Atkore (NYSE:ATKR) Reaches New 12-Month High – Still a Buy?

Posted by Stanley Muller on Sep 24th, 2026

Atkore Inc. (NYSE:ATKR – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $94.65 and last traded at $94.6010, with a volume of 212942 shares traded. The stock had previously closed at $94.47.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ATKR. Weiss Ratings raised Atkore from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Roth Capital lowered Atkore from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $85.00 to $92.00 in a report on Tuesday, August 4th. Royal Bank Of Canada set a $76.00 price target on Atkore in a research note on Thursday, July 16th. Finally, Wall Street Zen raised Atkore from a “hold” rating to a “buy” rating in a report on Sunday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $143.33.

Get Our Latest Stock Analysis on ATKR

Atkore Price Performance

The company has a quick ratio of 2.04, a current ratio of 2.73 and a debt-to-equity ratio of 0.59. The firm’s fifty day moving average price is $89.06 and its two-hundred day moving average price is $77.74. The stock has a market capitalization of $3.19 billion, a PE ratio of -19.65 and a beta of 1.68.

Atkore (NYSE:ATKR – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.39. The company had revenue of $794.80 million for the quarter, compared to analysts’ expectations of $756.23 million. Atkore had a negative net margin of 5.55% and a positive return on equity of 10.27%. During the same quarter last year, the company posted $2.17 earnings per share. On average, equities analysts predict that Atkore Inc. will post 5.15 earnings per share for the current year.

Atkore Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 18th were issued a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.32 annualized dividend and a dividend yield of 1.4%. Atkore’s payout ratio is presently -27.44%.

Insider Buying and Selling

In related news, insider Mark Lamps sold 300 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $93.75, for a total transaction of $28,125.00. Following the completion of the sale, the insider owned 35,803 shares in the company, valued at approximately $3,356,531.25. This represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Tidal Investments LLC grew its stake in shares of Atkore by 61.8% during the 2nd quarter. Tidal Investments LLC now owns 51,660 shares of the company’s stock valued at $3,928,000 after purchasing an additional 19,729 shares during the period. Engineers Gate Manager LP lifted its stake in shares of Atkore by 723.5% in the 2nd quarter. Engineers Gate Manager LP now owns 57,071 shares of the company’s stock worth $4,340,000 after purchasing an additional 50,141 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Atkore in the 2nd quarter worth approximately $31,000. Squarepoint Ops LLC purchased a new position in shares of Atkore in the second quarter worth approximately $1,008,000. Finally, Nykredit A S purchased a new position in shares of Atkore in the second quarter worth approximately $81,000.

About Atkore

(Get Free Report)

Atkore Inc (NYSE: ATKR) manufactures electrical, safety and infrastructure products for commercial, industrial, data center, utility, transportation and other construction markets. Its portfolio is designed to support the distribution, management and protection of electrical power and communications systems.

The company’s products include electrical conduit and fittings, cable management systems, wire and cable, metal framing, mechanical pipe, fire sprinkler pipe and related infrastructure components.