S Squared Technology LLC Takes $7.88 Million Position in ATI Inc. $ATI

S Squared Technology LLC bought a new stake in shares of ATI Inc. (NYSE:ATI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 40,000 shares of the basic materials company’s stock, valued at approximately $7,884,000. ATI makes up about 0.0% of S Squared Technology LLC’s portfolio, making the stock its 16th biggest position.

A number of other institutional investors also recently bought and sold shares of ATI. BlackRock Inc. acquired a new position in shares of ATI in the second quarter valued at approximately $3,687,529,000. Norges Bank purchased a new stake in shares of ATI in the fourth quarter valued at $198,787,000. SG Americas Securities LLC lifted its stake in shares of ATI by 1,471.8% in the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock worth $156,423,000 after buying an additional 1,006,951 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of ATI by 684.9% in the 4th quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock valued at $117,037,000 after purchasing an additional 889,912 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in ATI during the 2nd quarter worth about $168,996,000.

Insider Activity

In related news, CEO Kimberly A. Fields sold 24,845 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $231.19, for a total transaction of $5,743,915.55. Following the completion of the transaction, the chief executive officer owned 100,719 shares of the company’s stock, valued at $23,285,225.61. This trade represents a 19.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 177,044 shares of company stock valued at $33,976,616 in the last ninety days. 0.98% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on ATI. Susquehanna increased their price target on shares of ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. TD Cowen upped their price objective on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Finally, JPMorgan Chase & Co. lifted their price objective on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. One 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, the stock has a consensus rating of “Buy” and an average target price of $232.00.

ATI Trading Down 2.1%

Shares of ATI stock traded down $4.44 on Friday, reaching $210.08. The company had a trading volume of 636,103 shares, compared to its average volume of 1,835,682. ATI Inc. has a 12 month low of $74.45 and a 12 month high of $243.57. The stock has a market cap of $28.61 billion, a PE ratio of 61.61, a PEG ratio of 1.28 and a beta of 0.98. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The company has a 50-day moving average of $201.46 and a 200-day moving average of $174.20.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating 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 business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the business posted $0.74 earnings per share. ATI’s quarterly revenue 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. On average, equities analysts forecast that ATI Inc. will post 5.15 earnings per share 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.