What is KeyCorp’s Forecast for ATI Q4 Earnings?

ATI Inc. (NYSE:ATI) – Equities researchers at KeyCorp issued their Q4 2026 earnings estimates for ATI in a research report issued to clients and investors on Thursday, October 29th. KeyCorp analyst S. Mckinney forecasts that the basic materials company will post earnings of $1.60 per share for the quarter. KeyCorp has an “Overweight” rating and a $228.00 price objective on the stock. The consensus estimate for ATI’s current full-year earnings is $5.19 per share.

Other equities research analysts also recently issued research reports about the company. TD Cowen increased their price objective on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Wells Fargo & Company lowered their price objective on shares of ATI from $275.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 30th. Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Susquehanna increased their price target on shares of ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $262.00 price objective on shares of ATI in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, ATI presently has an average rating of “Buy” and an average target price of $221.38.

ATI Stock Up 3.5%

NYSE ATI opened at $180.40 on Wednesday. ATI has a 12 month low of $93.11 and a 12 month high of $243.57. The company has a market capitalization of $24.50 billion, a P/E ratio of 45.10, a PEG ratio of 1.02 and a beta of 1.09. The company’s 50 day simple moving average is $189.18 and its 200 day simple moving average is $173.52. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.77 and a quick ratio of 1.27.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, October 29th. The basic materials company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.09. ATI had a net margin of 11.08% and a return on equity of 32.30%. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company earned $0.85 EPS. ATI’s revenue was up 26.5% on a year-over-year basis.

Insider Transactions at ATI

In other news, Director David Morehouse sold 2,485 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $201.61, for a total transaction of $501,000.85. Following the completion of the transaction, the director owned 35,826 shares of the company’s stock, valued at approximately $7,222,879.86. This represents a 6.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kimberly Fields sold 24,845 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $231.19, for a total value of $5,743,915.55. Following the completion of the transaction, the chief executive officer directly owned 100,719 shares of the company’s stock, valued at approximately $23,285,225.61. This trade represents a 19.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 85,830 shares of company stock worth $18,046,361. 0.98% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ATI

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in ATI in the second quarter valued at about $3,687,529,000. Bank of America Corp DE bought a new position in shares of ATI during the 2nd quarter worth approximately $348,285,000. Arrowstreet Capital Limited Partnership increased its stake in ATI by 231.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock valued at $175,094,000 after buying an additional 840,455 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of ATI in the second quarter valued at about $168,996,000. Finally, Artemis Investment Management LLP raised its stake in shares of ATI by 1.5% during the 3rd quarter. Artemis Investment Management LLP now owns 854,431 shares of the basic materials company’s stock worth $161,829,000 after purchasing an additional 12,938 shares in the last quarter.

ATI Company Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.

Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.

ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.