Keybank National Association OH Sells 3,290 Shares of ATI Inc. $ATI

Keybank National Association OH lowered its holdings in shares of ATI Inc. (NYSE:ATI) by 36.1% during the first quarter, Holdings Channel reports. The institutional investor owned 5,825 shares of the basic materials company’s stock after selling 3,290 shares during the quarter. Keybank National Association OH’s holdings in ATI were worth $847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in ATI. Wealth Enhancement Advisory Services LLC raised its position in ATI by 53.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,648 shares of the basic materials company’s stock worth $3,103,000 after purchasing an additional 8,939 shares in the last quarter. Nordea Investment Management AB acquired a new stake in ATI during the fourth quarter valued at approximately $6,114,000. Northwestern Mutual Wealth Management Co. boosted its holdings in ATI by 456.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,617 shares of the basic materials company’s stock valued at $14,875,000 after purchasing an additional 106,343 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of ATI by 65.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 25,214 shares of the basic materials company’s stock valued at $2,894,000 after purchasing an additional 10,004 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of ATI by 1,062.0% in the 4th quarter. SG Americas Securities LLC now owns 68,417 shares of the basic materials company’s stock valued at $7,852,000 after purchasing an additional 62,529 shares during the period.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 3,783 shares of ATI stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total value of $746,045.43. Following the completion of the transaction, the chief executive officer directly owned 197,321 shares of the company’s stock, valued at $38,913,674.41. The trade was a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 120,442 shares of company stock valued at $21,219,431 in the last three months. Company insiders own 0.98% of the company’s stock.

Analyst Upgrades and Downgrades

ATI has been the subject of several analyst reports. KeyCorp raised their target price on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Wells Fargo & Company began coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 target price on shares of ATI in a research note on Friday, May 1st. Finally, Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $168.88.

ATI Stock Down 4.7%

Shares of ATI opened at $182.99 on Wednesday. The company has a market capitalization of $24.97 billion, a P/E ratio of 60.59, a PEG ratio of 1.65 and a beta of 0.96. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. ATI Inc. has a one year low of $70.42 and a one year high of $205.31. The business’s 50 day simple moving average is $176.86 and its 200-day simple moving average is $152.66.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the firm posted $0.72 EPS. The business’s revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, sell-side analysts predict that ATI Inc. will post 4.45 EPS for the current fiscal year.

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.