Quantinno Capital Management LP Purchases 35,298 Shares of ArcelorMittal $MT

Quantinno Capital Management LP lifted its position in ArcelorMittal (NYSE:MT) by 11.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 335,931 shares of the basic materials company’s stock after buying an additional 35,298 shares during the period. Quantinno Capital Management LP’s holdings in ArcelorMittal were worth $17,461,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in ArcelorMittal during the fourth quarter valued at approximately $44,000. Geneos Wealth Management Inc. grew its holdings in ArcelorMittal by 44.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,635 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 501 shares during the last quarter. Allworth Financial LP grew its holdings in ArcelorMittal by 91.5% in the fourth quarter. Allworth Financial LP now owns 1,126 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 538 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of ArcelorMittal by 126.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,146 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 640 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of ArcelorMittal by 268.6% during the second quarter. EverSource Wealth Advisors LLC now owns 2,422 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 1,765 shares in the last quarter. Institutional investors own 9.29% of the company’s stock.

ArcelorMittal News Summary

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: Management said supportive trade measures aimed at curbing steel imports have improved the outlook for its European business. ArcelorMittal expects second-half sales to outperform the first half, providing a potential catalyst for future earnings. ArcelorMittal Posts Fall in Net Profit But Sees Improved Outlook for European Business
• Positive Sentiment: AM/NS India, ArcelorMittal’s Indian joint venture, reported a 28.5% increase in quarterly EBITDA, helped by higher steel prices. This indicates comparatively strong performance in the Indian business. AM/NS India June-quarter EBITDA rises 28.5% on higher steel prices
• Neutral Sentiment: Wells Fargo raised its price target for MT from $62 to $69 but retained an “equal weight” rating. The new target remains modestly below the recent trading level, signaling limited near-term upside in the analyst’s view. Wells Fargo ArcelorMittal price-target update
• Neutral Sentiment: ArcelorMittal published its 2026 half-year report, giving investors access to detailed financial, operating and regulatory information for the six months ended June 30. ArcelorMittal publishes its 2026 half-year report
• Negative Sentiment: Second-quarter net income fell 62% year over year to $683 million. Adjusted EPS of $0.90 missed the $1.18 consensus estimate, while revenue of $16.76 billion was below expectations of $17.07 billion. EPS also declined from $1.32 in the prior-year quarter, highlighting pressure on profitability despite revenue growth. ArcelorMittal reports second quarter 2026 results

ArcelorMittal Trading Down 0.1%

NYSE MT opened at $70.08 on Monday. The company has a fifty day simple moving average of $66.03 and a two-hundred day simple moving average of $60.72. The stock has a market cap of $54.32 billion, a P/E ratio of 29.70, a P/E/G ratio of 0.55 and a beta of 1.53. ArcelorMittal has a 12-month low of $30.17 and a 12-month high of $72.50. The company has a current ratio of 1.43, a quick ratio of 0.57 and a debt-to-equity ratio of 0.21.

ArcelorMittal (NYSE:MT) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.72 by $0.04. The business had revenue of $15.46 billion during the quarter, compared to the consensus estimate of $17.04 billion. ArcelorMittal had a net margin of 2.88% and a return on equity of 4.20%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 earnings per share. On average, analysts forecast that ArcelorMittal will post 4.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MT. Santander lowered ArcelorMittal from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. upgraded ArcelorMittal from an “underweight” rating to a “neutral” rating in a research note on Friday, July 10th. Weiss Ratings raised ArcelorMittal from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Wells Fargo & Company raised their price target on ArcelorMittal from $62.00 to $69.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $75.00 price target on shares of ArcelorMittal in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $72.40.

About ArcelorMittal

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.