Versor Investments LP Makes New Investment in ATI Inc. $ATI

Versor Investments LP acquired a new stake in ATI Inc. (NYSE:ATI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,700 shares of the basic materials company’s stock, valued at approximately $464,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Meeder Asset Management Inc. raised its position in shares of ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 402 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its stake in ATI by 56.5% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 720 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 260 shares during the period. MAI Capital Management raised its holdings in ATI by 38.6% in the 2nd quarter. MAI Capital Management now owns 869 shares of the basic materials company’s stock valued at $75,000 after acquiring an additional 242 shares during the last quarter. NewEdge Advisors LLC acquired a new position in ATI in the 2nd quarter valued at $75,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of ATI by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after purchasing an additional 118 shares during the period.

Analyst Ratings Changes

A number of brokerages have recently commented on ATI. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research report on Monday. KeyCorp upped their price target on shares of ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. JPMorgan Chase & Co. upped their price objective on shares of ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Alembic Global Advisors assumed coverage on shares of ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $133.00.

Insider Buying and Selling at ATI

In related news, SVP Tina Killough Busch sold 2,598 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $93.26, for a total transaction of $242,289.48. Following the completion of the sale, the senior vice president directly owned 21,274 shares of the company’s stock, valued at $1,984,013.24. This represents a 10.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Timothy J. Harris sold 10,542 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total value of $1,031,850.96. Following the sale, the vice president directly owned 98,310 shares of the company’s stock, valued at approximately $9,622,582.80. This represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 137,544 shares of company stock valued at $14,102,044. Company insiders own 1.10% of the company’s stock.

ATI Stock Performance

Shares of ATI stock opened at $139.60 on Friday. The company has a market cap of $18.97 billion, a P/E ratio of 49.16, a PEG ratio of 1.40 and a beta of 1.02. The business has a 50 day moving average of $119.57 and a two-hundred day moving average of $97.05. ATI Inc. has a 52 week low of $39.23 and a 52 week high of $144.50. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90.

ATI (NYSE:ATI) last released its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter last year, the company earned $0.79 EPS. The company’s revenue for the quarter 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. As a group, analysts anticipate that ATI Inc. will post 2.89 EPS for the current year.

ATI Company Profile

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.