27,156 Shares in ATI Inc. $ATI Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new position in ATI Inc. (NYSE:ATI) in the second quarter, Holdings Channel reports. The fund purchased 27,156 shares of the basic materials company’s stock, valued at approximately $5,352,000.

Other hedge funds also recently bought and sold shares of the company. Meeder Asset Management Inc. grew its holdings in ATI by 2.8% in the first quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock valued at $401,000 after purchasing an additional 74 shares during the period. Lido Advisors LLC raised its stake in shares of ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after buying an additional 101 shares during the period. Signature Equity Partners LLC raised its stake in shares of ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after buying an additional 123 shares during the period. Activest Wealth Management lifted its position in shares of ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after buying an additional 125 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after buying an additional 140 shares in the last quarter.

ATI Stock Performance

NYSE ATI opened at $206.84 on Friday. The company has a market cap of $28.17 billion, a PE ratio of 60.66, a price-to-earnings-growth ratio of 1.25 and a beta of 0.98. The stock’s 50 day simple moving average is $200.19 and its 200-day simple moving average is $171.49. ATI Inc. has a 1-year low of $71.94 and a 1-year high of $243.57. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $0.74 earnings per share. The business’s 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. As a group, equities research analysts anticipate that ATI Inc. will post 5.15 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. BTIG Research lifted their price target on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wells Fargo & Company restated an “overweight” rating and set a $275.00 price objective on shares of ATI in a research report on Monday, August 10th. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $262.00 target price on shares of ATI in a research report on Monday, August 10th. Finally, TD Cowen boosted their target price on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $232.00.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of ATI 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 sale, the chief executive officer owned 218,014 shares of the company’s stock, valued at $39,039,766.98. The trade was a 21.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders sold 177,044 shares of company stock valued at $33,976,616. Company insiders own 0.98% of the company’s stock.

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.