Graphene Investments SAS Has $3.31 Million Stake in ATI Inc. $ATI

Graphene Investments SAS reduced its position in ATI Inc. (NYSE:ATI) by 15.6% during the second quarter, Holdings Channel.com reports. The firm owned 16,800 shares of the basic materials company’s stock after selling 3,100 shares during the quarter. Graphene Investments SAS’s holdings in ATI were worth $3,311,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of ATI. Norges Bank bought a new stake in ATI during the 4th quarter valued at $198,787,000. SG Americas Securities LLC lifted its stake in shares of ATI by 1,471.8% in the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock valued at $156,423,000 after buying an additional 1,006,951 shares in the last quarter. AQR Capital Management LLC lifted 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 valued at $117,037,000 after buying an additional 889,912 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of ATI by 231.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock valued at $175,094,000 after buying an additional 840,455 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of ATI by 1,714.0% during the first quarter. PNC Financial Services Group Inc. now owns 831,736 shares of the basic materials company’s stock valued at $120,984,000 after buying an additional 785,885 shares during the last quarter.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 31,757 shares of ATI stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $190.99, for a total transaction of $6,065,269.43. Following the sale, the chief executive officer directly owned 125,564 shares in the company, valued at approximately $23,981,468.36. This trade represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 152,199 shares of company stock worth $28,232,700 over the last three months. Company insiders own 0.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ATI. Wells Fargo & Company restated an “overweight” rating and issued a $275.00 target price on shares of ATI in a report on Monday. Susquehanna lifted their price target on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday, August 7th. KeyCorp lifted their price target on ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research note on Wednesday. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $262.00 price objective on shares of ATI in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat, ATI has an average rating of “Buy” and an average price target of $232.00.

ATI Stock Down 0.0%

ATI opened at $230.03 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The company’s 50-day moving average is $195.41 and its 200 day moving average is $166.99. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $243.57. The firm has a market capitalization of $31.32 billion, a P/E ratio of 67.46, a PEG ratio of 1.39 and a beta of 0.98.

ATI (NYSE:ATI) last issued its quarterly earnings data 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 net margin of 10.09% and a return on equity of 29.27%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm posted $0.74 EPS. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Research analysts expect that ATI Inc. will post 5.15 earnings per share for the current fiscal 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.