Rational Advisors Inc. Purchases Shares of 33,400 ATI Inc. $ATI

Rational Advisors Inc. purchased a new stake in shares of ATI Inc. (NYSE:ATI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,400 shares of the basic materials company’s stock, valued at approximately $3,833,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of ATI. True Wealth Design LLC raised its position in shares of ATI by 642.9% in the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 225 shares during the last quarter. Prestige Wealth Management Group LLC purchased a new position in shares of ATI in the 3rd quarter valued at approximately $34,000. Allworth Financial LP raised its position in shares of ATI by 50.8% in the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 180 shares during the last quarter. Torren Management LLC purchased a new position in shares of ATI in the 4th quarter valued at approximately $52,000. Finally, ARK Investment Management LLC raised its position in shares of ATI by 378.7% in the 3rd quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock valued at $60,000 after purchasing an additional 587 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. KeyCorp increased their price objective on shares of ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Zacks Research lowered shares of ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $194.00 price objective on shares of ATI in a research report on Friday, May 1st. Finally, Wells Fargo & Company assumed coverage on shares of ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. One investment 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 company’s stock. According to MarketBeat.com, ATI currently has a consensus rating of “Buy” and a consensus target price of $164.38.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 40,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $159.21, for a total value of $6,368,400.00. Following the transaction, the chief executive officer owned 277,763 shares in the company, valued at approximately $44,222,647.23. This represents a 12.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David J. Morehouse sold 6,609 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the transaction, the director owned 38,168 shares in the company, valued at approximately $5,887,414. This trade represents a 14.76% decrease in their position. The SEC filing for this sale provides additional information. 0.98% of the stock is currently owned by corporate insiders.

ATI Price Performance

Shares of NYSE:ATI opened at $177.98 on Wednesday. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $183.30. The company’s 50 day moving average is $156.25 and its 200 day moving average is $136.02. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The company has a market cap of $24.29 billion, a PE ratio of 58.93, a price-to-earnings-growth ratio of 1.54 and a beta of 0.96.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company earned $0.72 EPS. ATI’s quarterly 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. On average, sell-side analysts forecast that ATI Inc. will post 4.43 EPS for the current year.

ATI announced that its Board of Directors has approved a share repurchase program on Thursday, February 19th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the basic materials company to reacquire up to 2.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

ATI 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.