ATI (NYSE:ATI) CEO Sells $5,743,915.55 in Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 24,845 shares of the company’s 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 sale, the chief executive officer owned 100,719 shares in the company, valued at $23,285,225.61. This trade represents a 19.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

ATI Stock Performance

ATI stock opened at $206.84 on Friday. The firm has a market capitalization of $28.17 billion, a P/E ratio of 60.66, a P/E/G ratio of 1.26 and a beta of 0.98. The stock has a fifty day moving average price of $200.19 and a two-hundred day moving average price of $171.49. ATI Inc. has a 52-week low of $71.94 and a 52-week high of $243.57. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company 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 company earned $0.74 EPS. The firm’s revenue for the quarter 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, analysts anticipate that ATI Inc. will post 5.15 EPS for the current fiscal year.

Hedge Funds Weigh In On ATI

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of ATI in the second quarter valued at approximately $3,687,529,000. State Street Corp lifted its holdings in ATI by 7.4% during the 3rd quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after buying an additional 415,479 shares in the last quarter. Capital Research Global Investors boosted its position in ATI by 12.0% in the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock valued at $414,481,000 after buying an additional 386,754 shares during the last quarter. Invesco Ltd. increased its stake in shares of ATI by 7.4% in the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock valued at $388,454,000 after buying an additional 233,010 shares during the period. Finally, Bank of America Corp DE bought a new stake in shares of ATI during the second quarter worth $348,285,000.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ATI shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 price objective on shares of ATI in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $262.00 target price on shares of ATI in a report on Monday, August 10th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Susquehanna raised their price target on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a report on Friday, August 7th. Finally, Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $232.00.

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.