Atkore (ATKR) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Atkore (NYSE: ATKR) recently:

• 5/12/2025 – Atkore was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 5/7/2025 – Atkore was given a new $78.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
• 5/7/2025 – Atkore had its price target raised by analysts at Royal Bank of Canada from $65.00 to $70.00. They now have a “sector perform” rating on the stock.
• 5/7/2025 – Atkore had its price target raised by analysts at KeyCorp from $70.00 to $80.00. They now have an “overweight” rating on the stock.
• 4/22/2025 – Atkore had its price target raised by analysts at Royal Bank of Canada from $64.00 to $65.00. They now have a “sector perform” rating on the stock.
• 4/14/2025 – Atkore had its price target lowered by analysts at Citigroup Inc. from $78.00 to $66.00. They now have a “neutral” rating on the stock.
• 4/8/2025 – Atkore had its price target lowered by analysts at KeyCorp from $80.00 to $70.00. They now have an “overweight” rating on the stock.

Atkore Price Performance

Shares of NYSE ATKR opened at $65.82 on Friday. The stock has a fifty day simple moving average of $62.55 and a two-hundred day simple moving average of $74.26. Atkore Inc. has a 1-year low of $49.92 and a 1-year high of $157.25. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 6.37 and a beta of 2.10. The company has a current ratio of 3.03, a quick ratio of 1.96 and a debt-to-equity ratio of 0.51.

Atkore (NYSE:ATKR) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.52. Atkore had a return on equity of 25.69% and a net margin of 12.42%. The business had revenue of $701.73 million during the quarter, compared to analyst estimates of $690.83 million. During the same period in the prior year, the company earned $4.08 earnings per share. Atkore’s revenue was down 11.5% compared to the same quarter last year. Analysts anticipate that Atkore Inc. will post 5.79 earnings per share for the current year.

Atkore Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Friday, May 16th will be issued a $0.33 dividend. This is a positive change from Atkore’s previous quarterly dividend of $0.32. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Friday, May 16th. Atkore’s dividend payout ratio (DPR) is presently 25.38%.

Insider Transactions at Atkore

In other news, insider Mark F. Lamps sold 1,000 shares of the firm’s stock in a transaction on Friday, May 9th. The stock was sold at an average price of $69.16, for a total value of $69,160.00. Following the completion of the transaction, the insider now directly owns 32,828 shares of the company’s stock, valued at $2,270,384.48. This trade represents a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.99% of the company’s stock.

Hedge Funds Weigh In On Atkore

Large investors have recently made changes to their positions in the stock. Harbor Capital Advisors Inc. boosted its holdings in shares of Atkore by 97.0% in the first quarter. Harbor Capital Advisors Inc. now owns 526 shares of the company’s stock worth $32,000 after acquiring an additional 259 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Atkore by 87.7% in the fourth quarter. Jones Financial Companies Lllp now owns 398 shares of the company’s stock worth $33,000 after acquiring an additional 186 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Atkore by 1,514.7% in the first quarter. GAMMA Investing LLC now owns 549 shares of the company’s stock worth $33,000 after acquiring an additional 515 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Atkore in the first quarter worth $37,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Atkore by 358.9% in the first quarter. Versant Capital Management Inc now owns 693 shares of the company’s stock worth $42,000 after acquiring an additional 542 shares during the period.

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.