MUFG Securities EMEA plc Takes Position in ATI Inc. $ATI

MUFG Securities EMEA plc acquired a new stake in shares of ATI Inc. (NYSE:ATI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 277,000 shares of the basic materials company’s stock, valued at approximately $31,789,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ATI. Norges Bank acquired a new stake in shares of ATI during the 4th quarter valued at $198,787,000. Capital World Investors lifted its position in shares of ATI by 15.8% during the 3rd quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock valued at $642,633,000 after acquiring an additional 1,080,201 shares during the last quarter. Holocene Advisors LP lifted its position in shares of ATI by 153.7% during the 3rd quarter. Holocene Advisors LP now owns 1,534,114 shares of the basic materials company’s stock valued at $124,785,000 after acquiring an additional 929,333 shares during the last quarter. UBS Group AG lifted its position in shares of ATI by 143.3% during the 4th quarter. UBS Group AG now owns 1,193,129 shares of the basic materials company’s stock valued at $136,923,000 after acquiring an additional 702,656 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of ATI by 552.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 720,224 shares of the basic materials company’s stock valued at $62,184,000 after acquiring an additional 609,874 shares during the last quarter.

ATI Stock Performance

Shares of ATI opened at $175.47 on Friday. The company’s 50 day moving average price is $155.63 and its 200 day moving average price is $135.19. ATI Inc. has a 52 week low of $70.42 and a 52 week high of $177.27. The company has a market capitalization of $23.95 billion, a PE ratio of 58.10, a PEG ratio of 1.51 and a beta of 0.94. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm posted $0.72 earnings per share. The firm’s revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Research analysts expect that ATI Inc. will post 4.43 EPS for the current fiscal year.

ATI announced that its board has approved a stock buyback program on Thursday, February 19th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the basic materials company to purchase up to 2.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ATI shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $194.00 target price on shares of ATI in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research note on Friday, May 22nd. KeyCorp lifted their price objective on shares of ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Wall Street Zen downgraded shares of ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $164.38.

Insider Buying and Selling

In other ATI news, Director David J. Morehouse sold 6,609 shares of the business’s stock in a transaction that occurred on 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 sale, the director directly owned 38,168 shares of the company’s stock, valued at $5,887,414. The trade was a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Kimberly A. Fields sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $159.21, for a total transaction of $6,368,400.00. Following the completion of the sale, the chief executive officer directly owned 277,763 shares of the company’s stock, valued at $44,222,647.23. This represents a 12.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.98% of the stock is owned by insiders.

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.