GSA Capital Partners LLP Makes New $1.63 Million Investment in ATI Inc. $ATI

GSA Capital Partners LLP bought a new stake in shares of ATI Inc. (NYSE:ATI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,292 shares of the basic materials company’s stock, valued at approximately $1,634,000.

Other hedge funds have also recently modified their holdings of the company. Signature Equity Partners LLC lifted 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 acquiring an additional 123 shares during the last quarter. CoreCap Advisors LLC bought a new position in ATI in the 2nd quarter valued at $30,000. Torren Management LLC bought a new position in ATI in the 4th quarter valued at $52,000. Summit Securities Group LLC purchased a new stake in ATI in the first quarter worth $60,000. Finally, Hollencrest Capital Management increased its stake in ATI by 283.1% in the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 334 shares during the period.

ATI Stock Up 0.1%

Shares of NYSE ATI opened at $228.76 on Monday. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $243.57. The stock’s fifty day simple moving average is $197.35 and its two-hundred day simple moving average is $168.46. The stock has a market capitalization of $31.15 billion, a PE ratio of 67.08, a price-to-earnings-growth ratio of 1.38 and a beta of 0.98. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.74 EPS. 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, analysts expect that ATI Inc. will post 5.15 EPS for the current fiscal year.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer directly owned 218,014 shares in the company, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 152,199 shares of company stock valued at $28,232,700 in the last 90 days. 0.98% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ATI shares. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. TD Cowen raised their price target 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. Wells Fargo & Company reiterated an “overweight” rating and set a $275.00 price objective on shares of ATI in a report on Monday, August 10th. BTIG Research boosted their price objective on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $232.00.

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.