Kimberly Fields Sells 3,641 Shares of ATI (NYSE:ATI) Stock

ATI Inc. (NYSE:ATI – Get Free Report) CEO Kimberly Fields sold 3,641 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $197.48, for a total value of $719,024.68. Following the completion of the sale, the chief executive officer directly owned 201,104 shares of the company’s stock, valued at $39,714,017.92. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

ATI Price Performance

Shares of ATI stock traded down $2.38 during trading on Wednesday, reaching $197.22. The company’s stock had a trading volume of 1,873,267 shares, compared to its average volume of 1,947,572. The business has a 50 day moving average price of $170.04 and a 200-day moving average price of $146.45. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $205.31. The company has a market capitalization of $26.91 billion, a P/E ratio of 65.30, a price-to-earnings-growth ratio of 1.76 and a beta of 0.96. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95.

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ATI (NYSE:ATI – Get Free Report) last released its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, sell-side analysts anticipate that ATI Inc. will post 4.43 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on ATI. KeyCorp boosted their price objective on shares of ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Susquehanna boosted their price target on ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, April 10th. BTIG Research upped their price target on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Wells Fargo & Company began coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $164.38.

Check Out Our Latest Stock Analysis on ATI

Hedge Funds Weigh In On ATI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in shares of ATI in the fourth quarter valued at about $198,787,000. Capital World Investors increased its stake in shares of ATI by 15.8% during the 3rd quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after purchasing an additional 1,080,201 shares in the last quarter. SG Americas Securities LLC raised its position in shares of ATI by 1,471.8% during the 1st quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock worth $156,423,000 after purchasing an additional 1,006,951 shares during the last quarter. Holocene Advisors LP lifted its stake in ATI by 153.7% in the 3rd quarter. Holocene Advisors LP now owns 1,534,114 shares of the basic materials company’s stock valued at $124,785,000 after buying an additional 929,333 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in ATI by 684.9% during the 4th quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock valued at $117,037,000 after buying an additional 889,912 shares during the last quarter.

About ATI

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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.

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