15,844 Shares in ATI Inc. $ATI Acquired by Dockside LLC

Dockside LLC bought a new position in shares of ATI Inc. (NYSE:ATI) during the 4th quarter, HoldingsChannel.com reports. The fund bought 15,844 shares of the basic materials company’s stock, valued at approximately $1,818,000.

Other large investors also recently bought and sold shares of the company. True Wealth Design LLC grew its position in ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 225 shares during the last quarter. Prestige Wealth Management Group LLC purchased a new stake in shares of ATI in the 3rd quarter valued at $34,000. Torren Management LLC purchased a new stake in shares of ATI in the 4th quarter valued at $52,000. Allworth Financial LP boosted its holdings 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 acquiring an additional 180 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its holdings in shares of ATI by 137.3% in the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after acquiring an additional 346 shares during the last quarter.

ATI Stock Performance

Shares of NYSE ATI opened at $198.07 on Friday. The company’s fifty day moving average price is $163.49 and its 200 day moving average price is $141.24. ATI Inc. has a 1 year low of $70.42 and a 1 year high of $203.60. The company 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. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67.

ATI (NYSE:ATI) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the firm posted $0.72 earnings per share. The firm’s quarterly 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. On average, research analysts predict that ATI Inc. will post 4.43 earnings per share for the current year.

ATI declared that its board has initiated a stock buyback plan on Thursday, February 19th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the basic materials company to purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts have recently commented on ATI shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $194.00 price objective on shares of ATI in a report on Friday, May 1st. BTIG Research upped their price objective on shares of ATI from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, May 1st. Zacks Research downgraded shares of ATI from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Wells Fargo & Company started coverage on shares of ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective on the stock. Finally, Wall Street Zen downgraded shares of ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $164.38.

Insider Transactions at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the 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 directly owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.98% of the company’s stock.

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.