares in This Value Stock Declined This Week

Pricing is weaker due to a decline in raw materials prices. Atkore's volume declines could turn around quickly with a more robust construction market over the summer.

Why Shares in This Value Stock Declined This Week

Atkore Inc. (ATKR) Q2 2024 Earnings Call Transcript

Atkore Inc. (NYSE:ATKR ) Q2 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Matthew Kline - VP, Treasury and IR Bill Waltz - President and CEO David Johnson - CFO Conference Call Participants Chris Moore - CJS Securities Andrew Kaplowitz - Citigroup Deane Dray - RBC Chris Dankert - Loop Capital Alex Rygiel - B. Riley Operator Good morning.

Atkore Inc. (ATKR) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Atkore Inc. (ATKR) Beats Q2 Earnings Estimates

Atkore Inc. (ATKR) came out with quarterly earnings of $4.08 per share, beating the Zacks Consensus Estimate of $3.70 per share. This compares to earnings of $4.87 per share a year ago.

Atkore Inc. (ATKR) Beats Q2 Earnings Estimates

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