ATI (NYSE:ATI) Releases Earnings Results, Beats Estimates By $0.04 EPS

ATI (NYSE:ATI) announced its quarterly earnings results on Tuesday. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04, FiscalAI reports. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. ATI had a return on equity of 23.34% and a net margin of 9.71%. ATI updated its FY 2026 guidance to 3.990-4.270 EPS and its Q1 2026 guidance to 0.830-0.890 EPS.

ATI Stock Up 0.9%

Shares of ATI opened at $121.41 on Tuesday. The company has a market capitalization of $16.50 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 1.16 and a beta of 1.02. ATI has a 52 week low of $39.23 and a 52 week high of $127.11. The stock’s 50-day moving average price is $114.14 and its 200-day moving average price is $94.84. The company has a quick ratio of 1.18, a current ratio of 2.50 and a debt-to-equity ratio of 0.94.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft set a $98.00 target price on shares of ATI in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on shares of ATI from $118.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. BTIG Research reaffirmed a “buy” rating and issued a $120.00 price target on shares of ATI in a report on Wednesday, October 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. Finally, KeyCorp raised their target price on ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.75.

Insider Buying and Selling at ATI

In related news, SVP Tina Killough Busch sold 2,598 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $93.26, for a total value of $242,289.48. Following the completion of the transaction, the senior vice president directly owned 21,274 shares in the company, valued at $1,984,013.24. The trade was a 10.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Robert S. Wetherbee sold 60,000 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $98.34, for a total transaction of $5,900,400.00. Following the sale, the chairman directly owned 246,538 shares in the company, valued at $24,244,546.92. This trade represents a 19.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 148,087 shares of company stock valued at $15,131,989. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Royal Bank of Canada grew its position in shares of ATI by 8.1% during the 1st quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company’s stock valued at $3,140,000 after acquiring an additional 4,542 shares during the period. Goldman Sachs Group Inc. boosted its position in ATI by 49.4% during the first quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock worth $32,984,000 after purchasing an additional 209,480 shares in the last quarter. Cetera Investment Advisers acquired a new stake in ATI in the second quarter valued at approximately $324,000. M&T Bank Corp purchased a new stake in shares of ATI in the second quarter valued at approximately $317,000. Finally, First Trust Advisors LP raised its stake in shares of ATI by 4.9% during the 2nd quarter. First Trust Advisors LP now owns 197,214 shares of the basic materials company’s stock worth $17,028,000 after buying an additional 9,234 shares during the period.

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.