Rep. Lisa C. McClain Sells Off Shares of ArcelorMittal (NYSE:MT)

Representative Lisa C. McClain (R-Michigan) recently sold shares of ArcelorMittal (NYSE:MT). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in ArcelorMittal stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
• Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
• Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.

ArcelorMittal Stock Up 1.5%

ArcelorMittal stock opened at $35.29 on Monday. The stock has a market cap of $28.91 billion, a P/E ratio of 10.89, a P/E/G ratio of 0.15 and a beta of 1.64. The company has a quick ratio of 0.59, a current ratio of 1.40 and a debt-to-equity ratio of 0.19. ArcelorMittal has a twelve month low of $21.59 and a twelve month high of $35.56. The company’s 50-day moving average price is $33.44 and its two-hundred day moving average price is $31.28.

ArcelorMittal (NYSE:MT) last released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $1.32 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.01). The company had revenue of $15.93 billion during the quarter, compared to the consensus estimate of $15.48 billion. ArcelorMittal had a net margin of 4.11% and a return on equity of 4.99%. The firm’s revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.63 earnings per share. As a group, analysts expect that ArcelorMittal will post 3.72 EPS for the current year.

Analysts Set New Price Targets

MT has been the topic of several research analyst reports. Wall Street Zen cut shares of ArcelorMittal from a “buy” rating to a “hold” rating in a report on Sunday. Barclays cut shares of ArcelorMittal from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 16th. Finally, Wells Fargo & Company raised shares of ArcelorMittal to a “hold” rating in a report on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, ArcelorMittal has an average rating of “Hold” and a consensus price target of $33.45.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MT. Connor Clark & Lunn Investment Management Ltd. increased its stake in ArcelorMittal by 22.0% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,872,477 shares of the basic materials company’s stock valued at $54,021,000 after acquiring an additional 337,158 shares during the last quarter. OLD Mission Capital LLC increased its stake in ArcelorMittal by 20.1% in the first quarter. OLD Mission Capital LLC now owns 814,793 shares of the basic materials company’s stock valued at $23,507,000 after acquiring an additional 136,443 shares during the last quarter. Bank of America Corp DE increased its stake in ArcelorMittal by 56.7% in the fourth quarter. Bank of America Corp DE now owns 784,252 shares of the basic materials company’s stock valued at $18,140,000 after acquiring an additional 283,758 shares during the last quarter. ABC Arbitrage SA increased its stake in ArcelorMittal by 31.0% in the first quarter. ABC Arbitrage SA now owns 560,329 shares of the basic materials company’s stock valued at $16,165,000 after acquiring an additional 132,535 shares during the last quarter. Finally, Telemark Asset Management LLC bought a new position in ArcelorMittal in the first quarter valued at approximately $11,540,000. 9.29% of the stock is owned by institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

ArcelorMittal Company Profile

ArcelorMittal SA, together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes.