ATI Inc. $ATI Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC decreased its holdings in ATI Inc. (NYSE:ATI) by 31.2% in the 4th quarter, HoldingsChannel reports. The firm owned 19,952 shares of the basic materials company’s stock after selling 9,027 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in ATI were worth $2,290,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in ATI during the 4th quarter worth approximately $198,787,000. Capital World Investors boosted its position in ATI by 15.8% in 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 buying an additional 1,080,201 shares during the period. Holocene Advisors LP boosted its position in ATI by 153.7% in 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 buying an additional 929,333 shares during the period. AQR Capital Management LLC grew its stake in shares of ATI by 684.9% in the fourth quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock worth $117,037,000 after acquiring an additional 889,912 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of ATI by 143.3% in the fourth quarter. UBS Group AG now owns 1,193,129 shares of the basic materials company’s stock worth $136,923,000 after acquiring an additional 702,656 shares in the last quarter.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the transaction, the chief executive officer directly owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.98% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ATI. JPMorgan Chase & Co. increased 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. Susquehanna boosted their target price on ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, April 10th. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Wells Fargo & Company initiated coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target on the stock. Finally, Zacks Research cut ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, eight have given 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.

ATI Price Performance

Shares of NYSE ATI opened at $201.31 on Friday. The stock has a market cap of $27.47 billion, a P/E ratio of 66.66, a P/E/G ratio of 1.73 and a beta of 0.96. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $203.60. The stock has a 50 day moving average of $168.39 and a two-hundred day moving average of $144.68. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95.

ATI (NYSE:ATI) last announced its earnings results 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 business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the company posted $0.72 EPS. The company’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, research analysts forecast that ATI Inc. will post 4.43 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.