ArcelorMittal (MT) – Research Analysts’ Recent Ratings Changes

ArcelorMittal (NYSE: MT) has recently received a number of price target changes and ratings updates:

• 5/4/2026 – ArcelorMittal was upgraded by Weiss Ratings from “hold (c)” to “buy (b-)”.
• 5/1/2026 – ArcelorMittal had its price target raised by Wells Fargo & Company from $60.00 to $61.00. They now have an “equal weight” rating on the stock.
• 4/21/2026 – ArcelorMittal was downgraded by Santander from “outperform” to “neutral”.
• 4/20/2026 – ArcelorMittal had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 4/15/2026 – ArcelorMittal had its “positive” rating reaffirmed by Wells Fargo & Company. They now have a $60.00 price target on the stock, up from $54.00.
• 3/25/2026 – ArcelorMittal is now covered by KeyCorp. They set a “sector weight” rating on the stock.
• 3/9/2026 – ArcelorMittal was downgraded by JPMorgan Chase & Co. from “overweight” to “underweight”.

ArcelorMittal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Friday, November 13th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, November 13th. ArcelorMittal’s dividend payout ratio is currently 13.39%.

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.