67,987 Shares in ATI Inc. $ATI Bought by Corient Private Wealth LP

Corient Private Wealth LP bought a new stake in shares of ATI Inc. (NYSE:ATI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 67,987 shares of the basic materials company’s stock, valued at approximately $13,402,000.

Several other hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of ATI in the second quarter worth about $3,687,529,000. State Street Corp grew its stake in shares of ATI by 7.4% during the 3rd quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock valued at $491,476,000 after acquiring an additional 415,479 shares during the period. Capital Research Global Investors increased its holdings in ATI by 12.0% in the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock worth $414,481,000 after acquiring an additional 386,754 shares in the last quarter. Invesco Ltd. increased its holdings in ATI by 7.4% in the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock worth $388,454,000 after acquiring an additional 233,010 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in ATI during the 2nd quarter worth approximately $348,285,000.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the completion of the transaction, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% 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 have sold a total of 177,044 shares of company stock worth $33,976,616 in the last three months. 0.98% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $262.00 price target on shares of ATI in a report on Monday, August 10th. Wall Street Zen upgraded shares of ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. TD Cowen lifted their target price on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $275.00 target price on shares of ATI in a report on Monday, August 10th. Finally, Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. One equities research analyst has 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 presently has a consensus rating of “Buy” and a consensus target price of $232.00.

ATI Stock Down 2.0%

NYSE ATI opened at $210.29 on Friday. The stock’s 50 day moving average is $201.64 and its 200 day moving average is $174.45. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. ATI Inc. has a 12 month low of $74.45 and a 12 month high of $243.57. The stock has a market cap of $28.64 billion, a PE ratio of 61.67, a P/E/G ratio of 1.27 and a beta of 0.98.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.20. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $0.74 EPS. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Research analysts predict that ATI Inc. will post 5.15 EPS for the current fiscal year.

ATI Company 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.