Key Points
- ATI CEO Kimberly Fields sold 40,000 shares on July 7 at an average price of $182.91, totaling about $7.32 million. After the sale, she still held 157,321 shares, a reduction of about 20.27% in her position.
- ATI recently reported stronger-than-expected earnings, posting $1.00 EPS versus the $0.88 consensus estimate, though revenue of $1.15 billion came in slightly below forecasts. The company also raised guidance for Q2 2026 and full-year 2026.
- Analysts remain broadly positive on ATI, with several firms raising price targets and upgrades, including Susquehanna and KeyCorp. MarketBeat says the stock has an overall “Buy” rating with an average target price of $172.62.
ATI Inc. (NYSE:ATI - Get Free Report) CEO Kimberly Fields sold 40,000 shares of the business's stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the sale, the chief executive officer owned 157,321 shares in the company, valued at approximately $28,775,584.11. This trade represents a 20.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.
ATI Price Performance
Shares of ATI opened at $188.26 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. The firm's 50-day simple moving average is $178.24 and its two-hundred day simple moving average is $153.72. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $205.31. The stock has a market cap of $25.69 billion, a PE ratio of 62.34, a price-to-earnings-growth ratio of 1.59 and a beta of 0.96.
ATI (NYSE:ATI - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the company earned $0.72 EPS. The firm's revenue for the quarter was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Analysts anticipate that ATI Inc. will post 4.47 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of analysts have recently commented on the stock. Susquehanna lifted their price target on shares of ATI from $185.00 to $215.00 and gave the stock a "positive" rating in a research note on Thursday. Wall Street Zen raised ATI from a "hold" rating to a "buy" rating in a research note on Saturday, July 4th. Weiss Ratings cut shares of ATI from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, June 23rd. KeyCorp lifted their price target on shares of ATI from $175.00 to $211.00 and gave the company an "overweight" rating in a report on Tuesday, June 30th. Finally, Zacks Research upgraded shares of ATI from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $172.62.
Check Out Our Latest Analysis on ATI
Hedge Funds Weigh In On ATI
A number of hedge funds have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. grew its position in shares of ATI by 18.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 36,829 shares of the basic materials company's stock worth $7,259,000 after purchasing an additional 5,617 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in ATI in the 2nd quarter worth approximately $569,000. Assenagon Asset Management S.A. lifted its holdings in ATI by 12.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 657,117 shares of the basic materials company's stock worth $129,518,000 after purchasing an additional 73,087 shares in the last quarter. 55 North Private Wealth LLC bought a new position in ATI in the 2nd quarter worth approximately $236,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in ATI during the 2nd quarter valued at approximately $238,000.
About ATI
(
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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