Arconic Co. (NYSE:ARNC – Get Rating) saw unusually-strong trading volume on Friday . Approximately 1,212,884 shares were traded during trading, a decline of 19% from the previous session’s volume of 1,505,300 shares.The stock last traded at $28.93 and had previously closed at $28.93. Analyst Upgrades and Downgrades A number of analysts recently commented on ARNC […]
Fox Run Management L.L.C. acquired a new stake in shares of Arconic Co. (NYSE:ARNC – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,696 shares of the basic materials company’s stock, valued at approximately $311,000. Several other institutional investors also […]
Arconic (NYSE:ARNC – Get Rating) announced its quarterly earnings results on Thursday. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.06), RTT News reports. Arconic had a negative net margin of 2.03% and a positive return on equity of 9.06%. The firm had […]
First Quarter 2023 Highlights
Sales of $1.9 billion, down 12% year over year, up 6% organically, up 6% from prior quarter on a comparable basis excluding Russian Operations
Net income of $25. | May 4, 2023
Hedges Asset Management LLC lifted its position in Arconic Co. (NYSE:ARNC – Get Rating) by 69.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,500 shares of the basic materials company’s stock after buying an additional 13,300 shares during […]