Type
|
Public company |
---|---|
Traded as | NYSE: ATI S&P 400 Component |
Founded | 1996 (1996) |
Headquarters | Pittsburgh, Pennsylvania, U.S. |
Area served
|
Worldwide |
Key people
|
Richard J. Harshman (Chairman), (President) & (CEO) |
Products | Titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings |
Revenue | US$3.134 billion (2016) |
Operating income
|
-US$0.612 billion (2016) |
Net income
|
-US$0.640 million (2016) |
Total assets | US$5.170 billion (2016) |
Total equity | US$1.355 billion (2016) |
Number of employees
|
8,500 (2016) |
Website | www |
Allegheny Technologies Incorporated (ATI) is a specialty metals company headquartered in Pittsburgh, Pennsylvania.
ATI produces titanium and titanium alloys, nickel-based alloys and superalloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings.
ATI's key markets are aerospace and defense particularly commercial jet engines (over 50% of sales), oil & gas, chemical process industry, electrical energy, and medical.
The company organizes its products into 2 segments:
Allegheny Technologies is headquartered in Downtown Pittsburgh at Six PPG Place. Steel mill plants throughout Western Pennsylvania include facilities in Harrison Township (Allegheny Ludlum's Brackenridge Works), Vandergrift, and Washington. The company also has plants in: Illinois; Indiana; Ohio; Kentucky; California; South Carolina; Oregon; Alabama; Texas; Connecticut; Massachusetts; North Carolina; Wisconsin; Shanghai, China; and several facilities in Europe.
In 1939, the merger of Allegheny Steel of Pittsburgh and Ludlum Steel of Watervliet, New York created Allegheny Ludlum Corporation; the merged company represented the manufacturers of steel for New York's Chrysler Building and Empire State Building and for the Model A Ford.
Through the 1970s, Allegheny Ludlum periodically cooperated with Ford to build several one-off promotional cars with stainless steel bodies. Three such cars are on display in the Crawford Auto-Aviation Museum.
In 1987, Allegheny Ludlum became a public company via an initial public offering.
In 1994, the company acquired Jessop Steel.
In 1996, it merged with Teledyne to form Allegheny Technologies. The company then spun off several subsidiaries as independent public companies such as Teledyne Technologies and WaterPik Technologies in 1999, to concentrate on its core business of metal and alloy production.
In 1998, the company acquired the assets of Lukens Washington Steel
In 2004, the company acquired J&L Specialty Steel
In 2005, the company sold its World Minerals subsidiary to French company Imerys.
In 2010, the company acquired Ladish Co.
Allegheny Technologies debuted its ATI 425 Titanium Alloy on June 14, 2010, at the land and air-land defense and security exhibition Eurosatory in Paris, France. The ATI 425 Titanium Alloy is developed and provided by ATI for markets that include aerospace, defense, industrial, medical and recreation.
Allegheny Ludlum's Natrona, Pennsylvania and Brackenridge, Pennsylvania plants contributed to the waste at the ALSCO Park Lindane Dump—an EPA Superfund site. These plants also released chromium into the air, which adversely affected air quality at schools in the Highlands School District.
In 2005, Allegheny Ludlum agreed to pay a $2,375,000 penalty to settle a lawsuit brought by the U.S. Department of Justice on behalf of the United States Environmental Protection Agency in 1995, which alleged that the company had unlawfully discharged oil and other pollutants, such as chromium, zinc, copper, and nickel, into the Allegheny River and Kiskiminetas River in the suburbs of Pittsburgh.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-26 | Future report Set alerts | |
Q2 2022 | 2022-08-04 | 0.54 | 0.54 |
Q1 2022 | 2022-05-04 | 0.42 | 0.42 |
Q4 2021 | 2022-02-02 | 0.25 | 0.25 |
Q3 2021 | 2021-10-28 | 0.05 | 0.05 |
Q2 2021 | 2021-08-03 | -0.12 | -0.12 |
Q1 2021 | 2021-04-29 | -0.06 | -0.06 |
Q4 2020 | 2021-01-28 | -0.33 | -0.33 |
Q3 2020 | 2020-10-29 | 0.00 | 0.00 |
Q2 2020 | 2020-08-04 | -0.02 | -3.34 |
2016-06-17 | Reiterated Rating | Bank of America | Buy | |
2016-06-17 | Reiterated Rating | Bank of America Corp. | Buy | |
2016-05-23 | Upgrade | Bank of America | Underperform to Buy | $14.00 |
2016-05-18 | Reiterated Rating | Berenberg Bank | Hold | |
2016-04-19 | Reiterated Rating | Rosenblatt Securities | Buy | $18.00 to $26.00 |
2016-04-04 | Downgrade | Cowen and Company | Market Perform to Underperform | $7.00 |
2016-03-28 | Upgrade | Credit Suisse | Neutral to Outperform | $34.00 to $41.00 |
2016-03-28 | Upgrade | Credit Suisse Group AG | Neutral to Outperform | $34.00 to $41.00 |
2016-03-23 | Reiterated Rating | Deutsche Bank | Hold | $10.00 to $13.00 |
2016-03-23 | Reiterated Rating | Deutsche Bank AG | Hold | $10.00 to $13.00 |
2016-03-17 | Reiterated Rating | Bank of America | Underperform | |
2016-03-03 | Initiated Coverage | Berenberg Bank | Hold | $13.90 |
2016-02-11 | Lower Price Target | Rosenblatt Securities | Buy | $23.00 to $18.00 |
2016-02-09 | Lower Price Target | Buckingham Research | Buy | $23.00 to $20.00 |
2016-01-28 | Lower Price Target | Deutsche Bank | Hold | $15.00 to $10.00 |
2016-01-27 | Reiterated Rating | Bank of America | Underperform | $9.00 to $8.00 |
2016-01-27 | Lower Price Target | Sterne Agee CRT | Buy | $20.00 to $17.00 |
2016-01-19 | Reiterated Rating | Rosenblatt Securities | Buy | $23.00 |
2016-01-15 | Reiterated Rating | Bank of America | Underperform | $9.00 |
2016-01-07 | Reiterated Rating | Cowen and Company | Market Perform | $18.00 to $13.00 |
2015-12-11 | Upgrade | Rosenblatt Securities | Neutral to Buy | $23.00 |
2015-10-21 | Lower Price Target | Sterne Agee CRT | Buy | $25.00 to $20.00 |
2015-10-21 | Reiterated Rating | Cowen and Company | Market Perform | $23.00 to $18.00 |
2015-10-21 | Downgrade | Deutsche Bank | Buy to Hold | $15.00 |
2015-10-20 | Downgrade | Bank of America | Neutral to Underperform | $20.00 to $15.00 |
2015-10-05 | Upgrade | Deutsche Bank | Hold to Buy | $27.00 to $20.00 |
2015-10-01 | Lower Price Target | Stifel Nicolaus | Buy | $50.00 to $40.00 |
2015-09-09 | Initiated Coverage | Rosenblatt Securities | Neutral | $22.00 |
2015-09-03 | Reiterated Rating | Cowen and Company | M to Market Perform | $29.00 to $23.00 |
2015-07-21 | Downgrade | Bank of America | Buy to Neutral | $35.00 to $24.00 |
2015-07-02 | Reiterated Rating | Deutsche Bank | Hold | $35.00 to $33.00 |
2015-01-12 | Lower Price Target | Deutsche Bank | Hold | $40.00 to $35.00 |
2014-12-16 | Upgrade | Sterne Agee CRT | Neutral to Buy | $38.00 |
2014-11-07 | Reiterated Rating | Buckingham Research | Buy | $51.00 to $47.00 |
2014-10-21 | Lower Price Target | Topeka Capital Markets | Hold | $41.00 to $38.00 |
2014-10-07 | Downgrade | ING Group | Buy to Hold | |
2014-10-07 | Downgrade | KeyBanc | Buy to Hold | |
2014-10-07 | Downgrade | KeyCorp | Buy to Hold | |
2014-07-23 | Reiterated Rating | JPMorgan Chase & Co. | Underweight | $30.00 to $31.00 |
2014-07-23 | Lower Price Target | KeyBanc | $53.00 to $51.00 | |
2014-07-08 | Initiated Coverage | Northcoast Research | Buy | $54.00 |
2014-07-03 | Reiterated Rating | Deutsche Bank | Hold | $41.00 to $43.00 |
2014-07-01 | Boost Price Target | Cowen and Company | $35.00 to $48.00 | |
2014-06-30 | Boost Price Target | Stifel Nicolaus | Buy | $45.00 to $50.00 |
2014-06-26 | Boost Price Target | KeyBanc | Buy | $48.00 to $53.00 |
2014-05-12 | Upgrade | Ned Davis Research | Sell to Neutral | |
2014-04-23 | Reiterated Rating | Deutsche Bank | Hold | $36.00 to $41.00 |
2014-04-23 | Boost Price Target | KeyBanc | Buy | $38.00 to $48.00 |
2014-04-16 | Reiterated Rating | JPMorgan Chase & Co. | Underweight | $25.00 |
2014-04-14 | Upgrade | Sterne Agee CRT | Underperform to Neutral | $27.00 to $39.00 |
2014-04-04 | Boost Price Target | Buckingham Research | $40.00 to $44.00 | |
2014-04-04 | Boost Price Target | Cowen and Company | $29.00 to $35.00 | |
2014-04-03 | Reiterated Rating | Credit Suisse | Outperform | $41.00 to $47.00 |
2014-02-24 | Upgrade | Ned Davis Research | Sell to Neutral | |
2014-01-23 | Upgrade | Credit Suisse | Neutral to Outperform | $34.00 to $41.00 |
2014-01-21 | Initiated Coverage | JPMorgan Chase & Co. | Underweight | |
2014-01-15 | Boost Price Target | KeyBanc | $40.00 to $44.00 | |
2014-01-10 | Downgrade | Deutsche Bank | Buy to Hold | $36.00 |
2013-12-09 | Upgrade | Buckingham Research | Neutral to Buy | $27.00 to $40.00 |
2013-10-24 | Boost Price Target | Credit Suisse | Neutral | $27.00 to $34.00 |
2013-10-16 | Initiated Coverage | Sterne Agee CRT | Underperform | $27.00 to $32.03 |
2013-09-18 | Boost Price Target | KeyBanc | Buy | $36.00 to $38.00 |
2012-06-14 | Upgrade | Deutsche Bank | Hold to Buy | $50 to $50 |
2011-05-23 | Reiterated | Stifel Nicolaus | Buy | $78 to $85 |
2011-04-28 | Reiterated | Deutsche Bank | Hold | $60 to $65 |
2011-04-28 | Reiterated | Davenport | Buy | $78 to $90 |
2011-02-08 | Reiterated | UBS | Buy | $65 to $75 |
2011-01-27 | Reiterated | Stifel Nicolaus | Buy | $65 to $78 |
2011-01-27 | Reiterated | Deutsche Bank | Hold | $45 to $60 |
2010-10-18 | Reiterated | Deutsche Bank | Hold | $47 to $45 |
2010-04-21 | Upgrade | KeyBanc Capital Mkts | Hold to Buy | $65 |
2010-03-24 | Reiterated | UBS | Buy | $50 to $62 |
2010-01-04 | Reiterated | Stifel Nicolaus | Buy | $45 to $55 |
2009-12-18 | Upgrade | JP Morgan | Underweight to Neutral | $34.50 to $43 |
2009-10-15 | Upgrade | UBS | Neutral to Buy | |
2009-09-25 | Reiterated | Stifel Nicolaus | Buy | $38 to $45 |
2009-08-06 | Initiated | Stifel Nicolaus | Buy | $38 |
2009-04-21 | Downgrade | Citigroup | Hold to Sell | |
2009-03-23 | Downgrade | Davenport | Buy to Neutral | $32 to $26 |
2016-06-17 | Reiterated Rating | Bank of America | Buy | |
2016-06-17 | Reiterated Rating | Bank of America Corp. | Buy | |
2016-05-23 | Upgrade | Bank of America | Underperform to Buy | $14.00 |
2016-05-18 | Reiterated Rating | Berenberg Bank | Hold | |
2016-04-19 | Reiterated Rating | Rosenblatt Securities | Buy | $18.00 to $26.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ATI 243 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 20.40M |
Vanguard Group, Inc | 14.35M |
Capital International Investors | 11.82M |
ALLIANCEBERNSTEIN L.P. | 7.41M |
BlackRock Fund Advisors | 6.73M |
STATE STREET CORP | 6.71M |
D. E. Shaw & Co., Inc. | 3.60M |
BlackRock Institutional Trust Company, N.A. | 3.25M |
AMERIPRISE FINANCIAL INC | 3.14M |
Channing Capital Management, LLC | 2.79M |
DIMENSIONAL FUND ADVISORS LP | 2.78M |
Fisher Asset Management, LLC | 2.52M |
DRIEHAUS CAPITAL MANAGEMENT LLC | 2.27M |
OPPENHEIMER FUNDS INC | 2.20M |
GEODE CAPITAL MANAGEMENT, LLC | 2.17M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
HARSHMAN RICHARD J Chairman, President and CEO | 0.52% (566756) | AEE / ATI / |
Dalton Hunter R EVP, Long Products | 0.15% (160884) | ATI / |
Sims John D EVP, Forg & Cast, Ti Ops | 0.14% (150680) | ATI / |
DUNLAP TERRY L EVP, Flat-Rolled Products | 0.12% (133689) | ATI / MATW / |
Davis Elliot S Sr VP, GC, CCO and Secretary | 0.11% (122356) | ATI / |
REID DALE G Sr. VP, Finance and PFO | 0.09% (97905) | ATI / |
DeCourcy Patrick J Senior VP, Finance and CFO | 0.08% (90195) | ATI / |
Kramer Kevin B Sr. VP, CCMO | 0.07% (80083) | ATI / SRI / |
WETHERBEE ROBERT S EVP, ATI Flat-Rolled Products | 0.06% (69903) | ATI / |
Powers Elizabeth C Senior VP, CHRO | 0.06% (60524) | ATI / |
Hogan David M EVP, Engineered Products Seg. | 0.05% (54611) | ATI / |
TURNER JOHN D | 0.04% (43360) | ATI / MATW / |
CREEL DIANE C | 0.04% (41113) | ATI / NPO / TKR / URS / |
Schwartz Karl D Controller & Princ. Acctg Off. | 0.04% (38979) | ATI / |
JEREMIAH BARABARA S | 0.03% (37806) | ATI / FNFG / |
HARVEY J BRETT | 0.03% (36925) | ATI / CNX / |
DIGGS JAMES C | 0.03% (36463) | ATI / BDN / |
ROHR JAMES E | 0.03% (35794) | ATI / EQT / GE / MPC / PNC / |
Pipski John R | 0.03% (32059) | ATI / |
VROMAN GARY J EVP, High Perf Forgings | 0.03% (27240) | ATI / |
THOMAS LOUIS J | 0.02% (26239) | ATI / |
Corvi Carolyn | 0.02% (25111) | ATI / HY / UAL / |
Joyce Michael | 0.02% (18113) | ATI / BDN / |
Morehouse David J | 0.01% (15794) | ATI / |