Key Points
- ATI VP Timothy Harris sold 16,500 shares at an average price of $210.01, generating $3.47 million. The transaction reduced his direct holdings by 11.25% to 130,187 shares.
- ATI reported quarterly EPS of $1.23, beating estimates of $1.03, while revenue rose 10.6% year over year to $1.26 billion. Management guided for third-quarter 2026 EPS of $1.31–$1.37 and full-year EPS of $4.90–$5.18.
- Analysts remain bullish, with the stock carrying an overall “Buy” rating and an average price target of $232.00; recent targets range as high as $270.
ATI Inc. (NYSE:ATI - Get Free Report) VP Timothy Harris sold 16,500 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $210.01, for a total value of $3,465,165.00. Following the transaction, the vice president directly owned 130,187 shares of the company's stock, valued at $27,340,571.87. The trade was a 11.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
ATI Stock Performance
NYSE ATI opened at $201.26 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The stock's 50 day simple moving average is $201.75 and its 200-day simple moving average is $176.07. The company has a market cap of $27.41 billion, a PE ratio of 59.02, a price-to-earnings-growth ratio of 1.22 and a beta of 1.01. ATI Inc. has a 1-year low of $74.45 and a 1-year high of $243.57.
ATI (NYSE:ATI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.22 billion. During the same period in the previous year, the business earned $0.74 earnings per share. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, equities research analysts anticipate that ATI Inc. will post 5.12 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Signature Equity Partners LLC boosted its position in shares of ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 123 shares during the last quarter. CoreCap Advisors LLC purchased a new position in ATI during the second quarter worth about $30,000. Summit Securities Group LLC purchased a new position in ATI during the first quarter worth about $60,000. Triumph Capital Management boosted its holdings in ATI by 22.4% in the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company's stock valued at $62,000 after purchasing an additional 58 shares during the last quarter. Finally, Hollencrest Capital Management grew its stake in shares of ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company's stock valued at $66,000 after buying an additional 334 shares during the period.
Analysts Set New Price Targets
Several research firms have recently weighed in on ATI. Weiss Ratings raised shares of ATI from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. KeyCorp upped their price objective on shares of ATI from $211.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. Zacks Research raised shares of ATI from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 25th. BTIG Research boosted their target price on ATI from $180.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Finally, TD Cowen upped their price target on ATI from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $232.00.
Get Our Latest Stock Report on ATI
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
