Atkore (NYSE:ATKR) Updates FY 2026 Earnings Guidance

Atkore (NYSE:ATKRGet Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 5.050-5.550 for the period, compared to the consensus estimate of 5.020. The company issued revenue guidance of -, compared to the consensus revenue estimate of $3.0 billion.

Atkore Trading Up 0.9%

Shares of Atkore stock opened at $70.10 on Tuesday. The stock has a market cap of $2.37 billion, a P/E ratio of -134.81 and a beta of 1.60. The stock’s 50 day simple moving average is $66.90 and its 200-day simple moving average is $65.08. Atkore has a 1-year low of $49.92 and a 1-year high of $82.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.05 and a quick ratio of 2.13.

Atkore (NYSE:ATKRGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.19. The firm had revenue of $655.55 million during the quarter, compared to analyst estimates of $650.09 million. Atkore had a negative net margin of 0.53% and a positive return on equity of 12.98%. Atkore’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.63 earnings per share. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. Analysts predict that Atkore will post 5.79 EPS for the current fiscal year.

Atkore Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, February 17th. Atkore’s payout ratio is currently -253.85%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. CJS Securities raised shares of Atkore to a “strong-buy” rating in a research report on Thursday, December 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $64.00 price objective on shares of Atkore in a research report on Thursday, January 15th. Citigroup cut their target price on Atkore from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Weiss Ratings restated a “sell (d)” rating on shares of Atkore in a research note on Monday, December 29th. Finally, Roth Mkm increased their price target on shares of Atkore from $65.00 to $71.00 and gave the company a “buy” rating in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $68.80.

View Our Latest Stock Report on Atkore

Insiders Place Their Bets

In related news, insider Mark F. Lamps sold 1,000 shares of the firm’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 completion of the sale, the insider directly owned 29,923 shares of the company’s stock, valued at $1,937,514.25. This trade represents a 3.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.10% of the company’s stock.

More Atkore News

Here are the key news stories impacting Atkore this week:

Institutional Investors Weigh In On Atkore

Several hedge funds have recently bought and sold shares of ATKR. Kestra Investment Management LLC boosted its stake in shares of Atkore by 710.9% during the 2nd quarter. Kestra Investment Management LLC now owns 446 shares of the company’s stock worth $31,000 after buying an additional 391 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Atkore by 1,263.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 518 shares of the company’s stock valued at $32,000 after buying an additional 480 shares during the last quarter. Strs Ohio bought a new position in shares of Atkore in the first quarter valued at $36,000. Jones Financial Companies Lllp increased 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 buying an additional 246 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in Atkore during the third quarter worth $80,000.

Atkore Company Profile

(Get Free Report)

Atkore International Group Inc (NYSE: ATKR) is a diversified global manufacturer of electrical raceway and mechanical products, serving a broad range of end markets including commercial construction, industrial facilities and energy infrastructure. The company’s electrical product portfolio encompasses conduit, tubing, fittings, connectors and cable management systems designed for use in residential, commercial and industrial wiring applications. On the mechanical side, Atkore offers pipe support solutions, seismic bracing, HVAC hangers and other mechanical products that address critical building and process piping needs.

Founded as a family-owned business before its reorganization into a standalone public company in 2016, Atkore has grown through both organic investment and targeted acquisitions.

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