ATI Inc. $ATI Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of ATI Inc. (NYSE:ATI) by 53.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,648 shares of the basic materials company’s stock after acquiring an additional 8,939 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in ATI were worth $3,103,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares 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 worth $34,000 after purchasing an additional 402 shares during the last quarter. Prestige Wealth Management Group LLC acquired a new stake in shares of ATI during the third quarter worth about $34,000. Allworth Financial LP boosted its stake in shares of ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after buying an additional 180 shares during the period. ARK Investment Management LLC grew its holdings in shares of ATI by 378.7% during 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 during the last quarter. Finally, Optiver Holding B.V. increased its position in ATI by 274.0% in the 3rd quarter. Optiver Holding B.V. now owns 864 shares of the basic materials company’s stock valued at $70,000 after acquiring an additional 633 shares during the period.

Insider Activity

In other news, Director David J. Morehouse sold 6,609 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the transaction, the director owned 38,168 shares in the company, valued at $5,887,414. This trade represents a 14.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is owned by corporate insiders.

ATI Stock Up 6.8%

ATI opened at $144.66 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. ATI Inc. has a 12 month low of $39.23 and a 12 month high of $168.14. The stock has a market capitalization of $19.74 billion, a P/E ratio of 50.94, a P/E/G ratio of 1.34 and a beta of 0.95. The business has a 50 day simple moving average of $143.38 and a 200-day simple moving average of $114.65.

ATI (NYSE:ATI) last announced 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 return on equity of 24.26% and a net margin of 8.81%.The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. ATI’s quarterly revenue was up .4% on a year-over-year basis. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. On average, equities analysts anticipate that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

ATI announced that its board has initiated a share 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 repurchase up to 2.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Alembic Global Advisors started 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. Susquehanna set a $155.00 price target on ATI in a research note on Wednesday, February 4th. Wall Street Zen lowered shares of ATI from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $134.00.

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.