Kimberly Fields Sells 59,749 Shares of ATI (NYSE:ATI) Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 59,749 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the transaction, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. This represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

ATI Stock Down 2.0%

ATI stock opened at $177.57 on Friday. The firm has a market capitalization of $24.23 billion, a PE ratio of 58.80, a P/E/G ratio of 1.56 and a beta of 0.96. The company’s 50-day moving average is $158.86 and its 200-day moving average is $138.01. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $183.30. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17.

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

ATI declared that its board has authorized a stock repurchase program on Thursday, February 19th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Institutional Trading of ATI

A number of institutional investors have recently bought and sold shares of ATI. Meeder Asset Management Inc. lifted its holdings in shares of ATI by 2.8% during the 1st 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 period. Lido Advisors LLC lifted its holdings in shares of ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after acquiring an additional 101 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of ATI by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after acquiring an additional 118 shares during the period. Signature Equity Partners LLC lifted its holdings in shares of ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 123 shares during the period. Finally, Activest Wealth Management lifted its holdings 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 acquiring an additional 125 shares during the period.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Susquehanna upped their price target on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. Zacks Research lowered shares of ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Wells Fargo & Company assumed coverage on shares of ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target on the stock. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $164.38.

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.