Y.D. More Investments Ltd Invests $687,000 in ATI Inc. $ATI

Y.D. More Investments Ltd purchased a new stake in ATI Inc. (NYSE:ATI) in the first quarter, Holdings Channel.com reports. The fund purchased 4,725 shares of the basic materials company’s stock, valued at approximately $687,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lido Advisors LLC increased its holdings in ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after acquiring an additional 101 shares in the last quarter. Activest Wealth Management lifted its holdings in shares of ATI by 17.6% in the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after purchasing an additional 125 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of ATI by 2.0% in the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after purchasing an additional 140 shares during the last quarter. ARK Investment Management LLC increased its stake in shares of ATI by 19.8% during the 4th quarter. ARK Investment Management LLC now owns 889 shares of the basic materials company’s stock worth $102,000 after purchasing an additional 147 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in shares of ATI by 0.3% during the 4th quarter. Janus Henderson Group PLC now owns 60,508 shares of the basic materials company’s stock worth $6,945,000 after purchasing an additional 154 shares in the last quarter.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the sale, the chief executive officer directly owned 157,321 shares of the company’s stock, valued at approximately $28,775,584.11. The trade was a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 160,442 shares of company stock worth $28,535,831 in the last three months. 0.98% of the stock is owned by company insiders.

ATI Stock Down 1.8%

Shares of NYSE ATI opened at $183.69 on Tuesday. The stock has a market capitalization of $25.07 billion, a PE ratio of 60.82, a P/E/G ratio of 1.49 and a beta of 0.96. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. The firm has a fifty day moving average of $179.62 and a 200-day moving average of $154.70. ATI Inc. has a 52-week low of $70.42 and a 52-week high of $205.31.

ATI (NYSE:ATI) last posted its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company earned $0.72 EPS. The company’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. On average, analysts anticipate that ATI Inc. will post 4.47 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on ATI. JPMorgan Chase & Co. raised their price target on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. TD Cowen upped their price objective on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday. BTIG Research increased their price objective on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Susquehanna lifted their price objective on ATI from $185.00 to $215.00 and gave the stock a “positive” rating in a research report on Thursday. Finally, Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $176.78.

About ATI

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.