ArcelorMittal Sees Unusually Large Options Volume (NYSE:MT)

Posted by Brenda Bartman on Sep 28th, 2026

ArcelorMittal (NYSE:MT – Get Free Report) was the recipient of some unusual options trading on Monday. Stock traders bought 3,618 put options on the company. This is an increase of approximately 222% compared to the average volume of 1,123 put options.

ArcelorMittal Stock Down 1.2%

Shares of ArcelorMittal stock traded down $0.84 during trading on Monday, hitting $69.86. 908,104 shares of the stock traded hands, compared to its average volume of 1,767,262. The company has a current ratio of 1.43, a quick ratio of 0.57 and a debt-to-equity ratio of 0.21. The stock’s fifty day simple moving average is $72.58 and its 200 day simple moving average is $65.12. The firm has a market cap of $54.14 billion, a P/E ratio of 29.59, a price-to-earnings-growth ratio of 0.51 and a beta of 1.55. ArcelorMittal has a 52-week low of $35.71 and a 52-week high of $79.68.

ArcelorMittal (NYSE:MT – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.28). ArcelorMittal had a return on equity of 4.20% and a net margin of 2.88%.The business had revenue of $16.76 billion during the quarter, compared to analysts’ expectations of $17.56 billion. During the same period last year, the company earned $1.32 earnings per share. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, equities analysts predict that ArcelorMittal will post 4.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ArcelorMittal

Hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new position in shares of ArcelorMittal during the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC raised its stake in ArcelorMittal by 19.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,561 shares of the basic materials company’s stock worth $162,000 after buying an additional 573 shares in the last quarter. Global Retirement Partners LLC raised its stake in ArcelorMittal by 55.1% in the fourth quarter. Global Retirement Partners LLC now owns 3,764 shares of the basic materials company’s stock worth $172,000 after buying an additional 1,337 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in ArcelorMittal by 27.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,383 shares of the basic materials company’s stock worth $200,000 after buying an additional 946 shares during the period. Finally, Moody National Bank Trust Division purchased a new stake in ArcelorMittal during the second quarter worth $205,000. Hedge funds and other institutional investors own 9.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MT. Weiss Ratings upgraded ArcelorMittal from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, September 11th. Morgan Stanley started coverage on shares of ArcelorMittal in a research note on Monday, August 24th. They set an “overweight” rating and a $82.00 target price for the company. JPMorgan Chase & Co. upgraded shares of ArcelorMittal from an “underweight” rating to a “neutral” rating in a report on Friday, July 10th. Jefferies Financial Group reaffirmed a “buy” rating on shares of ArcelorMittal in a research note on Monday, July 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of ArcelorMittal in a research report on Tuesday, August 4th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $74.80.

Check Out Our Latest Stock Report on MT

ArcelorMittal Company Profile

(Get Free Report)

ArcelorMittal SA is a global steel and mining company with operations spanning the Americas, Europe and Africa. The company produces and sells steel products for industries including automotive, construction, infrastructure, energy, packaging and general manufacturing.

Its portfolio includes flat steel, long steel, tubular products and tailored solutions designed for specific industrial applications. ArcelorMittal also operates iron ore mining and processing activities, which supply raw materials for its steelmaking operations and support its vertically integrated business model.

ArcelorMittal was formed in 2006 through the merger of Arcelor and Mittal Steel.