MT icon

ArcelorMittal

23.18 USD
+0.01
0.04%
At close Dec 20, 4:00 PM EST
1 day
0.04%
5 days
-6.08%
1 month
-7.58%
3 months
-3.30%
6 months
-3.42%
Year to date
-17.86%
1 year
-18.09%
5 years
29.93%
10 years
-30.08%
 

About: ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from United States.

Employees: 126,756

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]

37% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 35

15% more call options, than puts

Call options by funds: $56.6M | Put options by funds: $49.1M

11% more capital invested

Capital invested by funds: $789M [Q2] → $876M (+$87.2M) [Q3]

7% more funds holding

Funds holding: 184 [Q2] → 197 (+13) [Q3]

0.12% less ownership

Funds ownership: 4.03% [Q2] → 3.92% (-0.12%) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 70

Research analyst outlook

We haven’t received any recent analyst ratings for MT.

Financial journalist opinion

Based on 9 articles about MT published over the past 30 days

Neutral
GlobeNewsWire
3 days ago
Designated person notification
With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), ArcelorMittal announces that notifications of share transaction by a Designated Person (i.e. Directors or Executive Officers) are available in the Luxembourg Stock Exchange's electronic database OAM on www.bourse.lu and on ArcelorMittal's web site www.arcelormittal.com under Investors > Share Transactions by Management: https://corporate.arcelormittal.com/investors/corporate-governance/share-transactions-by-management
Designated person notification
Positive
Zacks Investment Research
1 week ago
ArcelorMittal & LanzaTech Announce Ethanol Production Milestone
MT's Steelanol factory facility can produce 80 million liters of advanced ethanol per year, which accounts for roughly half of Belgium's current consumption.
ArcelorMittal & LanzaTech Announce Ethanol Production Milestone
Positive
Forbes
1 week ago
ArcelorMittal Stock Could Double And Touch $70
Is ArcelorMittal pricey at six times forward earnings in the coming years? Not at all.
ArcelorMittal Stock Could Double And Touch $70
Neutral
GlobeNewsWire
1 week ago
ArcelorMittal Announces Pricing of Bond Issue
ArcelorMittal priced yesterday an offering of €500,000,000 3.125 per cent notes due 13 December 2028 (the “2028 Notes”) and €500,000,000 3.500 per cent notes due 13 December 2031 (the “2031 Notes” and together with the 2028 Notes, the "Notes").
ArcelorMittal Announces Pricing of Bond Issue
Neutral
GlobeNewsWire
2 weeks ago
ArcelorMittal announces financial calendar for 2025
ArcelorMittal today announces its financial calendar for 2025. Earnings results announcements: 6 February 2025: Q4 and full year 2024 2 May 2025: Q1 2025 31 July 2025: Q2 and half year 2025 6 November 2025: Q3 2025 Annual General Meeting of Shareholders: 6 May 2025 ENDS About ArcelorMittal ArcelorMittal is one of the world's leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries.
ArcelorMittal announces financial calendar for 2025
Neutral
Zacks Investment Research
2 weeks ago
ArcelorMittal Offers Update on Decarbonization Goals for Europe
MT is currently working on engineering works and analyzing a staged strategy that would begin with building electric arc furnaces.
ArcelorMittal Offers Update on Decarbonization Goals for Europe
Negative
Market Watch
3 weeks ago
ArcelorMittal delays green transition plans blaming lack of EU support
ArcelorMittal, the world's second largest steelmaker, said it would be delaying plans to replace its coal fired blast furnaces with hydrogen powered facilities, citing a lack of EU support
ArcelorMittal delays green transition plans blaming lack of EU support
Neutral
GlobeNewsWire
3 weeks ago
ArcelorMittal provides update on its European decarbonization plans
26 November 2024, 08:30 CET ArcelorMittal is today providing an update on its decarbonization plans in Europe. The Company has previously announced the intention to invest in lower carbon emissions “hydrogen ready” DRI-EAF facilities to replace several blast furnaces across our European business, as a key strategic first step towards reducing emissions.
ArcelorMittal provides update on its European decarbonization plans
Positive
Seeking Alpha
3 weeks ago
ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound
ArcelorMittal, a global steel producer, is strategically exiting challenging markets and investing in high-value assets, despite an 11.6% YTD stock decline. Q3 2024 results showed revenue fell 8.5% YoY, but EBITDA exceeded estimates by 15% due to effective cost control. MT stock's low historical multiples and positive earnings revisions suggest a 25% upside potential, supported by macroeconomic tailwinds and shareholder remuneration policies.
ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound
Neutral
Zacks Investment Research
1 month ago
ArcelorMittal's Earnings Top Estimates, Revenues Lag in Q3
The decline in MT's sales in Q3 is due to lower average selling prices across segments.
ArcelorMittal's Earnings Top Estimates, Revenues Lag in Q3
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