Trust Co. of Oklahoma Purchases Shares of 3,011 ATI Inc. $ATI

Trust Co. of Oklahoma acquired a new stake in shares of ATI Inc. (NYSE:ATI) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,011 shares of the basic materials company’s stock, valued at approximately $438,000.

Several other large investors have also modified their holdings of the stock. Lido Advisors LLC boosted its position in shares of ATI by 2.7% in 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 last quarter. Activest Wealth Management increased its position in ATI by 17.6% during the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after purchasing an additional 125 shares during the last quarter. D.A. Davidson & CO. raised its stake in 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 purchasing an additional 140 shares during the period. ARK Investment Management LLC raised its stake in ATI by 19.8% during the fourth 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 during the period. Finally, Janus Henderson Group PLC boosted its holdings in shares of ATI by 0.3% in the 4th quarter. Janus Henderson Group PLC now owns 60,508 shares of the basic materials company’s stock valued at $6,945,000 after purchasing an additional 154 shares during the last quarter.

ATI Price Performance

ATI opened at $197.22 on Thursday. ATI Inc. has a 52-week low of $70.42 and a 52-week high of $205.31. The company has a 50 day moving average of $170.70 and a two-hundred day moving average of $147.13. The company has a market cap of $26.91 billion, a P/E ratio of 65.30, a P/E/G ratio of 1.72 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.

ATI (NYSE:ATI) last issued its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 EPS. 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 expect that ATI Inc. will post 4.43 earnings per share for the current year.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 3,783 shares of the firm’s 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 transaction, the chief executive officer directly owned 197,321 shares of the company’s stock, valued at $38,913,674.41. This trade represents a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders sold 120,442 shares of company stock valued at $21,219,431. 0.98% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ATI. Weiss Ratings cut shares of ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $194.00 target price on shares of ATI in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Wells Fargo & Company assumed coverage on ATI in a research note on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price target for the company. Finally, Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, ATI currently has an average rating of “Moderate Buy” and a consensus price target of $164.38.

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.