Hennion & Walsh Asset Management Inc. Has $7.26 Million Position in ATI Inc. $ATI

Hennion & Walsh Asset Management Inc. raised its position in ATI Inc. (NYSE:ATI) by 18.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,829 shares of the basic materials company’s stock after buying an additional 5,617 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in ATI were worth $7,259,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. boosted its position in shares of 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 acquiring an additional 74 shares during the period. Lido Advisors LLC increased its position in ATI by 2.7% during the third quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after acquiring an additional 101 shares during the period. Signature Equity Partners LLC increased its position in ATI by 208.5% during the first 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 period. Activest Wealth Management raised its stake in ATI by 17.6% in the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after purchasing an additional 125 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in ATI by 2.0% in the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after purchasing an additional 140 shares in the last quarter.

ATI Trading Up 2.1%

Shares of ATI stock opened at $228.15 on Friday. The company has a quick ratio of 1.17, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $236.98. The company has a market capitalization of $31.14 billion, a price-to-earnings ratio of 66.91, a PEG ratio of 1.62 and a beta of 0.98. The firm’s 50-day moving average price is $192.40 and its two-hundred day moving average price is $164.47.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the company earned $0.74 EPS. The business’s revenue for the quarter 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. On average, analysts forecast that ATI Inc. will post 5.04 earnings per share 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 that occurred 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 completion of the transaction, the chief executive officer directly owned 218,014 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. Insiders have sold 192,199 shares of company stock valued at $34,601,100 over the last quarter. Company insiders own 0.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ATI shares. BTIG Research increased their target price on shares of ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Susquehanna boosted their price target on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday. KeyCorp increased their price target on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $194.00 price objective on shares of ATI in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $205.12.

Key Headlines Impacting ATI

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Quarterly results exceeded expectations: ATI reported adjusted EPS of $1.23 versus the $1.03 consensus estimate, while revenue rose 11% year over year to $1.26 billion. GAAP EPS increased 56% to $1.09, and net income rose 50% to $151 million. ATI Announces Second Quarter 2026 Results
• Positive Sentiment: Profitability is expanding: Adjusted EBITDA climbed 37% to $284 million, with the margin expanding to 22.6% from 18.2% a year earlier. Aerospace and defense sales increased 13%, supporting demand for ATI’s advanced materials. ATI Q2 Earnings Call Highlights
• Positive Sentiment: Raised outlook and strong backlog: ATI increased its full-year 2026 adjusted EPS guidance to $4.90-$5.18 from $4.20-$4.48 and forecast third-quarter EPS of $1.31-$1.37, above the $1.12 consensus. Management also cited a record $4.4 billion backlog and stronger second-half growth as its HPMC business ramps. ATI Raises 2026 Outlook
• Positive Sentiment: Analysts raised price targets: Susquehanna lifted its target to $265 and assigned a positive rating, while BTIG raised its target to $270 and upgraded ATI to Buy. The revisions reinforce optimism about sustained aerospace, defense and margin growth.
• Neutral Sentiment: ATI is trading near its 52-week high and at a comparatively elevated valuation, with a reported P/E ratio above 75, which may increase sensitivity to any earnings or guidance disappointment.
• Negative Sentiment: Insider-trading data shows 26 open-market sales and no purchases during the past six months, including sales by senior executives. This may temper sentiment, although the transactions have not offset the positive earnings reaction.

ATI 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.