Aperam S.A. (APAM) Releases Q1 2026 Earnings: Revenue and Margins Rise but Net Income and EPS Fall

Aperam S.A. (APAM) reported first-quarter 2026 results with revenue and margins improving while earnings per share and net income declined year-over-year.

Total revenue: $303 million (up 9.3% year-over-year).

Gross profit: $134.3 million (up 10.1% year-over-year).

Operating profit: $94.2 million (up 8.9% year-over-year).

Net income attributable to common shareholders: $58 million (down 5.1% year-over-year).

Diluted earnings per share: $0.76 (down 7.3% year-over-year).

Cash flow and balance sheet highlights show stronger operating cash generation and modest growth in cash balances alongside higher liabilities.

Cash from operating activities: $181.8 million (up 15.1% year-over-year).

Purchases of property, plant and equipment: $543,000 (up 148.0% year-over-year).

Cash and cash equivalents: $271.1 million (up 4.7% year-over-year).

Total liabilities: $926.8 million (up 6.8% year-over-year).

Cost of sales: $168.7 million (up 8.7% year-over-year).

In summary, Aperam (APAM) posted top-line and margin improvements in Q1 2026 while net income and diluted EPS slipped; operating cash flow strengthened and the balance sheet showed higher liabilities alongside a modest increase in cash.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Aperam S.A., Luxembourg Hedge Fund Activity

We have seen 180 institutional investors add shares of Aperam S.A., Luxembourg stock to their portfolio, and 197 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 513,919 shares (-75.5%) from their portfolio in Q4 2025, for an estimated $20,937,060
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 462,216 shares (-7.5%) from their portfolio in Q4 2025, for an estimated $18,830,679
JANUS HENDERSON GROUP PLC removed 412,277 shares (-55.5%) from their portfolio in Q4 2025, for an estimated $16,796,164
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added 289,105 shares (+12.6%) to their portfolio in Q1 2026, for an estimated $10,520,530
CHANNING CAPITAL MANAGEMENT, LLC added 250,475 shares (+14.6%) to their portfolio in Q4 2025, for an estimated $10,204,351
CITADEL ADVISORS LLC added 223,835 shares (+2977.3%) to their portfolio in Q4 2025, for an estimated $9,119,037
PUBLIC SECTOR PENSION INVESTMENT BOARD added 222,532 shares (+71.1%) to their portfolio in Q4 2025, for an estimated $9,065,953

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Aperam S.A., Luxembourg Price Targets

Multiple analysts have issued price targets for $APAM recently. We have seen 3 analysts offer price targets for $APAM in the last 6 months, with a median target of $38.0.

Here are some recent targets:

John Dunn from Evercore ISI Group set a target price of $38.0 on 04/30/2026
Kenneth S. Lee from RBC Capital set a target price of $43.0 on 04/30/2026
Alexander Blostein from Goldman Sachs set a target price of $34.0 on 04/07/2026