ArcelorMittal (NYSE:MT) Shares Pass Above 200 Day Moving Average – Should You Sell?

Posted by George Bondi on May 27th, 2026

Shares of ArcelorMittal (NYSE:MT – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $52.93 and traded as high as $66.66. ArcelorMittal shares last traded at $66.0250, with a volume of 2,355,003 shares.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group upgraded shares of ArcelorMittal from a “hold” rating to a “buy” rating and lifted their price objective for the company from $51.10 to $73.20 in a report on Wednesday, February 11th. Morgan Stanley reiterated an “overweight” rating on shares of ArcelorMittal in a report on Tuesday, February 17th. JPMorgan Chase & Co. lowered shares of ArcelorMittal from an “overweight” rating to an “underweight” rating in a report on Monday, March 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ArcelorMittal in a report on Friday, February 6th. Finally, Citigroup reiterated a “buy” rating on shares of ArcelorMittal in a report on Wednesday, May 20th. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, ArcelorMittal has a consensus rating of “Hold” and a consensus target price of $61.07.

Get Our Latest Analysis on MT

ArcelorMittal Trading Up 3.7%

The stock has a market capitalization of $53.09 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 0.53 and a beta of 1.48. The company has a current ratio of 1.39, a quick ratio of 0.54 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $58.09 and a 200 day moving average price of $53.15.

ArcelorMittal (NYSE:MT – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.72 by $0.04. The firm had revenue of $15.46 billion during the quarter, compared to analyst estimates of $17.04 billion. ArcelorMittal had a return on equity of 4.77% and a net margin of 4.71%.The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. On average, research analysts forecast that ArcelorMittal will post 4.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. True Wealth Design LLC raised its stake in shares of ArcelorMittal by 41.4% during the 4th quarter. True Wealth Design LLC now owns 799 shares of the basic materials company’s stock worth $36,000 after acquiring an additional 234 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in ArcelorMittal in the fourth quarter worth about $44,000. State of Wyoming purchased a new stake in shares of ArcelorMittal during the third quarter worth about $36,000. Allworth Financial LP grew its stake in shares of ArcelorMittal by 91.5% during the fourth quarter. Allworth Financial LP now owns 1,126 shares of the basic materials company’s stock worth $51,000 after acquiring an additional 538 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of ArcelorMittal by 126.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,146 shares of the basic materials company’s stock worth $52,000 after acquiring an additional 640 shares during the last quarter. Institutional investors own 9.29% of the company’s stock.

ArcelorMittal Company Profile

(Get Free Report)

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.