ATI (NYSE:ATI) VP Sells $3,185,490.00 in Stock

ATI Inc. (NYSE:ATI) VP Timothy Harris sold 16,500 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $193.06, for a total transaction of $3,185,490.00. Following the completion of the sale, the vice president directly owned 97,187 shares in the company, valued at approximately $18,762,922.22. This represents a 14.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

ATI Stock Up 4.3%

ATI stock opened at $191.54 on Friday. The company has a market cap of $26.08 billion, a P/E ratio of 56.17, a price-to-earnings-growth ratio of 1.12 and a beta of 1.01. ATI Inc. has a 1-year low of $75.02 and a 1-year high of $243.57. The company has a fifty day simple moving average of $203.40 and a 200 day simple moving average of $179.56. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping 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 firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm posted $0.74 EPS. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Research analysts anticipate that ATI Inc. will post 5.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ATI

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Signature Equity Partners LLC lifted its position 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 buying an additional 123 shares during the last quarter. CoreCap Advisors LLC bought a new position in shares of ATI during the 2nd quarter worth approximately $30,000. Summit Securities Group LLC acquired a new position in shares of ATI during the 1st quarter worth approximately $60,000. Triumph Capital Management increased its holdings in shares of ATI by 22.4% during the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 58 shares during the last quarter. Finally, Hollencrest Capital Management raised its stake in ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after acquiring an additional 334 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $262.00 price target on shares of ATI in a research note on Monday, August 10th. KeyCorp upped their price objective on ATI from $211.00 to $258.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Susquehanna increased their price objective on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a report on Friday, August 7th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Finally, BTIG Research boosted their target price on shares of ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $232.00.

About ATI

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.

ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.

The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc’s specialty metals operations and adopted the name ATI Inc in 2021.