Kerrisdale Advisers LLC Has $1.51 Million Position in Atkore Inc. $ATKR

Posted by Brenda Bartman on Aug 31st, 2026

Kerrisdale Advisers LLC lessened its stake in shares of Atkore Inc. (NYSE:ATKR – Free Report) by 29.3% during the second quarter, Holdings Channel.com reports. The fund owned 19,844 shares of the company’s stock after selling 8,230 shares during the period. Kerrisdale Advisers LLC’s holdings in Atkore were worth $1,509,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cetera Investment Advisers lifted its position in shares of Atkore by 2.8% during the 1st quarter. Cetera Investment Advisers now owns 5,212 shares of the company’s stock valued at $307,000 after acquiring an additional 143 shares during the period. California State Teachers Retirement System grew its holdings in shares of Atkore by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 33,067 shares of the company’s stock worth $2,333,000 after purchasing an additional 214 shares in the last quarter. Adams Wealth Management increased its position in shares of Atkore by 0.5% in the fourth quarter. Adams Wealth Management now owns 40,726 shares of the company’s stock worth $2,576,000 after purchasing an additional 220 shares during the period. Osaic Holdings Inc. increased its position in shares of Atkore by 15.4% in the second quarter. Osaic Holdings Inc. now owns 1,794 shares of the company’s stock worth $127,000 after purchasing an additional 240 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in Atkore by 61.8% in the first quarter. Jones Financial Companies Lllp now owns 644 shares of the company’s stock valued at $39,000 after purchasing an additional 246 shares in the last quarter.

Analysts Set New Price Targets

ATKR has been the subject of several recent analyst reports. Wall Street Zen raised shares of Atkore from a “hold” rating to a “buy” rating in a research report on Sunday, July 26th. Royal Bank Of Canada set a $76.00 target price on shares of Atkore in a research report on Thursday, July 16th. Roth Capital downgraded shares of Atkore from a “buy” rating to a “neutral” rating and upped their price target for the stock from $85.00 to $92.00 in a report on Tuesday, August 4th. Citigroup increased their price target on shares of Atkore from $74.00 to $86.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Atkore from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $143.33.

Get Our Latest Report on ATKR

Atkore Stock Performance

Atkore stock opened at $93.67 on Monday. The business has a 50 day moving average of $81.75 and a 200-day moving average of $74.12. The company has a market capitalization of $3.16 billion, a P/E ratio of -19.47 and a beta of 1.68. Atkore Inc. has a 1 year low of $53.75 and a 1 year high of $94.14. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.73 and a quick ratio of 2.04.

Atkore (NYSE:ATKR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.39. The company had revenue of $794.80 million for the quarter, compared to analyst estimates 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 in the previous year, the business earned $2.17 earnings per share. On average, equities research analysts predict that Atkore Inc. will post 5.15 earnings per share for the current year.

Atkore Dividend Announcement

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

Insider Transactions at Atkore

In other Atkore news, insider Mark F. Lamps sold 300 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $93.75, for a total transaction of $28,125.00. Following the sale, the insider owned 35,803 shares of the company’s stock, valued at approximately $3,356,531.25. This represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.10% of the stock is currently owned by insiders.

Atkore Profile

(Free Report)

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.