Ampco-Pittsburgh (AP)

• Market cap: $39.2M
• 1 day: 3.50%
• 5 days: 5.61%
• 1 month: -4.61%
• 3 months: -15.51%
• 6 months: 16.95%
• Year to date: -7.17%
• 1 year: 0.98%
• 5 years: -44.65%
• 10 years: -87.05%
• Sector: Industrials
• Industry: Metal Fabrication

About: Ampco-Pittsburgh Corp is 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: 1,634

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

500% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 1

16% more funds holding

Funds holding: 32 [Q3] → 37 (+5) [Q4]

4% more capital invested

Capital invested by funds: $16.7M [Q3] → $17.4M (+$726K) [Q4]

0.05% less ownership

Funds ownership: 41.56% [Q3] → 41.5% (-0.05%) [Q4]

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8