Kimberly Fields Sells 21,154 Shares of ATI (NYSE:ATI) Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 21,154 shares of ATI stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $82.03, for a total transaction of $1,735,262.62. Following the sale, the chief executive officer directly owned 223,821 shares in the company, valued at $18,360,036.63. The trade was a 8.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

ATI Stock Performance

Shares of ATI opened at $82.28 on Friday. The company has a 50-day simple moving average of $77.27 and a two-hundred day simple moving average of $74.02. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.52 and a quick ratio of 1.20. The firm has a market capitalization of $11.34 billion, a PE ratio of 28.57, a price-to-earnings-growth ratio of 1.15 and a beta of 1.29. ATI Inc. has a one year low of $39.23 and a one year high of $96.20.

ATI (NYSE:ATI) last announced its earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. ATI had a return on equity of 21.34% and a net margin of 9.26%.The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company earned $0.60 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. On average, analysts anticipate that ATI Inc. will post 2.89 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a report on Wednesday. Susquehanna cut their price target on ATI from $105.00 to $100.00 and set a “positive” rating for the company in a research note on Friday, August 1st. Zacks Research raised shares of ATI to a “hold” rating in a report on Tuesday, August 12th. BTIG Research reaffirmed a “buy” rating and set a $120.00 target price on shares of ATI in a report on Friday, September 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, ATI currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.86.

Institutional Trading of ATI

A number of large investors have recently made changes to their positions in the business. WPG Advisers LLC bought a new stake in shares of ATI in the 1st quarter valued at approximately $29,000. Golden State Wealth Management LLC lifted its position in ATI by 104.1% in the first quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company’s stock worth $31,000 after buying an additional 304 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in ATI by 79.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock worth $33,000 after buying an additional 171 shares during the period. Signaturefd LLC increased its position in ATI by 117.7% during the second quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 206 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of ATI by 139.9% in the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 386 shares during the period.

About ATI

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.