ATI Inc. $ATI Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC grew its holdings in shares of ATI Inc. (NYSE:ATI) by 233.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 90,781 shares of the basic materials company’s stock after buying an additional 63,518 shares during the period. Hsbc Holdings PLC’s holdings in ATI were worth $10,499,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. True Wealth Design LLC lifted its stake in shares of ATI by 642.9% in the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 225 shares during the period. Torren Management LLC purchased a new position in ATI in the fourth quarter valued at about $52,000. Allworth Financial LP increased its holdings in ATI by 50.8% in the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after buying an additional 180 shares in the last quarter. Clearstead Advisors LLC grew its holdings in shares of ATI by 137.3% in the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock worth $69,000 after acquiring an additional 346 shares during the period. Finally, IFP Advisors Inc grew its holdings in shares of ATI by 5,250.0% in the 4th quarter. IFP Advisors Inc now owns 642 shares of the basic materials company’s stock worth $74,000 after acquiring an additional 630 shares during the period.

Insider Activity

In other news, CEO Kimberly A. Fields sold 3,783 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total transaction of $746,045.43. Following the sale, the chief executive officer owned 197,321 shares in the company, 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 Securities & Exchange Commission, which is available through this link. Insiders sold a total of 120,442 shares of company stock worth $21,219,431 in the last 90 days. 0.98% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ATI shares. KeyCorp lifted their price objective on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price target on shares of ATI in a research report on Friday, May 1st. BTIG Research lifted their price target on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Wells Fargo & Company assumed coverage on shares of ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective on the stock. Finally, Susquehanna raised their target price on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $168.88.

ATI Stock Performance

Shares of ATI opened at $185.43 on Thursday. ATI Inc. has a 1 year low of $70.42 and a 1 year high of $205.31. The company’s 50 day simple moving average is $177.50 and its 200 day simple moving average is $153.19. The company has a market capitalization of $25.31 billion, a price-to-earnings ratio of 61.40, a PEG ratio of 1.57 and a beta of 0.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67.

ATI (NYSE:ATI) last released its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.88 by $0.12. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. ATI’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company earned $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, sell-side analysts predict that ATI Inc. will post 4.45 EPS for the current 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.