Company Performance - ATI has returned 111.1% year-to-date, significantly outperforming the Aerospace sector, which has returned an average of 35% [4] - Woodward (WWD) is another Aerospace stock that has outperformed the sector, with a year-to-date increase of 90% [4] Earnings Estimates - The Zacks Consensus Estimate for ATI's full-year earnings has increased by 4.7% over the past quarter, indicating improving analyst sentiment [3] - Woodward's consensus EPS estimate for the current year has risen by 3.8% over the past three months [5] Industry Ranking - ATI belongs to the Aerospace - Defense Equipment industry, which includes 37 stocks and currently ranks 101 in the Zacks Industry Rank [6] - The Aerospace - Defense Equipment industry has gained an average of 33.6% year-to-date, with ATI performing better than this average [6] Sector Ranking - ATI is part of the Aerospace group, which consists of 63 companies and currently holds the 10 position in the Zacks Sector Rank [2] - The Zacks Rank system, which emphasizes earnings estimates and revisions, currently gives ATI a Zacks Rank of 2 (Buy) [3]

Group 1 - ATI has scheduled a live webcast for its fourth quarter and full year 2025 earnings conference call on February 3, 2026, at 7:30 a.m. CT [1] - The earnings results will be published prior to the call at 6:30 a.m. CT [1] - The conference call will be accessible via ATImaterials.com, where presentation slides will also be available [2] Group 2 - ATI is a global producer of high-performance materials and solutions for aerospace, defense, electronics, medical, and specialty energy markets [3] - The company focuses on solving complex challenges through materials science and partners with customers to enhance their product performance [3] - ATI emphasizes its commitment to innovation and proprietary process technologies to deliver materials for challenging environments [3]

Company Performance - ATI's stock closed at $109.76, reflecting a gain of +1.73% from the previous session, outperforming the S&P 500's daily gain of 0.79% [1] - Over the past month, ATI shares have appreciated by 9.96%, significantly exceeding the Aerospace sector's gain of 0.55% and the S&P 500's gain of 0.87% [1] Upcoming Financial Results - ATI is expected to report an EPS of $0.89, which represents a 12.66% increase compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $1.19 billion, indicating a 1.79% rise from the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.2 per share and revenue at $4.6 billion, reflecting increases of +30.08% and +5.54% respectively from the prior year [3] - Recent adjustments to analyst estimates for ATI are seen as positive indicators for the business outlook [3] Valuation Metrics - ATI has a Forward P/E ratio of 33.74, which is a discount compared to the industry average Forward P/E of 34.2 [5] - The company has a PEG ratio of 1.37, significantly lower than the Aerospace - Defense Equipment industry's average PEG ratio of 2.27 [6] Industry Ranking - The Aerospace - Defense Equipment industry, part of the Aerospace sector, holds a Zacks Industry Rank of 99, placing it in the top 41% of over 250 industries [7] - The top 50% rated industries are shown to outperform the bottom half by a factor of 2 to 1 [7]

Company Announcement - Mativ Holdings, Inc. announced the appointment of Scott Minder as Chief Financial Officer, effective January 1, 2026, succeeding Greg Weitzel, who will remain until December 31, 2025 [1] Executive Profile - Scott Minder brings over 30 years of experience in finance, treasury, and investor relations across global companies in industrial, manufacturing, and automotive sectors [2] - Prior to joining Mativ, Minder served as SVP, CFO, and Treasurer for Hyster-Yale, Inc., where he led a financial turnaround and strengthened the balance sheet through significant deleveraging [2] Leadership Perspective - Shruti Singhal, President and CEO of Mativ, expressed confidence in Minder's ability to enhance financial performance and achieve strategic objectives, emphasizing the importance of his turnaround experience [3] - Minder expressed excitement about joining Mativ during a pivotal time and aims to build on the company's recent turnaround efforts while focusing on long-term shareholder value [3] Company Overview - Mativ Holdings, Inc. is a global leader in specialty materials, providing innovative solutions across various sectors, with operations on three continents and sales in over 80 countries [4] - The company operates in two segments: Filtration & Advanced Materials and Sustainable & Adhesive Solutions, targeting premium applications across diverse categories [4]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1]. Company Overview: ATI - ATI currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2]. - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook based on historical performance metrics [3]. Performance Metrics - Over the past week, ATI shares have increased by 8.52%, outperforming the Zacks Aerospace - Defense Equipment industry, which rose by 2.44% [5]. - In a longer timeframe, ATI's shares have appreciated by 36.12% over the past quarter and 92.32% over the last year, significantly surpassing the S&P 500's gains of 3.31% and 13.94%, respectively [6]. Trading Volume - ATI's average 20-day trading volume is 1,396,742 shares, which serves as a bullish indicator when combined with rising stock prices [7]. Earnings Outlook - In the last two months, four earnings estimates for ATI have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $3.05 to $3.20 [9]. - For the next fiscal year, five estimates have also moved higher without any downward revisions [9]. Conclusion - Given the strong performance metrics and positive earnings outlook, ATI is positioned as a promising investment opportunity with a Momentum Score of A [11].

Core Insights - The average brokerage recommendation (ABR) for ATI is 1.40, indicating a consensus between Strong Buy and Buy based on recommendations from 10 brokerage firms [2] - Eight out of ten recommendations for ATI are Strong Buy, representing 80% of the total recommendations [2] - Despite the positive ABR, relying solely on brokerage recommendations may not be advisable as they often lack success in guiding investors towards stocks with high price appreciation potential [5][11] Brokerage Recommendation Trends - Brokerage firms tend to exhibit a strong positive bias in their ratings, with a ratio of five Strong Buy recommendations for every Strong Sell [6] - This bias suggests that the interests of brokerage firms may not align with those of retail investors, limiting the insight into future stock price movements [7] - The Zacks Rank, a proprietary stock rating tool, is recommended as a more reliable indicator of near-term price performance compared to ABR [8] Zacks Rank vs. ABR - Zacks Rank and ABR are different measures; ABR is based solely on brokerage recommendations, while Zacks Rank utilizes earnings estimate revisions [9][10] - The Zacks Rank is timely and reflects changes in earnings estimates quickly, providing a more current indication of future price movements [13] - The Zacks Consensus Estimate for ATI has increased by 1.9% over the past month to $3.2, indicating growing optimism among analysts regarding the company's earnings prospects [14] Investment Outlook for ATI - The recent change in the consensus estimate, along with other factors, has resulted in a Zacks Rank 2 (Buy) for ATI, suggesting a positive investment outlook [15] - The Buy-equivalent ABR for ATI may serve as a useful guide for investors, complementing the insights provided by the Zacks Rank [15]

Core Viewpoint - ATI shares have shown significant performance, with a 90.3% increase year-to-date, outperforming the Zacks Aerospace sector and the Aerospace - Defense Equipment industry [1][3] Financial Performance - In the last earnings report on October 28, 2025, ATI reported EPS of $0.85, exceeding the consensus estimate of $0.75 [2] - For the current fiscal year, ATI is expected to post earnings of $3.2 per share on revenues of $4.6 billion, reflecting a 30.08% change in EPS and a 5.46% change in revenues [3] - For the next fiscal year, earnings are projected at $3.93 per share on revenues of $4.97 billion, indicating a year-over-year change of 23% in EPS and 7.98% in revenues [3] Valuation Metrics - ATI currently trades at 32.8X current fiscal year EPS estimates, below the peer industry average of 37.7X [7] - On a trailing cash flow basis, ATI trades at 29.5X compared to the peer group's average of 27.7X [7] - The stock has a PEG ratio of 1.36, which does not place it among the top echelon from a value perspective [7] Zacks Rank and Style Scores - ATI holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, meeting the criteria for potential investment [8] - The stock has a Value Score of C, a Growth Score of C, and a Momentum Score of A, resulting in a VGM Score of B [6] Industry Comparison - The Aerospace - Defense Equipment industry is positioned in the top 38% of all industries, indicating favorable conditions for ATI and its peers [11] - Woodward, Inc. (WWD), a peer in the industry, also shows strong performance with a Zacks Rank of 2 (Buy) and a projected EPS of $7.69 for the current fiscal year [9][10]

Core Insights - ATI shares increased by 5.3% to close at $104.73, supported by higher trading volume compared to normal sessions, contrasting with a 1.5% gain over the past four weeks [1] - The stock's rally is attributed to optimism regarding ATI's strong performance in the aerospace and defense sectors, which is enhancing its revenue and margins [2] - The recent appointment of James Robert Foster as Senior Vice President, Finance and CFO is expected to contribute operational depth and financial discipline to ATI's growth [2] Financial Performance - ATI is projected to report quarterly earnings of $0.88 per share, reflecting an 11.4% year-over-year increase, with revenues anticipated at $1.2 billion, a 2.6% rise from the previous year [3] - The consensus EPS estimate for ATI has been revised 0.7% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Context - ATI holds a Zacks Rank of 2 (Buy) and is part of the Zacks Aerospace - Defense Equipment industry, which includes Moog (MOG.A), another stock in the sector that saw a 2% increase to $239.2 [5] - Moog's consensus EPS estimate remains at $2.31, representing a 29.8% increase from the previous year, and it currently holds a Zacks Rank of 3 (Hold) [6]

Core Insights - ATI Inc. has appointed James Robert "Rob" Foster as the new Senior Vice President, Finance and Chief Financial Officer, effective January 1, 2026, succeeding Don Newman, who will transition to a Strategic Advisor role [1][2]. Leadership Transition - Rob Foster is a long-time leader at ATI, previously serving as President of ATI's Specialty Alloys & Components business, where he enhanced efficiency and expanded capacity [2]. - Foster has a strong background in finance and operations, having held various roles including Vice President of Finance, Supply Chain, and Capital Projects, overseeing global finance and capital deployment [2][3]. - Kim Fields, President and CEO of ATI, expressed confidence in Foster's ability to drive the next phase of profitable growth, highlighting his expertise in finance and operational leadership [3]. Company Strategy and Outlook - Foster emphasized ATI's strong balance sheet and focused strategy, indicating significant opportunities for disciplined investment and long-term value creation for shareholders [3]. - The company reiterated its guidance for the fourth quarter and full year 2025, signaling confidence in its financial performance [4]. Company Profile - ATI is a producer of high-performance materials and solutions for aerospace, defense, electronics, medical, and specialty energy markets, focusing on solving complex challenges through materials science [5].

Core Viewpoint - The Carillon Scout Mid Cap Fund's third-quarter 2025 investor letter highlights strong corporate earnings and AI infrastructure momentum as key drivers for positive returns in the Russell Midcap Index [1]. Company Overview - ATI Inc. (NYSE:ATI) is an industrial company focused on producing and distributing specialty materials and complex components, primarily for the aerospace and defense markets [2][3]. - As of December 02, 2025, ATI Inc. stock closed at $98.66 per share, with a market capitalization of $13.599 billion [2]. Stock Performance - ATI Inc. stock gained 2.25% over the past month and has risen 64.71% in value over the last 52 weeks [2]. - The company's third-quarter revenue increased by 7% year-over-year, exceeding $1.1 billion [4]. Investment Sentiment - Despite ATI Inc.'s potential, the fund suggests that certain AI stocks may offer greater upside potential and carry less downside risk [4]. - ATI Inc. is not among the 30 most popular stocks among hedge funds, with 58 hedge fund portfolios holding its stock at the end of the third quarter, up from 57 in the previous quarter [4]. Strategic Shift - The company is shifting away from commodity products towards higher value-added offerings for aerospace, medical, electronics, and specialty energy uses, which is viewed positively for long-term growth [3]. - There is significant long-term growth potential in the aerospace sector as demand for travel increases and airlines modernize their fleets with more fuel-efficient planes [3].