WINTON GROUP Ltd Grows Stake in ATI Inc. $ATI

WINTON GROUP Ltd grew its stake in shares of ATI Inc. (NYSE:ATI) by 1,464.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,499 shares of the basic materials company’s stock after acquiring an additional 91,268 shares during the quarter. WINTON GROUP Ltd owned about 0.07% of ATI worth $7,931,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Meeder Asset Management Inc. grew its position in ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 402 shares during the last quarter. Prestige Wealth Management Group LLC purchased a new position in ATI in the third quarter worth about $34,000. ARK Investment Management LLC lifted its stake in shares of ATI by 378.7% in the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock worth $60,000 after buying an additional 587 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of ATI by 56.5% in the second quarter. Nomura Asset Management Co. Ltd. now owns 720 shares of the basic materials company’s stock worth $62,000 after buying an additional 260 shares in the last quarter. Finally, Optiver Holding B.V. grew its holdings in shares of ATI by 274.0% during the third quarter. Optiver Holding B.V. now owns 864 shares of the basic materials company’s stock valued at $70,000 after buying an additional 633 shares during the last quarter.

ATI Trading Down 2.7%

NYSE:ATI opened at $150.01 on Monday. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. ATI Inc. has a 12 month low of $39.23 and a 12 month high of $168.14. The company has a market cap of $20.54 billion, a PE ratio of 52.82, a price-to-earnings-growth ratio of 1.49 and a beta of 0.95. The company has a 50 day simple moving average of $134.31 and a two-hundred day simple moving average of $106.13.

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

ATI declared that its Board of Directors has authorized a stock buyback program on Thursday, February 19th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the basic materials company to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ATI. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 price objective on shares of ATI in a report on Wednesday, February 4th. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. JPMorgan Chase & Co. increased their price objective on ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, BTIG Research lifted their price objective on ATI from $120.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $133.00.

Insider Buying and Selling

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $109.48, for a total value of $5,896,811.76. Following the transaction, the chairman owned 132,676 shares of the company’s stock, valued at approximately $14,525,368.48. This represents a 28.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.10% of the company’s stock.

About ATI

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.