Key Points
- ATI VP Timothy Harris sold 16,500 shares at an average price of $207.54, totaling approximately $3.42 million and reducing his direct ownership by 12.67%.
- ATI reported quarterly EPS of $1.23, beating estimates of $1.03, while revenue rose 10.6% year over year to $1.26 billion. The company provided full-year 2026 EPS guidance of $4.90–$5.18.
- Analysts maintain a favorable outlook, with ATI receiving a consensus “Buy” rating and an average price target of $232, while several firms recently raised their targets.
ATI Inc. (NYSE:ATI - Get Free Report) VP Timothy Harris sold 16,500 shares of the company's stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $207.54, for a total transaction of $3,424,410.00. Following the transaction, the vice president directly owned 113,687 shares in the company, valued at approximately $23,594,599.98. This trade represents a 12.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
ATI Stock Performance
Shares of ATI opened at $199.10 on Friday. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. ATI Inc. has a 52-week low of $75.02 and a 52-week high of $243.57. The company has a 50-day simple moving average of $203.12 and a 200-day simple moving average of $178.49. The company has a market capitalization of $27.11 billion, a PE ratio of 58.39, a P/E/G ratio of 1.26 and a beta of 1.01.
ATI (NYSE:ATI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm earned $0.74 earnings per share. The firm's revenue 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. Equities research analysts predict that ATI Inc. will post 5.11 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
ATI has been the topic of several research analyst reports. Susquehanna boosted their price target on ATI from $215.00 to $265.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. Zacks Research raised ATI from a "hold" rating to a "strong-buy" rating in a report 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 research report on Friday, August 7th. Wall Street Zen raised ATI from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Finally, KeyCorp raised their price target on ATI from $211.00 to $258.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company's stock. According to data from MarketBeat, ATI currently has a consensus rating of "Buy" and an average price target of $232.00.
Read Our Latest Report on ATI
Institutional Trading of ATI
Several institutional investors and hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC increased its stake in shares of ATI by 485.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 33,554 shares of the basic materials company's stock worth $6,613,000 after purchasing an additional 27,826 shares in the last quarter. Arlington Capital Management Inc. acquired a new position in shares of ATI during the 2nd quarter worth approximately $239,000. WINTON GROUP Ltd lifted its stake in ATI by 50.5% in the 2nd quarter. WINTON GROUP Ltd now owns 13,394 shares of the basic materials company's stock valued at $2,640,000 after buying an additional 4,494 shares in the last quarter. Engineers Gate Manager LP lifted its stake in ATI by 26.3% in the 2nd quarter. Engineers Gate Manager LP now owns 87,049 shares of the basic materials company's stock valued at $17,157,000 after buying an additional 18,104 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in ATI by 7.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,890 shares of the basic materials company's stock valued at $1,161,000 after buying an additional 425 shares during the last quarter.
ATI Company Profile
(
Get Free Report)
ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.
ATI's products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.
The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc's specialty metals operations and adopted the name ATI Inc in 2021.
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