Atkore Inc (ATKR)

Atkore's stock price has declined over the past six months, with a 25.63% decrease between January 6, 2025, and January 2, 2026, and a 43% fall in the year leading up to November 2024. Key events include a mixed fourth-quarter 2025 earnings report and a dismal outlook for fiscal year 2025, leading to a 52-week low in November 2025. The company missed earnings per share for Q4 2025 and provided a full-year 2026 Adjusted EPS guidance below analyst estimates, marking the fourth consecutive quarter of lowered annual guidance. In September 2025, Atkore announced a strategic review to focus on core electrical infrastructure, including evaluating the potential sale of its HDPE pipe and conduit business and other non-electrical infrastructure assets. Cost reduction measures were initiated, including headcount reductions and the consolidation of three manufacturing facilities in calendar year 2026. Earlier in 2025, Atkore divested its Northwest Polymers business and in December 2025, sold its Tectron mechanical tube product line and manufacturing facility. The company's performance has also been affected by lower average selling prices due to declining commodity prices and increased pricing competition from imported PVC and steel conduit products.

Atkore's operating results are typically impacted by seasonality, with the first and second fiscal quarters of each year being the slowest due to factors such as frozen ground and cold temperatures impeding construction projects.

Atkore Inc. is a diversified global manufacturer specializing in electrical raceway and mechanical products, providing solutions for electrification and digital transformation. The company operates within the Producer Manufacturing sector and the Electrical Products industry, focusing on electrical, mechanical, safety, and infrastructure products. Atkore's product portfolio includes various conduit and fitting types, cable management systems, tubes, pipes, metal framing, construction services, and perimeter security. The company serves markets such as non-residential construction, electric power, data centers, telecommunications, water, transportation, and solar applications.

Atkore has a global manufacturing and distribution presence, primarily in North America (United States and Canada), with additional facilities in Australia, New Zealand, and the United Kingdom. The company operates manufacturing facilities across eight countries.

Atkore has received several accolades, including being named a "2026 Best Place to Work" and ranked #1 in Forbes' list of America's Best Mid-Sized Companies. Newsweek recognized Atkore as one of the "Most Responsible Companies" for its ESG commitments for the second consecutive year. Additionally, Atkore was recognized as an ENERGY STAR® Partner of the Year and received the Human Rights Campaign (HRC) Foundation's "Equality 100 Award Leaders in LGBTQ+ Inclusion". The company also published Environmental Product Declarations (EPDs) for a substantial portion of its core product offerings.

Atkore Inc. has a high level of institutional ownership, with approximately 90.97% of shares held by institutional investors, 1.41% by individual investors, and a public float of 7.62%. Major institutional shareholders include Vanguard Group Inc., Gates Capital Management, Inc., BlackRock, Inc., First Trust Advisors Lp, American Century Companies Inc, AIRR - First Trust RBA American Industrial Renaissance™ ETF, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Dimensional Fund Advisors Lp, Victory Capital Management Inc, and Lsv Asset Management. Vanguard Group Inc. is the largest individual Atkore shareholder, holding 10.76% of the company's shares.