Key Points
- ATI Vice President Timothy Harris sold 16,500 shares at an average price of $193.06, generating $3.19 million and reducing his direct ownership by 14.51% to 97,187 shares.
- ATI reported quarterly EPS of $1.23, beating estimates by $0.20, while revenue rose 10.6% year over year to $1.26 billion. The company issued 2026 EPS guidance of $4.90–$5.18.
- Wall Street remains bullish: ATI has a consensus “Buy” rating and a $232 target price, with recent analyst targets ranging from $210 to $275.
ATI Inc. (NYSE:ATI - Get Free Report) VP Timothy Harris sold 16,500 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $193.06, for a total value of $3,185,490.00. Following the completion of the sale, the vice president directly owned 97,187 shares in the company, valued at approximately $18,762,922.22. The trade was a 14.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
ATI Stock Performance
Shares of ATI stock opened at $189.94 on Thursday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. The firm has a market capitalization of $25.86 billion, a price-to-earnings ratio of 55.70, a price-to-earnings-growth ratio of 1.13 and a beta of 1.01. ATI Inc. has a one year low of $75.02 and a one year high of $243.57. The company has a 50 day moving average price of $203.41 and a 200 day moving average price of $179.33.
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. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company's quarterly revenue was up 10.6% compared to the same quarter last year. During the same period last year, the business posted $0.74 EPS. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Sell-side analysts anticipate that ATI Inc. will post 5.11 EPS for the current year.
Institutional Investors Weigh In On ATI
Institutional investors have recently modified their holdings of the business. Precision Wealth Strategies LLC purchased a new stake in ATI during the first quarter valued at about $1,009,000. Bank of Nova Scotia grew its position in ATI by 92.9% during the 1st quarter. Bank of Nova Scotia now owns 467,149 shares of the basic materials company's stock worth $67,951,000 after acquiring an additional 224,949 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in ATI during the 2nd quarter worth approximately $129,773,000. Northwestern Mutual Wealth Management Co. increased its stake in ATI by 456.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,617 shares of the basic materials company's stock worth $14,875,000 after purchasing an additional 106,343 shares during the period. Finally, Illinois Municipal Retirement Fund bought a new stake in ATI in the first quarter valued at approximately $1,106,000.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on ATI. Susquehanna raised their target price on ATI from $215.00 to $265.00 and gave the company a "positive" rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $262.00 price target on shares of ATI in a report on Monday, August 10th. TD Cowen raised their price objective on ATI from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Monday, July 13th. KeyCorp lifted their price objective on ATI from $211.00 to $258.00 and gave the stock an "overweight" rating in a report on Wednesday, August 12th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and issued a $275.00 target price on shares of ATI in a research report on Monday, August 10th. One research 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 has a consensus rating of "Buy" and a consensus target price of $232.00.
Get Our Latest Research Report on ATI
About ATI
(
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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