Ampco-Pittsburgh Corporation (AP)

Ampco-Pittsburgh Corp. experienced a significant stock increase of 252.40% between March 25, 2025, and March 24, 2026, closing at $6.86 on March 27, 2026. The company announced a fourth-quarter loss of $57.7 million and a full-year loss of $66.1 million, attributed to non-cash charges, causing a stock price drop of 31.74% in after-hours trading. Conversely, customer orders increased by 38% in the first two months of 2026, with the FCEP segment up by 18% and the ALP segment up by 73%.

Ampco-Pittsburgh Corporation exhibits seasonal tendencies with December being the strongest month historically, showing an average return of 9.00%, and June being the weakest, with an average return of -5.12%. Annually, the stock has an average return of 15.22%, with most months showing positive average returns.

Ampco-Pittsburgh Corporation is a specialty steel manufacturer producing engineered metal products and customized equipment for industrial and commercial use. It operates through two segments: Forged and Cast Engineered Products (FCEP) and Air and Liquid Processing (ALP). The FCEP segment produces forged hardened steel rolls and engineered products. The ALP segment specializes in heat exchange coils, air handling systems, and centrifugal pumps for various industries. Ampco-Pittsburgh's sector is broadly categorized under Industrial Goods, including Iron & Steel, Manufacturing, Holding Companies, and Machinery (B2B).

Ampco-Pittsburgh Corporation has manufacturing facilities in the United States, Sweden, and Slovenia, and participates in three operating joint ventures in China. Its sales offices are located across North and South America, Asia, Europe, and the Middle East. The corporate headquarters are in Carnegie, Pennsylvania, U.S.

Ampco-Pittsburgh's brand reputation has been shaped by strategic operational adjustments, including the divestiture of its UK cast roll operations to enhance earnings. The ALP segment has shown strong performance with record sales, while the FCEP segment improved operating income by 38% in 2024. Reported losses in 2025 due to non-cash charges may have a short-term impact, but are framed as necessary for long-term growth.

Ampco-Pittsburgh Corp. has a diverse ownership structure including institutional investors (49.16%), individual investors, and insiders. Major institutional owners include Gamco Investors, Inc. Et Al, Gabelli Funds Llc, and Ameriprise Financial Inc. Key individual and insider owners include Louis Berkman Investment Co., Louis Berkman, and Frederick D. Disanto.