ATI (NYSE:ATI) Reaches New 52-Week High After Better-Than-Expected Earnings

ATI Inc. (NYSE:ATI) hit a new 52-week high during trading on Tuesday following a stronger than expected earnings report. The stock traded as high as $137.00 and last traded at $126.8580, with a volume of 330105 shares changing hands. The stock had previously closed at $121.77.

The basic materials company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. ATI had a net margin of 9.71% and a return on equity of 23.34%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the firm posted $0.79 earnings per share. The business’s revenue for the quarter was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS.

Key Headlines Impacting ATI

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Q4 EPS beat and aerospace demand drove results — ATI reported adjusted EPS of $0.93 versus consensus $0.89, and company commentary pointed to stronger aerospace & defense demand supporting margins. ATI shares rise over 4% as aerospace demand drives earnings beat
• Positive Sentiment: Full‑year 2026 guidance raised above Street — ATI set FY2026 adjusted EPS guidance of $3.99–$4.27, ahead of the prior consensus (~$3.91), and gave adjusted EBITDA and free‑cash‑flow targets that were constructive for longer‑term cash generation. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Strong cash flow and margin metrics — Q4 adjusted EBITDA margin (~19.7%), fiscal‑year operating cash flow of $614M and improved adjusted free cash flow were highlighted by management and support valuation upside given capital returns and reinvestment optionality. ATI Earnings and Call Materials
• Neutral Sentiment: Revenue was essentially flat and in line with estimates — Q4 sales of ~$1.18B were roughly flat year‑over‑year (+0.4%) and matched analyst expectations, so upside was driven more by margin mix than top‑line acceleration. ATI (ATI) Tops Q4 Earnings Estimates
• Neutral Sentiment: Q1 2026 guidance mixed — ATI provided Q1 EPS guidance of $0.83–$0.89 (consensus ~$0.86), a range that overlaps estimates and leaves near‑term quarters dependent on continued aerospace strength. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Negative Sentiment: High concentration in aerospace & defense raises exposure risk — aerospace & defense represented ~68% of Q4 sales; while currently a tailwind, this concentration increases sensitivity to aerospace cycle volatility. ATI Announces Fourth Quarter and Fiscal Year 2025 Results

Analysts Set New Price Targets

Several brokerages have recently issued reports on ATI. Deutsche Bank Aktiengesellschaft set a $98.00 price objective on ATI in a research note on Wednesday, October 8th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. Susquehanna reiterated a “positive” rating and issued a $145.00 price objective on shares of ATI in a research note on Thursday, January 15th. JPMorgan Chase & Co. boosted their price objective on ATI from $118.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Finally, KeyCorp raised their target price on shares of ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, ATI presently has an average rating of “Moderate Buy” and an average price target of $117.75.

Insider Transactions at ATI

In related news, VP Timothy J. Harris sold 10,542 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the completion of the sale, the vice president owned 98,310 shares in the company, valued at $9,622,582.80. The trade was a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Robert S. Wetherbee sold 53,862 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the completion of the transaction, the chairman owned 132,676 shares in the company, valued at $14,525,368.48. This represents a 28.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 148,087 shares of company stock valued at $15,131,989. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On ATI

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Asset Management One Co. Ltd. acquired a new position in ATI in the 3rd quarter valued at $3,664,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of ATI by 27.4% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 39,682 shares of the basic materials company’s stock worth $3,228,000 after acquiring an additional 8,532 shares during the period. Schroder Investment Management Group boosted its holdings in shares of ATI by 21.3% in the second quarter. Schroder Investment Management Group now owns 532,837 shares of the basic materials company’s stock valued at $46,005,000 after acquiring an additional 93,620 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of ATI during the third quarter worth about $481,000. Finally, Federated Hermes Inc. increased its stake in shares of ATI by 9.7% during the third quarter. Federated Hermes Inc. now owns 491,849 shares of the basic materials company’s stock worth $40,007,000 after acquiring an additional 43,364 shares during the period.

ATI Stock Up 5.1%

The company has a quick ratio of 1.18, a current ratio of 2.50 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $17.38 billion, a PE ratio of 41.40, a PEG ratio of 1.17 and a beta of 1.02. The firm’s fifty day moving average is $114.72 and its 200-day moving average is $95.08.

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.