Key Points
- ATI CEO Kimberly Fields sold 40,000 shares on May 11 at an average price of $159.21, for total proceeds of $6.37 million. After the sale, she still owned 277,763 shares valued at about $44.2 million.
- ATI’s latest earnings beat EPS expectations, reporting $1.00 per share versus the $0.88 consensus, though quarterly revenue of $1.15 billion came in slightly below estimates. The company also issued Q2 and full-year 2026 guidance above current analyst EPS expectations.
- Wall Street remains broadly positive on ATI, with a consensus rating of “Buy” and an average price target of $164.38. The company has also authorized a $500 million share repurchase program, signaling confidence in its valuation.
ATI Inc. (NYSE:ATI - Get Free Report) CEO Kimberly Fields sold 40,000 shares of the firm's stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $159.21, for a total transaction of $6,368,400.00. Following the completion of the transaction, the chief executive officer directly owned 277,763 shares in the company, valued at $44,222,647.23. This trade represents a 12.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
ATI Stock Down 0.0%
Shares of NYSE ATI opened at $161.09 on Wednesday. The firm has a market capitalization of $21.98 billion, a PE ratio of 53.34, a price-to-earnings-growth ratio of 1.39 and a beta of 0.94. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. ATI Inc. has a 1 year low of $70.42 and a 1 year high of $171.11. The firm's 50-day moving average is $153.45 and its 200-day moving average is $129.47.
ATI (NYSE:ATI - Get Free Report) last issued its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The company's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the firm 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. Equities analysts expect that ATI Inc. will post 4.43 EPS for the current year.
ATI declared that its board has authorized a stock repurchase program on Thursday, February 19th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the basic materials company to reacquire up to 2.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Zacks Research lowered shares of ATI from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 7th. Susquehanna lifted their price objective on shares of ATI from $155.00 to $185.00 and gave the stock a "positive" rating in a research note on Friday, April 10th. KeyCorp lifted their price objective 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. BTIG Research lifted their price objective on shares of ATI from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Finally, Alembic Global Advisors assumed coverage on shares of ATI in a research note on Thursday, January 15th. They set an "overweight" rating and a $141.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, ATI presently has a consensus rating of "Buy" and an average price target of $164.38.
Get Our Latest Research Report on ATI
Institutional Trading of ATI
Several hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. raised its holdings in ATI by 1,714.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 831,736 shares of the basic materials company's stock worth $120,984,000 after buying an additional 785,885 shares during the period. HORAN Wealth LLC acquired a new stake in ATI during the 1st quarter worth approximately $204,000. Wilkerson Advisory Group LLC acquired a new stake in ATI during the 1st quarter worth approximately $214,000. Hollencrest Capital Management raised its holdings in ATI by 283.1% during the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company's stock worth $66,000 after buying an additional 334 shares during the period. Finally, Meeder Asset Management Inc. raised its holdings in ATI by 2.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company's stock worth $401,000 after buying an additional 74 shares during the period.
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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