ATI Inc. $ATI Shares Acquired by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. increased its holdings in shares of ATI Inc. (NYSE:ATIFree Report) by 123.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 261,280 shares of the basic materials company’s stock after acquiring an additional 144,441 shares during the period. ATI makes up approximately 2.5% of Keystone Investors PTE Ltd.’s portfolio, making the stock its 13th biggest holding. Keystone Investors PTE Ltd. owned 0.19% of ATI worth $21,253,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ATI. Asset Management One Co. Ltd. purchased a new position in shares of ATI in the third quarter valued at $3,664,000. Channing Capital Management LLC boosted its position in shares of ATI by 34.2% in the 3rd quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock worth $90,219,000 after buying an additional 282,529 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in ATI by 27.4% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 39,682 shares of the basic materials company’s stock valued at $3,228,000 after acquiring an additional 8,532 shares in the last quarter. Segall Bryant & Hamill LLC raised its position in ATI by 108.9% during the second quarter. Segall Bryant & Hamill LLC now owns 373,083 shares of the basic materials company’s stock worth $32,212,000 after acquiring an additional 194,518 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in ATI by 21.3% during the second quarter. Schroder Investment Management Group now owns 532,837 shares of the basic materials company’s stock worth $46,005,000 after acquiring an additional 93,620 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $150.00 price target on shares of ATI in a research report on Wednesday, February 4th. KeyCorp increased their target price on ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. BTIG Research boosted their price target on ATI from $120.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Finally, Alembic Global Advisors began coverage on ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to data from MarketBeat, ATI presently has an average rating of “Buy” and an average price target of $133.00.

Get Our Latest Analysis on ATI

ATI Trading Down 0.1%

Shares of ATI stock opened at $163.43 on Friday. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $164.26. The business’s fifty day moving average is $130.18 and its two-hundred day moving average is $102.74. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90. The firm has a market cap of $22.38 billion, a PE ratio of 57.55, a P/E/G ratio of 1.65 and a beta of 1.02.

ATI (NYSE:ATIGet Free Report) last released its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the firm posted $0.79 earnings per share. The business’s quarterly revenue was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Analysts anticipate that ATI Inc. will post 2.89 earnings per share for the current year.

ATI announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 19th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the basic materials company to purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, Chairman Robert S. Wetherbee sold 53,862 shares of the business’s stock in a transaction that occurred 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 directly owned 132,676 shares in the company, valued at approximately $14,525,368.48. The trade was a 28.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company’s stock.

About ATI

(Free Report)

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.

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Institutional Ownership by Quarter for ATI (NYSE:ATI)

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