Atkore Inc. $ATKR Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC reduced its position in shares of Atkore Inc. (NYSE:ATKR) by 20.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,333 shares of the company’s stock after selling 6,030 shares during the quarter. Intech Investment Management LLC’s holdings in Atkore were worth $1,646,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. SummerHaven Investment Management LLC raised its stake in shares of Atkore by 4.0% in the 2nd quarter. SummerHaven Investment Management LLC now owns 6,283 shares of the company’s stock worth $443,000 after buying an additional 244 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Atkore by 61.8% during the first quarter. Jones Financial Companies Lllp now owns 644 shares of the company’s stock worth $39,000 after acquiring an additional 246 shares during the period. Matrix Trust Co raised its position in Atkore by 7.8% in the second quarter. Matrix Trust Co now owns 4,133 shares of the company’s stock worth $292,000 after acquiring an additional 298 shares in the last quarter. Harbour Investments Inc. lifted its holdings in Atkore by 29.1% in the 1st quarter. Harbour Investments Inc. now owns 1,330 shares of the company’s stock valued at $80,000 after acquiring an additional 300 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of Atkore by 8.4% during the 2nd quarter. Arkadios Wealth Advisors now owns 4,111 shares of the company’s stock valued at $290,000 after purchasing an additional 317 shares in the last quarter.

Atkore Stock Performance

Atkore stock opened at $61.56 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.09 and a quick ratio of 2.08. The company has a market cap of $2.07 billion, a P/E ratio of 19.73 and a beta of 2.12. Atkore Inc. has a fifty-two week low of $49.92 and a fifty-two week high of $97.32. The firm’s 50 day simple moving average is $64.53 and its 200-day simple moving average is $66.07.

Atkore (NYSE:ATKR) last posted its quarterly earnings data on Thursday, November 20th. The company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.61). Atkore had a return on equity of 16.16% and a net margin of 3.89%.The firm had revenue of $752.01 million during the quarter, compared to analyst estimates of $733.61 million. During the same period in the prior year, the business posted $2.43 EPS. The company’s revenue for the quarter was down 4.6% on a year-over-year basis. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. Q1 2026 guidance at 0.550-0.750 EPS. As a group, equities research analysts predict that Atkore Inc. will post 5.79 EPS for the current year.

Atkore Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th will be issued a dividend of $0.33 per share. The ex-dividend date is Friday, December 5th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.1%. Atkore’s payout ratio is currently -253.85%.

Insiders Place Their Bets

In related news, insider Mark F. Lamps sold 1,000 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $64.75, for a total transaction of $64,750.00. Following the transaction, the insider directly owned 29,923 shares of the company’s stock, valued at approximately $1,937,514.25. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.99% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ATKR. Weiss Ratings downgraded shares of Atkore from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 24th. KeyCorp restated a “sector weight” rating on shares of Atkore in a research report on Friday, November 14th. Citigroup cut their price objective on Atkore from $66.00 to $64.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Roth Capital reduced their price objective on Atkore from $67.00 to $65.00 and set a “buy” rating for the company in a research note on Friday. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $74.00.

Atkore Company Profile

Atkore Inc engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management.