ATI (NYSE:ATI) CEO Kimberly Fields Sells 3,783 Shares

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 3,783 shares of the business’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total transaction of $746,045.43. Following the completion of the transaction, the chief executive officer owned 197,321 shares of the company’s stock, valued at approximately $38,913,674.41. This trade represents a 1.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

ATI Stock Down 1.2%

Shares of NYSE ATI traded down $2.38 during mid-day trading on Wednesday, hitting $197.22. The company had a trading volume of 1,873,267 shares, compared to its average volume of 1,947,572. The company has a market capitalization of $26.91 billion, a PE ratio of 65.30, a price-to-earnings-growth ratio of 1.76 and a beta of 0.96. The business’s 50-day simple moving average is $170.04 and its 200 day simple moving average is $146.45. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.72 EPS. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, analysts predict that ATI Inc. will post 4.43 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Weiss Ratings cut shares of ATI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Susquehanna increased their price objective on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, April 10th. JPMorgan Chase & Co. lifted their price objective on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. KeyCorp boosted their target price on shares of ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company started coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $164.38.

Institutional Trading of ATI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATI. PVG Asset Management Corp purchased a new stake in shares of ATI during the 1st quarter worth approximately $1,524,000. Empowered Funds LLC raised its stake in ATI by 304.6% during the 1st quarter. Empowered Funds LLC now owns 55,970 shares of the basic materials company’s stock worth $8,141,000 after acquiring an additional 42,136 shares in the last quarter. DV Trading LLC raised its stake in ATI by 100.0% during the 1st quarter. DV Trading LLC now owns 1,600 shares of the basic materials company’s stock worth $233,000 after acquiring an additional 800 shares in the last quarter. NewEdge Advisors LLC lifted its position in ATI by 3,869.0% in the first quarter. NewEdge Advisors LLC now owns 3,969 shares of the basic materials company’s stock valued at $577,000 after acquiring an additional 3,869 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new position in ATI in the first quarter valued at $178,000.

ATI Company Profile

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.