After this afternoon's 3.8% surge to $33.72 per share, Arcelor Mittal might just keep moving past its target price of $32.4. With an average analyst rating of buy, and target prices from $28.0 to $35.7, the stock's next move is anyone's guess.
Arcelor Mittal's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 2.69. At 0.0%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 4.9%. In conclusion, we believe there is mixed market sentiment regarding Arcelor Mittal.
Institutions Invested in Arcelor Mittal
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-03-31 | Dimensional Fund Advisors LP | 0% | 3,073,477 | $103,637,648 |
| 2025-03-31 | Bank Of New York Mellon Corporation | 0% | 2,404,023 | $81,063,658 |
| 2025-03-31 | Connor Clark & Lunn Investment Management Ltd | 0% | 1,872,477 | $63,139,926 |
| 2025-03-31 | Morgan Stanley | 0% | 1,772,227 | $59,759,496 |
| 2025-03-31 | Goldman Sachs Group Inc | 0% | 1,365,376 | $46,040,480 |
| 2025-03-31 | Blackrock Inc. | 0% | 1,284,115 | $43,300,359 |
| 2025-03-31 | FMR, LLC | 0% | 1,268,891 | $42,787,006 |
| 2025-03-31 | Voloridge Investment Management, LLC | 0% | 1,263,378 | $42,601,107 |
| 2025-03-31 | Optiver Holding B.v. | 0% | 1,105,544 | $37,278,945 |
| 2025-03-31 | Bank of America Corporation | 0% | 1,096,727 | $36,981,635 |
