Dimensional Fund Advisors LP Has $198.72 Million Holdings in ATI Inc. $ATI

Dimensional Fund Advisors LP lessened its stake in shares of ATI Inc. (NYSE:ATI) by 35.7% during the 1st quarter, HoldingsChannel reports. The firm owned 1,366,804 shares of the basic materials company’s stock after selling 759,172 shares during the quarter. Dimensional Fund Advisors LP’s holdings in ATI were worth $198,719,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Summit Securities Group LLC bought a new stake in ATI during the first quarter valued at about $60,000. Torren Management LLC acquired a new position in shares of ATI during the 4th quarter worth about $52,000. Allworth Financial LP lifted its position in shares of ATI by 50.8% during the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 180 shares during the last quarter. Clearstead Advisors LLC boosted its stake in ATI by 137.3% during the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after purchasing an additional 346 shares during the period. Finally, IFP Advisors Inc grew its holdings in ATI by 5,250.0% in the 4th quarter. IFP Advisors Inc now owns 642 shares of the basic materials company’s stock valued at $74,000 after buying an additional 630 shares during the last quarter.

Wall Street Analysts Forecast Growth

ATI has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price target on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Susquehanna increased their target price on shares of ATI from $185.00 to $215.00 and gave the company a “positive” rating in a research note on Thursday, July 9th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a report on Monday, July 20th. KeyCorp boosted their price target on shares of ATI from $175.00 to $211.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Finally, Wells Fargo & Company began coverage on shares of ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $176.78.

ATI Stock Performance

NYSE ATI opened at $197.47 on Friday. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31. The company has a 50 day moving average of $185.32 and a 200-day moving average of $159.20. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm has a market cap of $26.95 billion, a price-to-earnings ratio of 65.39, a PEG ratio of 1.59 and a beta of 0.96.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior 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, equities analysts forecast that ATI Inc. will post 4.49 earnings per share for the current fiscal year.

Insider Buying and Selling at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer directly owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold 160,442 shares of company stock valued at $28,535,831 over the last ninety days. Insiders own 0.98% of the company’s stock.

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.