Key Points
- Tina Killough Busch, ATI SVP, sold 2,598 shares on Nov. 21 at an average of $93.26 for about $242,289, cutting her stake to 21,274 shares (a 10.88% reduction).
- ATI last reported quarterly EPS of $0.85 (beating estimates by $0.10) and set FY2025 guidance of 3.150–3.21 EPS with Q4 guidance of 0.840–0.90 EPS.
- Analyst sentiment is bullish — the consensus rating is a Moderate Buy with a $103 average price target after several upgrades and raised price objectives.
ATI Inc. (NYSE:ATI - Get Free Report) SVP Tina Killough Busch sold 2,598 shares of the firm's stock in a transaction on Friday, November 21st. The stock was sold at an average price of $93.26, for a total value of $242,289.48. Following the completion of the transaction, the senior vice president owned 21,274 shares of the company's stock, valued at $1,984,013.24. This trade represents a 10.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
ATI Stock Up 1.7%
ATI stock opened at $99.30 on Wednesday. The business's 50-day simple moving average is $89.00 and its two-hundred day simple moving average is $83.88. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.20 and a current ratio of 2.50. The company has a market cap of $13.49 billion, a PE ratio of 32.14, a PEG ratio of 1.47 and a beta of 1.32. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $103.64.
ATI (NYSE:ATI - Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.10. The firm had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.13 billion. ATI had a return on equity of 23.34% and a net margin of 9.71%.The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. Equities analysts anticipate that ATI Inc. will post 2.89 EPS for the current year.
Institutional Investors Weigh In On ATI
Several hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio raised its stake in shares of ATI by 14.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 44,195 shares of the basic materials company's stock worth $3,816,000 after buying an additional 5,466 shares during the period. Intech Investment Management LLC raised its position in ATI by 104.3% during the first quarter. Intech Investment Management LLC now owns 58,458 shares of the basic materials company's stock worth $3,042,000 after acquiring an additional 29,838 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in ATI by 79.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company's stock worth $33,000 after acquiring an additional 171 shares during the period. Quarry LP lifted its holdings in ATI by 216.6% during the first quarter. Quarry LP now owns 1,770 shares of the basic materials company's stock valued at $92,000 after purchasing an additional 1,211 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of ATI by 10.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 658,195 shares of the basic materials company's stock valued at $34,246,000 after purchasing an additional 61,021 shares during the period.
Wall Street Analyst Weigh In
Several analysts have commented on ATI shares. Barclays lifted their price objective on shares of ATI from $75.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. KeyCorp upgraded shares of ATI from a "sector weight" rating to an "overweight" rating and set a $120.00 target price for the company in a research report on Thursday, November 13th. Zacks Research raised ATI to a "hold" rating in a research report on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft set a $98.00 target price on ATI in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lifted their price target on ATI from $75.00 to $92.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $103.00.
Get Our Latest Analysis on ATI
ATI Company Profile
(
Get Free Report)
ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.
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