ATI Inc. (NYSE:ATI) Short Interest Update

ATI Inc. (NYSE:ATI) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 2,843,419 shares, an increase of 24.0% from the January 15th total of 2,293,827 shares. Based on an average daily trading volume, of 1,542,602 shares, the short-interest ratio is presently 1.8 days. Approximately 2.1% of the shares of the stock are short sold. Approximately 2.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,542,602 shares, the short-interest ratio is presently 1.8 days.

ATI Trading Up 0.6%

Shares of ATI stock traded up $0.85 during trading on Wednesday, hitting $147.60. 599,895 shares of the company were exchanged, compared to its average volume of 1,857,662. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. The firm has a market capitalization of $20.05 billion, a P/E ratio of 51.93, a price-to-earnings-growth ratio of 1.45 and a beta of 1.02. The firm’s fifty day moving average price is $122.27 and its 200 day moving average price is $98.39. ATI has a 1-year low of $39.23 and a 1-year high of $149.08.

ATI (NYSE:ATI) last issued its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. ATI had a net margin of 8.81% and a return on equity of 24.26%. The business’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, sell-side analysts expect that ATI will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. KeyCorp upped their price target on shares of ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Alembic Global Advisors began coverage on shares of ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 target price on the stock. BTIG Research raised their price target on shares of ATI from $120.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Finally, Susquehanna set a $155.00 price objective on ATI in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to MarketBeat, ATI has a consensus rating of “Buy” and an average target price of $133.00.

Insider Buying and Selling

In related news, VP Timothy J. Harris sold 10,542 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total value of $1,031,850.96. Following the sale, the vice president owned 98,310 shares of the company’s stock, valued at $9,622,582.80. The trade was a 9.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Robert S. Wetherbee sold 53,862 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total value of $5,896,811.76. Following the completion of the sale, the chairman owned 132,676 shares in the company, valued at $14,525,368.48. This trade represents a 28.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 67,002 shares of company stock worth $7,170,952 in the last 90 days. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On ATI

Several institutional investors have recently modified their holdings of ATI. Asset Management One Co. Ltd. acquired a new stake in shares of ATI in the third quarter valued at approximately $3,664,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of ATI by 27.4% during 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 last quarter. Segall Bryant & Hamill LLC raised its stake in ATI by 108.9% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 373,083 shares of the basic materials company’s stock valued at $32,212,000 after acquiring an additional 194,518 shares during the period. Schroder Investment Management Group lifted its holdings in ATI by 21.3% during the 2nd quarter. Schroder Investment Management Group now owns 532,837 shares of the basic materials company’s stock valued at $46,005,000 after purchasing an additional 93,620 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in 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 purchasing an additional 43,364 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.