Key Points
- Director David Morehouse sold 6,609 shares of ATI on March 9 at an average of $154.25 for about $1.02M, cutting his stake by 14.76% to 38,168 shares; the sale was disclosed in an SEC filing.
- ATI beat quarterly EPS expectations ($0.93 vs. $0.89) on roughly flat revenue of $1.18B and issued FY2026 guidance of 3.990–4.270 EPS with Q1 guidance of 0.830–0.890.
- The Board authorized a $500 million share repurchase (up to 2.5% of shares); the stock recently traded near $149.44, sits in a 52‑week range of $39.23–$168.14, and carries a consensus analyst rating of "Buy" (average target ~$133).
ATI Inc. (NYSE:ATI - Get Free Report) Director David Morehouse sold 6,609 shares of ATI stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the sale, the director directly owned 38,168 shares in the company, valued at approximately $5,887,414. This represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
ATI Stock Performance
NYSE ATI traded down $8.03 during trading on Thursday, reaching $149.44. 90,160 shares of the company's stock were exchanged, compared to its average volume of 1,999,495. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $168.14. The stock has a market capitalization of $20.46 billion, a P/E ratio of 52.08, a PEG ratio of 1.57 and a beta of 0.95. The business has a 50 day moving average price of $136.83 and a 200-day moving average price of $107.68. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27.
ATI (NYSE:ATI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the firm posted $0.79 EPS. The business's revenue for the quarter was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Sell-side analysts forecast that ATI Inc. will post 2.89 earnings per share for the current fiscal year.
ATI announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 19th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.
Analyst Upgrades and Downgrades
ATI has been the subject of several research analyst reports. Weiss Ratings reissued a "buy (b-)" rating on shares of ATI in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $150.00 price target on shares of ATI in a research note on Wednesday, February 4th. KeyCorp raised their price objective on shares of ATI from $120.00 to $132.00 and gave the company an "overweight" rating in a report on Wednesday, January 14th. Zacks Research raised shares of ATI from a "hold" rating to a "strong-buy" rating in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. raised their price target on shares of ATI from $135.00 to $150.00 and gave the company an "overweight" rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $133.00.
View Our Latest Report on ATI
Institutional Investors Weigh In On ATI
Several institutional investors and hedge funds have recently made changes to their positions in ATI. True Wealth Design LLC increased its holdings in ATI by 642.9% in the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company's stock worth $30,000 after purchasing an additional 225 shares in the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company's stock worth $34,000 after buying an additional 402 shares in the last quarter. Prestige Wealth Management Group LLC acquired a new stake in shares of ATI during the 3rd quarter worth approximately $34,000. Allworth Financial LP raised its holdings in shares of ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 180 shares during the period. Finally, Torren Management LLC bought a new position in shares of ATI during the 4th quarter worth about $52,000.
ATI Company Profile
(
Get Free Report)
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.
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