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

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 3,641 shares of ATI stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $197.48, for a total transaction of $719,024.68. Following the completion of the transaction, the chief executive officer directly owned 201,104 shares of the company’s stock, valued at approximately $39,714,017.92. This represents a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ATI Stock Up 0.9%

Shares of NYSE:ATI opened at $199.44 on Friday. The stock has a market capitalization of $27.22 billion, a price-to-earnings ratio of 66.04, a price-to-earnings-growth ratio of 1.70 and a beta of 0.96. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31. The company’s fifty day moving average is $171.43 and its two-hundred day moving average is $147.83. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67.

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

Hedge Funds Weigh In On ATI

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Meeder Asset Management Inc. increased its stake in ATI by 2.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock valued at $401,000 after buying an additional 74 shares during the period. Lido Advisors LLC lifted its stake in shares of ATI by 2.7% in 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. Signature Equity Partners LLC boosted its holdings in shares of ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 123 shares in the last quarter. Activest Wealth Management boosted its holdings in shares of ATI by 17.6% in the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after acquiring an additional 125 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of ATI by 2.0% during the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after acquiring an additional 140 shares during the period.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Weiss Ratings cut ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. KeyCorp upped their price objective on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. raised their target price on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $164.38.

About ATI

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.