ATI Inc. $ATI Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC trimmed its stake in shares of ATI Inc. (NYSE:ATI) by 13.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,625 shares of the basic materials company’s stock after selling 6,393 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in ATI were worth $3,421,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WPG Advisers LLC acquired a new position in ATI during the 1st quarter worth $29,000. Golden State Wealth Management LLC grew its stake in ATI by 104.1% during the 1st quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 304 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in ATI by 79.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 171 shares in the last quarter. Signaturefd LLC grew its stake in ATI by 117.7% during the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 206 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in ATI by 139.9% during the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 386 shares in the last quarter.

Insider Activity

In other news, CEO Kimberly A. Fields sold 21,153 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $85.87, for a total value of $1,816,408.11. Following the completion of the sale, the chief executive officer directly owned 202,668 shares of the company’s stock, valued at approximately $17,403,101.16. The trade was a 9.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Robert S. Wetherbee sold 50,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $74.66, for a total value of $3,733,000.00. Following the completion of the sale, the chairman directly owned 306,538 shares of the company’s stock, valued at $22,886,127.08. The trade was a 14.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 136,460 shares of company stock valued at $10,750,979. Insiders own 1.10% of the company’s stock.

ATI Trading Down 0.2%

NYSE:ATI opened at $89.36 on Friday. The stock has a 50-day simple moving average of $79.29 and a 200-day simple moving average of $76.84. The stock has a market cap of $12.32 billion, a P/E ratio of 31.03, a P/E/G ratio of 1.33 and a beta of 1.29. ATI Inc. has a 1 year low of $39.23 and a 1 year high of $96.20. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.20 and a current ratio of 2.52.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. ATI had a return on equity of 21.34% and a net margin of 9.26%.The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the firm posted $0.60 EPS. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. As a group, analysts anticipate that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ATI shares. JPMorgan Chase & Co. boosted their target price on ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. BTIG Research reissued a “buy” rating and set a $120.00 target price on shares of ATI in a research note on Friday, September 12th. Susquehanna lowered their target price on ATI from $105.00 to $100.00 and set a “positive” rating for the company in a research note on Friday, August 1st. Zacks Research raised ATI to a “hold” rating in a research report on Tuesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft set a $98.00 price objective on ATI in a research report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, ATI presently has an average rating of “Moderate Buy” and a consensus price target of $90.86.

ATI Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.