WINTON GROUP Ltd Grows Position in ATI Inc. $ATI

WINTON GROUP Ltd raised its stake in shares of ATI Inc. (NYSE:ATI) by 50.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 13,394 shares of the basic materials company’s stock after purchasing an additional 4,494 shares during the period. WINTON GROUP Ltd’s holdings in ATI were worth $2,640,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Triumph Capital Management lifted its position in shares of ATI by 22.4% during the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after buying an additional 58 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in ATI by 2.8% in the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock worth $401,000 after acquiring an additional 74 shares in the last quarter. Lido Advisors LLC raised its stake in ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after acquiring an additional 101 shares during the period. Signature Equity Partners LLC lifted its holdings in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in ATI by 28.4% during the second quarter. Parkside Financial Bank & Trust now owns 610 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 135 shares in the last quarter.

ATI Trading Down 0.1%

Shares of ATI stock opened at $198.71 on Friday. The firm has a market cap of $27.06 billion, a price-to-earnings ratio of 58.27, a PEG ratio of 1.21 and a beta of 1.01. The business has a 50-day moving average price of $203.34 and a 200-day moving average price of $178.63. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. ATI Inc. has a twelve month low of $75.02 and a twelve month high of $243.57.

ATI (NYSE:ATI) last posted its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the business earned $0.74 earnings per share. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities research analysts anticipate that ATI Inc. will post 5.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. KeyCorp increased their price objective on shares of ATI from $211.00 to $258.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. TD Cowen increased their price target on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Susquehanna boosted their price objective on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research report on Friday, August 7th. Finally, Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $232.00.

Insiders Place Their Bets

In other news, Director David Morehouse sold 2,485 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total transaction of $501,000.85. Following the sale, the director directly owned 35,826 shares of the company’s stock, valued at $7,222,879.86. This represents a 6.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Timothy Harris sold 16,500 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $207.54, for a total value of $3,424,410.00. Following the transaction, the vice president owned 113,687 shares of the company’s stock, valued at $23,594,599.98. This represents a 12.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 152,780 shares of company stock valued at $30,667,938 in the last quarter. 0.98% of the stock is currently owned by insiders.

ATI Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.

ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.

The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc’s specialty metals operations and adopted the name ATI Inc in 2021.