KeyCorp Comments on ATI’s FY2026 Earnings (NYSE:ATI)

ATI Inc. (NYSE:ATI) – Equities research analysts at KeyCorp issued their FY2026 earnings per share estimates for ATI in a research report issued on Monday, June 29th. KeyCorp analyst P. Gibbs anticipates that the basic materials company will post earnings of $4.50 per share for the year. KeyCorp currently has a “Overweight” rating and a $211.00 price target on the stock. The consensus estimate for ATI’s current full-year earnings is $4.43 per share. KeyCorp also issued estimates for ATI’s FY2027 earnings at $5.40 EPS.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm’s revenue 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.

Several other brokerages have also issued reports on ATI. BTIG Research increased their target price on shares of ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. lifted 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $194.00 price objective on shares of ATI in a report on Friday, May 1st. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Wells Fargo & Company started coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, ATI has a consensus rating of “Buy” and a consensus target price of $168.88.

ATI Price Performance

ATI stock opened at $192.10 on Thursday. The stock has a market capitalization of $26.22 billion, a price-to-earnings ratio of 63.61, a PEG ratio of 1.70 and a beta of 0.96. ATI has a 52-week low of $70.42 and a 52-week high of $205.31. The stock’s 50 day moving average price is $174.26 and its two-hundred day moving average price is $150.43. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total value of $10,699,253.43. Following the transaction, the chief executive officer directly owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 120,442 shares of company stock worth $21,219,431 in the last 90 days. Corporate insiders own 0.98% of the company’s stock.

Institutional Investors Weigh In On ATI

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Signature Equity Partners LLC raised its holdings in shares of ATI by 208.5% in 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 last quarter. True Wealth Design LLC boosted its stake in ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 225 shares during the last quarter. Summit Securities Group LLC bought a new stake in ATI during the 1st quarter worth approximately $60,000. Hollencrest Capital Management increased its holdings in ATI by 283.1% during the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 334 shares in the last quarter. Finally, Torren Management LLC purchased a new stake in shares of ATI in the fourth quarter worth approximately $52,000.

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.