Ampco-Pittsburgh Corporation (AP)

Over the past six months, Ampco-Pittsburgh's stock price has decreased. Key events include the Q3 2025 earnings report, which showed increased net sales but a net loss due to non-cash expenses, and the Q2 2025 earnings report, which revealed a net loss primarily due to charges associated with closing U.K. operations. The company is actively restructuring its operations, including the closure of its U.K. cast roll facility. A major shareholder, Louis Berkman Investment Co, acquired additional shares of Ampco-Pittsburgh stock, increasing its stake.

Demand for Ampco-Pittsburgh's products is cyclical and sensitive to economic downturns, with customer deferrals occurring in response to broader economic conditions. However, there have also been periods of accelerated demand, particularly in the Air and Liquid Processing segment. The "rolls" produced by the company are considered consumables, implying a recurring demand from its customers who operate rolling mills.

Ampco-Pittsburgh Corporation is a U.S.-based manufacturer of specialty metal products and customized equipment, operating through two segments: Forged and Cast Engineered Products, and Air and Liquid Processing. The company's products are crucial for industries such as steel, aluminum, military, healthcare, and energy. Ampco-Pittsburgh is listed on the NYSE and operates within the Industrials sector.

Ampco-Pittsburgh Corporation has a business presence in the United States and other countries. The company operates manufacturing facilities in the United States (Pennsylvania and Indiana), England, Sweden, and Slovenia. Additionally, it participates in three operating joint ventures located in China and maintains sales offices across North America, Asia, Europe, and the Middle East. Its corporate headquarters are located in Carnegie, Pennsylvania.

Ampco-Pittsburgh's brand reputation is influenced by its financial performance and strategic adjustments. Analyst sentiment is currently weak, with a consensus "Sell" rating. The company's stock score is impacted by low profitability and high leverage. Tariffs on imports from Sweden and Slovenia have also affected costs and operations.

Institutional investors own approximately 49.16% of Ampco-Pittsburgh's stock, with major holders including Gamco Investors, Inc. Et Al and The Louis Berkman Investment Company. The general public holds a 21% stake, and insiders own approximately US$4.9 million worth of the company.