Welcome to our dedicated page for Atkore news (Ticker: ATKR), a resource for investors and traders seeking the latest updates and insights on Atkore stock.
Atkore Inc. reports developments for a manufacturer of electrical infrastructure products, including conduit, cable, installation accessories, metal framing and cable-management solutions. Its products serve commercial, industrial, data center, telecommunications, solar, non-residential construction and renovation markets through contractors, electrical wholesalers, OEMs and end users.
Atkore news commonly covers quarterly results, volume trends, productivity initiatives, Adjusted EBITDA, dividends, investor presentations and conference participation. Updates also reflect portfolio management, including completed divestitures of HDPE pipe and conduit, surface protection and powder coating operations in Belgium, and the Tectron mechanical tube product line, as well as disclosures related to litigation settlements.
Atkore (NYSE: ATKR) reported fiscal third quarter 2026 results and entered a definitive agreement to be acquired by Prysmian S.p.A. in an all‑cash deal at $95.00 per share, implying an enterprise value of about $3.8 billion.
For the quarter ended June 26, 2026, net sales rose 8.1% year over year to $794.8 million, driven mainly by higher volumes and pricing. Net income fell to $0.7 million (GAAP $0.02 diluted EPS) primarily due to a $50.0 million litigation settlement expense and related costs, while adjusted diluted EPS increased to $1.92 from $1.63. Adjusted EBITDA grew 4.7% to $104.7 million, with modest margin pressure from higher input costs.
Atkore entered a $50.0 million settlement agreement with the last of three putative classes in an ongoing litigation matter and reported total litigation settlement expense of $186.5 million for the nine‑month period. The Board approved a $0.33 per share quarterly dividend, payable August 28, 2026, to shareholders of record on August 18, 2026. In view of the pending acquisition, Atkore will not update its financial outlook and has rescheduled its earnings conference call to August 7, 2026, as required under its Senior Notes indenture.
Atkore (NYSE: ATKR) agreed to be acquired by Prysmian S.p.A. (BIT: PRY) in an all-cash deal valuing Atkore at an enterprise value of approximately $3.8 billion. Atkore shareholders are to receive $95.00 in cash per share, a premium of about 30% to the July 31, 2026 closing price of $72.96 and about 57% to the September 29, 2025 price of $60.69, the last trading day before Atkore’s initial strategic review announcement.
Each company’s Board unanimously approved the transaction, and Atkore’s Board plans to recommend that shareholders approve it. Closing is targeted by year-end 2026, subject to Atkore shareholder approval, regulatory clearances and other customary conditions. Prysmian intends to fund the acquisition with a mix of debt, including hybrid bonds, and equity, including treasury share disposals, while targeting preservation of its investment grade profile.
The companies highlight strategic benefits from combining complementary electrical infrastructure portfolios, particularly in North America and in areas tied to electrification and data center investment. Separately, Atkore released fiscal third quarter 2026 results on its website, canceled its previously scheduled August 4 earnings call, and will hold a new call on August 7, 2026 at 8:00 AM ET to discuss results as required under its 2031 Senior Notes indenture.
Atkore (NYSE: ATKR) announced that its Board of Directors has declared a quarterly cash dividend of $0.33 per share of common stock. The dividend is payable on August 28, 2026, to stockholders of record as of August 18, 2026.
According to Atkore, the company is a manufacturer of electrical products serving commercial, industrial, data center, and solar applications, with 5,400 employees and $2.9 billion in fiscal 2025 sales, and it plans to share future updates via its website and other investor communication channels.
Astec (Nasdaq: ASTE) announced that its board of directors appointed William (“Bill”) E. Waltz as a new independent director, effective October 29, 2026. His election expands the Board to 10 members, nine independent. Waltz will also join the Board’s Compensation Committee.
Atkore (NYSE: ATKR) will release its Third Quarter Fiscal Year 2026 results before the market opens on Tuesday, August 4, 2026, followed by a conference call at 8:00 a.m. ET to discuss the results.
Investors may join the live call by dialing 888-330-2446 (US & Canada) or +1-240-789-2732 (International) using conference ID 5592214, or by accessing a webcast through the Investor Relations section of Atkore’s website. An online and telephonic replay will be available from approximately three hours after the call until 11:59 p.m. ET on Tuesday, August 18, 2026, via dial-in numbers +1-800-770-2030 (US & Canada) or +1-609-800-9909 (International) with the same conference ID.
Atkore (NYSE: ATKR) announced that Chief Financial Officer John Deitzer and Vice President of Treasury & Investor Relations Matt Kline will attend the 2026 KeyBanc Industrials & Basic Materials Conference on May 27, 2026, in Boston, MA, participating in investor meetings.
Atkore (NYSE: ATKR) reported Q2 2026 net sales of $731.4 million, up 4.2% year‑over‑year, and a net loss of $124.1 million (GAAP), or $(3.65) per diluted share. Adjusted EBITDA was $81.1 million, down 30.4% versus prior year.
The company recognized a $136.5 million legal settlement, completed divestitures including the HDPE sale (retaining a 10% stake and ~$28 million committed capital), and declared a $0.33 quarterly dividend payable May 29, 2026. Full‑year Adjusted EBITDA guidance remains $340–$360 million and Adjusted net income per diluted share $5.05–$5.55.
Atkore (NYSE: ATKR) announced the sale of its Belgium surface protection and powder coating business, sold under the Vergo Galva and Vergo Coating brands, to ZINQ on May 4, 2026. ZINQ will assume ownership of facilities in Kruisem and Mouscron.
Atkore will retain its Oudenaarde facility, which continues to produce metal framing, cable support systems and other electrical infrastructure products sold under the Atkore Vergokan brand. Financial terms were undisclosed. The company described the divestiture as part of a portfolio optimization to focus on core electrical infrastructure solutions.
Atkore (NYSE: ATKR) declared a quarterly cash dividend of $0.33 per share, payable on May 29, 2026 to shareholders of record as of May 19, 2026.
The dividend applies to common stock and reflects the board's current cash-distribution decision for the quarter.
Atkore (NYSE: ATKR) will release Second Quarter Fiscal Year 2026 results before market open on Tuesday, May 5, 2026 and host a conference call the same day at 8:00 a.m. ET.
Investors can listen via webcast on the Investor Relations website and access a telephonic replay available until 11:59 p.m. ET on May 19, 2026. Call and replay dial-in numbers and conference ID are provided for live and replay access.