--- title: "Encompass Capital Advisors LLC Buys 1,392,806 Shares of Almonty Industries Inc. $ALM" type: "News" locale: "en" url: "https://longbridge.com/en/news/294028745.md" description: "Encompass Capital Advisors LLC increased its stake in Almonty Industries (NASDAQ:ALM) by 47.9% in Q1, acquiring 1,392,806 shares to hold a total of 4,300,839 shares valued at $62.28 million. Other investors like Rockefeller Capital Management also adjusted positions. Almonty recently reported quarterly earnings meeting estimates with $18.52 million revenue. Analyst ratings include upgrades from Texas Capital and Oppenheimer, with a consensus 'Moderate Buy' rating and a target price of $21.88." datetime: "2026-07-28T07:53:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294028745.md) - [en](https://longbridge.com/en/news/294028745.md) - [zh-HK](https://longbridge.com/zh-HK/news/294028745.md) generator: "portal-rs" --- # Encompass Capital Advisors LLC Buys 1,392,806 Shares of Almonty Industries Inc. $ALM Encompass Capital Advisors LLC lifted its stake in shares of Almonty Industries Inc. (NASDAQ:ALM - Free Report) by 47.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,300,839 shares of the company's stock after buying an additional 1,392,806 shares during the quarter. Almonty Industries makes up approximately 1.9% of Encompass Capital Advisors LLC's portfolio, making the stock its 9th biggest position. Encompass Capital Advisors LLC owned 1.52% of Almonty Industries worth $62,276,000 at the end of the most recent reporting period. Get **Almonty Industries** alerts: - The Speed of Light: 5 Stocks Powering AI’s Optical Future A number of other large investors have also recently made changes to their positions in ALM. Leonteq Securities AG acquired a new stake in Almonty Industries in the first quarter valued at approximately $29,000. Global Retirement Partners LLC acquired a new position in Almonty Industries during the 4th quarter worth approximately $35,000. Rockefeller Capital Management L.P. grew its holdings in Almonty Industries by 30.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,333 shares of the company's stock worth $38,000 after acquiring an additional 1,000 shares in the last quarter. State of Wyoming acquired a new position in Almonty Industries during the 4th quarter worth approximately $41,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Almonty Industries in the 3rd quarter valued at approximately $54,000. ## Almonty Industries Price Performance Shares of NASDAQ ALM opened at $13.35 on Tuesday. The company has a current ratio of 2.45, a quick ratio of 2.37 and a debt-to-equity ratio of 0.30. Almonty Industries Inc. has a twelve month low of $3.16 and a twelve month high of $24.41. The stock has a 50 day moving average of $16.85 and a two-hundred day moving average of $16.50. The stock has a market cap of $3.85 billion and a P/E ratio of -26.70. - 5 Under-the-Radar AI Stocks to Watch in June Almonty Industries (NASDAQ:ALM - Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. The business had revenue of $18.52 million during the quarter, compared to the consensus estimate of $15.44 million. Almonty Industries had a negative return on equity of 11.01% and a negative net margin of 262.29%. On average, research analysts forecast that Almonty Industries Inc. will post 0.46 earnings per share for the current year. ## Analyst Ratings Changes A number of brokerages have recently weighed in on ALM. Texas Capital upgraded shares of Almonty Industries to a "strong-buy" rating in a report on Thursday, April 16th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Almonty Industries in a research note on Thursday, June 18th. Oppenheimer increased their target price on Almonty Industries from $22.00 to $25.00 and gave the company an "outperform" rating in a report on Wednesday, June 3rd. Finally, DA Davidson raised their price target on Almonty Industries from $25.00 to $33.00 and gave the company a "buy" rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $21.88. - Aeluma's Post-Earnings Dip Creates a Buying Opportunity **View Our Latest Report on Almonty Industries** ## Almonty Industries Company Profile (Free Report) Almonty Industries is a Canada-based mining company focused on the production, development and acquisition of tungsten assets. The company’s principal business activity is the mining and processing of tungsten-bearing ore to produce tungsten concentrates for industrial customers. Almonty pursues both operating mines and advanced-stage development projects with the objective of supplying a critical raw material used in hardmetals, tooling, drilling and other industrial applications. Almonty’s asset footprint has historically included operating and development projects in Europe and Asia. ## Featured Articles - Five stocks we like better than Almonty Industries - AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next - Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now - Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? - Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Almonty Industries Right Now? Before you consider Almonty Industries, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Almonty Industries wasn't on the list. While Almonty Industries currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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