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Atkore
ATKR

$142.38
0.91%
 

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

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

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

82% more call options, than puts

Call options by funds: $79.5M | Put options by funds: $43.6M

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]

0.46% more ownership

Funds ownership: 105.22% [Q4 2023] → 105.69% (+0.46%) [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: 170

Research analyst outlook

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

Low target
$187
31%
upside
Avg. target
$191
34%
upside
High target
$200
40%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
Citigroup
Andrew Kaplowitz
32%upside
$188
Neutral
Maintained
8 May 2024
Citigroup
Andrew Kaplowitz
40%upside
$200
Neutral
Maintained
8 Apr 2024
RBC Capital
Deane Dray
31%upside
$187
Outperform
Reiterated
22 Mar 2024
RBC Capital
Deane Dray
31%upside
$187
Outperform
Reiterated
2 Feb 2024

Financial journalist opinion