ATI Inc. (ATI) reported second-quarter 2026 sales of $1.26 billion, up 11% from a year earlier, and net income attributable to ATI of $151 million, up 50%. GAAP earnings per share were $1.09, compared with $0.70 in the prior-year quarter.
The company said aerospace and defense sales rose 13%, adjusted EBITDA increased 37% to $284 million, and backlog reached $4.4 billion, up 18%. ATI raised its full-year 2026 guidance for adjusted EBITDA, adjusted EPS and adjusted free cash flow.
- Sales: $1.26 billion in Q2 2026, up 11% year over year.
- Net income attributable to ATI: $151 million, up 50% year over year.
- GAAP EPS: $1.09, up 56% from $0.70 in Q2 2025.
- Adjusted EBITDA: $284 million, or 22.6% of sales.
- Segment sales: HPMC sales were $637.1 million and AA&S sales were $624.0 million.
- Guidance: Full-year 2026 adjusted EBITDA is now expected at $1.135 billion to $1.185 billion, with adjusted EPS of $4.90 to $5.18.
$ATI Insider Trading Activity
$ATI insiders have traded $ATI stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.
Here’s a breakdown of recent trading of $ATI stock by insiders over the last 6 months:
- KIMBERLY A FIELDS (Chair, President and CEO) has made 0 purchases and 20 sales selling 152,199 shares for an estimated $28,232,244.
- ROBERT S WETHERBEE (Executive Chairman) has made 0 purchases and 4 sales selling 60,000 shares for an estimated $8,737,284.
- DAVID J MOREHOUSE has made 0 purchases and 2 sales selling 6,609 shares for an estimated $1,019,464.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ATI Hedge Fund Activity
We have seen 418 institutional investors add shares of $ATI stock to their portfolio, and 239 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL INTERNATIONAL INVESTORS removed 11,211,854 shares (-65.6%) from their portfolio in Q1 2026, for an estimated $1,630,876,282
- VIKING GLOBAL INVESTORS LP added 3,332,843 shares (+inf%) to their portfolio in Q1 2026, for an estimated $484,795,342
- CAPITAL RESEARCH GLOBAL INVESTORS added 2,548,383 shares (+70.6%) to their portfolio in Q1 2026, for an estimated $370,687,791
- BLACKROCK, INC. added 1,774,883 shares (+12.1%) to their portfolio in Q1 2026, for an estimated $258,174,481
- CAPITAL WORLD INVESTORS removed 1,642,864 shares (-22.3%) from their portfolio in Q1 2026, for an estimated $238,970,997
- JANE STREET GROUP, LLC added 1,214,065 shares (+438.0%) to their portfolio in Q1 2026, for an estimated $176,597,894
- POINT72 ASSET MANAGEMENT, L.P. added 1,172,402 shares (+154.2%) to their portfolio in Q1 2026, for an estimated $170,537,594
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
