Oarsman Capital Inc. Acquires New Holdings in ATI Inc. $ATI

Oarsman Capital Inc. acquired a new stake in ATI Inc. (NYSE:ATI) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,570 shares of the basic materials company’s stock, valued at approximately $308,000.

A number of other institutional investors have also made changes to their positions in ATI. WPG Advisers LLC bought a new position in shares of ATI in the 1st quarter valued at approximately $29,000. Golden State Wealth Management LLC raised its stake in shares of ATI by 104.1% in the 1st quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 304 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of ATI by 79.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 171 shares in the last quarter. Signaturefd LLC raised its stake in shares of ATI by 117.7% in the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 206 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in ATI by 139.9% in the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after buying an additional 386 shares during the period.

ATI Price Performance

Shares of NYSE:ATI opened at $103.08 on Thursday. ATI Inc. has a 1-year low of $39.23 and a 1-year high of $103.64. The firm has a market capitalization of $14.21 billion, a PE ratio of 33.36, a PEG ratio of 1.41 and a beta of 1.29. The business’s 50 day moving average is $80.84 and its 200-day moving average is $78.09. The company has a current ratio of 2.50, a quick ratio of 1.20 and a debt-to-equity ratio of 0.94.

ATI (NYSE:ATI) last announced its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.10. ATI had a return on equity of 23.34% and a net margin of 9.71%.The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the firm earned $0.60 EPS. ATI’s revenue for the quarter was up 7.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. Sell-side analysts predict that ATI Inc. will post 2.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Zacks Research raised ATI to a “hold” rating in a research report on Tuesday, August 12th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $98.00 price target on ATI in a research report on Wednesday, October 8th. Finally, Susquehanna lifted their price target on ATI from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, ATI presently has an average rating of “Moderate Buy” and an average price target of $93.71.

Insider Transactions at ATI

In other news, CEO Kimberly A. Fields sold 21,153 shares of ATI stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $85.87, for a total transaction of $1,816,408.11. Following the sale, the chief executive officer owned 202,668 shares of the company’s stock, valued at approximately $17,403,101.16. This trade represents a 9.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David J. Morehouse sold 7,900 shares of ATI stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $75.81, for a total value of $598,899.00. Following the sale, the director directly owned 44,777 shares in the company, valued at $3,394,544.37. The trade was a 15.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 136,460 shares of company stock valued at $10,750,979. 1.10% of the stock is owned by corporate insiders.

ATI Company 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.