ATI (NYSE:ATI) CEO Kimberly Fields Sells 24,845 Shares

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 24,845 shares of ATI stock in a transaction on Monday, August 17th. The shares were sold at an average price of $231.19, for a total value of $5,743,915.55. Following the completion of the transaction, the chief executive officer owned 100,719 shares in the company, valued at $23,285,225.61. The trade was a 19.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

ATI Stock Performance

Shares of NYSE:ATI opened at $215.45 on Thursday. The firm has a market capitalization of $29.34 billion, a PE ratio of 63.18, a P/E/G ratio of 1.37 and a beta of 0.98. 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 business has a 50-day moving average of $199.80 and a two-hundred day moving average of $170.61. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $243.57.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating 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 business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $0.74 EPS. The company’s revenue was up 10.6% compared to the same quarter last year. 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, research analysts forecast that ATI Inc. will post 5.15 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on ATI. Susquehanna boosted their price objective on shares of ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Wells Fargo & Company restated an “overweight” rating and set a $275.00 target price on shares of ATI in a report on Monday, August 10th. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Finally, TD Cowen increased their price target on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a 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. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $232.00.

Institutional Investors Weigh In On ATI

A number of institutional investors have recently modified their holdings of the business. Meeder Asset Management Inc. lifted its holdings in ATI by 2.8% in the first quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock worth $401,000 after acquiring an additional 74 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of ATI by 2.7% during the third quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 101 shares during the last quarter. Signature Equity Partners LLC grew its holdings in shares of ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares during the last quarter. Activest Wealth Management raised its position in shares of ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after purchasing an additional 125 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after purchasing an additional 140 shares during the period.

ATI Company Profile

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.