Meros Investment Management LP Invests $2.08 Billion in Ampco-Pittsburgh Corporation $AP

Posted by Brian Himes on Aug 26th, 2026

Meros Investment Management LP acquired a new stake in shares of Ampco-Pittsburgh Corporation (NYSE:AP – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 239,910 shares of the industrial products company’s stock, valued at approximately $2,075,222,000. Meros Investment Management LP owned about 1.16% of Ampco-Pittsburgh at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AP. Raffles Associates LP purchased a new position in Ampco-Pittsburgh during the 2nd quarter worth $130,000. BlackRock Inc. acquired a new stake in Ampco-Pittsburgh in the second quarter worth about $8,500,000. Deutsche Bank AG acquired a new stake in Ampco-Pittsburgh in the second quarter worth about $140,000. Bank of New York Mellon Corp purchased a new stake in shares of Ampco-Pittsburgh during the second quarter worth about $294,000. Finally, GSA Capital Partners LLP acquired a new position in shares of Ampco-Pittsburgh during the second quarter valued at about $187,000. Institutional investors and hedge funds own 49.16% of the company’s stock.

Ampco-Pittsburgh Stock Performance

Shares of AP stock opened at $8.87 on Wednesday. The business has a fifty day moving average of $8.74 and a 200 day moving average of $9.07. Ampco-Pittsburgh Corporation has a 1 year low of $1.75 and a 1 year high of $12.81. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.78 and a quick ratio of 0.96. The firm has a market capitalization of $183.21 million, a price-to-earnings ratio of -3.03 and a beta of 1.30.

Ampco-Pittsburgh (NYSE:AP – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). Ampco-Pittsburgh had a negative return on equity of 3.53% and a negative net margin of 13.84%.The firm had revenue of $97.90 million during the quarter, compared to analysts’ expectations of $84.90 million.

Insider Transactions at Ampco-Pittsburgh

In other Ampco-Pittsburgh news, insider Samuel Lyon sold 9,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $9.82, for a total transaction of $93,290.00. Following the completion of the transaction, the insider directly owned 181,233 shares of the company’s stock, valued at approximately $1,779,708.06. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 23.48% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Ampco-Pittsburgh from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Ampco-Pittsburgh presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Ampco-Pittsburgh

About Ampco-Pittsburgh

(Free Report)

Ampco-Pittsburgh Corporation is a U.S.-based specialty metals manufacturer that produces cast and forged components for a range of industrial markets. The company’s primary offerings include custom-designed forged rolls, grinding rolls and specialty bars for the steel and metal processing industries. In addition, Ampco-Pittsburgh supplies precision couplings, gears and die components for original equipment manufacturers in sectors such as mining, power generation and heavy machinery.

The company operates multiple production facilities in North America, where it employs advanced melting, heat-treating and machining processes to deliver components with tight tolerances and enhanced wear resistance.