ATI Inc. $ATI Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in ATI Inc. (NYSE:ATI) by 18.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,536 shares of the basic materials company’s stock after buying an additional 4,262 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in ATI were worth $3,160,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lido Advisors LLC grew its stake 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 purchasing an additional 101 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of ATI by 12.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock valued at $86,000 after purchasing an additional 118 shares in the last quarter. Activest Wealth Management boosted its stake in shares of ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after buying an additional 125 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of ATI by 2.0% during the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after buying an additional 140 shares in the last quarter. Finally, Johnson Investment Counsel Inc. increased its stake in shares of ATI by 6.1% in the third quarter. Johnson Investment Counsel Inc. now owns 2,624 shares of the basic materials company’s stock worth $213,000 after buying an additional 150 shares during the last quarter.

ATI Stock Up 0.7%

ATI stock opened at $181.17 on Friday. The firm has a market cap of $24.72 billion, a price-to-earnings ratio of 59.99, a PEG ratio of 1.55 and a beta of 0.96. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $183.30. The firm has a fifty day moving average price of $158.29 and a two-hundred day moving average price of $137.73. 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 (NYSE:ATI) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the business posted $0.72 EPS. The company’s quarterly 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. Research analysts predict that ATI Inc. will post 4.43 EPS for the current year.

ATI announced that its Board of Directors has authorized a stock buyback program on Thursday, February 19th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the basic materials company to repurchase up to 2.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Susquehanna increased their price objective on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. 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. KeyCorp increased their price target on shares of ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, BTIG Research upped 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $164.38.

Insider Buying and Selling

In related news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the sale, the chief executive officer owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David J. Morehouse sold 6,609 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the transaction, the director owned 38,168 shares of the company’s stock, valued at $5,887,414. This represents a 14.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 106,358 shares of company stock valued at $18,087,092. 0.98% of the stock is currently owned by insiders.

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.