Atkore (NYSE:ATKR) Releases FY 2026 Earnings Guidance

Atkore (NYSE:ATKR) 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 Price Performance

Shares of NYSE ATKR traded down $2.62 during trading on Thursday, hitting $66.44. The company had a trading volume of 39,928 shares, compared to its average volume of 391,990. Atkore has a 52 week low of $49.92 and a 52 week high of $80.06. The business’s 50-day moving average is $67.05 and its 200 day moving average is $65.08. The company has a market cap of $2.24 billion, a P/E ratio of -47.79 and a beta of 1.60. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.13 and a current ratio of 3.05.

Atkore (NYSE:ATKR) last issued its earnings results on Tuesday, February 3rd. The company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.19. Atkore had a positive return on equity of 11.23% and a negative net margin of 1.63%.The business had revenue of $655.55 million for the quarter, compared to analysts’ expectations of $650.09 million. During the same period in the previous year, the firm posted $1.63 EPS. The company’s quarterly revenue was down .9% on a year-over-year basis. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. Equities research analysts predict that Atkore will post 5.79 earnings per share for the current fiscal year.

Atkore Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders 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 2.0%. The ex-dividend date is Tuesday, February 17th. Atkore’s dividend payout ratio (DPR) is presently -253.85%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ATKR shares. Royal Bank Of Canada set a $71.00 price target on shares of Atkore in a report on Wednesday. KeyCorp restated a “sector weight” rating on shares of Atkore in a report on Friday, November 14th. Citigroup raised their target price on Atkore from $64.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Atkore in a research report on Monday, December 29th. Finally, CJS Securities upgraded Atkore to a “strong-buy” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $73.40.

Insider Activity at Atkore

In related news, insider Mark F. Lamps sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $64.75, for a total value of $64,750.00. Following the completion of the sale, the insider 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On Atkore

Large investors have recently added to or reduced their stakes in the stock. Kestra Investment Management LLC lifted its stake in shares of Atkore by 710.9% in the second quarter. Kestra Investment Management LLC now owns 446 shares of the company’s stock valued at $31,000 after buying an additional 391 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in 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 acquiring an additional 480 shares in the last quarter. Strs Ohio bought a new stake in shares of Atkore in the 1st quarter worth approximately $36,000. Jones Financial Companies Lllp grew its holdings in shares of Atkore by 61.8% during the 1st quarter. Jones Financial Companies Lllp now owns 644 shares of the company’s stock worth $39,000 after purchasing an additional 246 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Atkore during the third quarter valued at approximately $80,000.

About Atkore

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.