80,000 Shares in ATI Inc. $ATI Bought by S Squared Technology LLC

S Squared Technology LLC bought a new position in ATI Inc. (NYSE:ATI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 80,000 shares of the basic materials company’s stock, valued at approximately $9,181,000. ATI accounts for approximately 3.6% of S Squared Technology LLC’s holdings, making the stock its 11th biggest position.

Several other large investors have also made changes to their positions in 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 worth $30,000 after buying an additional 225 shares during the period. Prestige Wealth Management Group LLC purchased a new position in shares of ATI in the 3rd quarter worth $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 worth $43,000 after buying an additional 180 shares during the period. Torren Management LLC purchased a new position in shares of ATI in the 4th quarter worth $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 worth $60,000 after buying an additional 587 shares during the period.

ATI Trading Down 0.2%

NYSE:ATI opened at $198.07 on Monday. The business’s 50-day moving average is $163.49 and its two-hundred day moving average is $141.54. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $203.60. The firm has a market capitalization of $27.03 billion, a PE ratio of 65.59, a price-to-earnings-growth ratio of 1.71 and a beta of 0.96.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company posted $0.72 earnings per share. The firm’s revenue was up .6% compared to the same quarter last year. 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 predict that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

ATI announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 19th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Friday, May 22nd. KeyCorp increased their target price on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Wells Fargo & Company started coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective on the stock. Finally, BTIG Research raised their price objective on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, May 1st. One equities 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, ATI has an average rating of “Buy” and an average price target of $164.38.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the completion of the sale, the chief executive officer directly owned 218,014 shares in the company, valued at $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.98% of the stock is owned by corporate insiders.

About ATI

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.