Kestra Private Wealth Services LLC lifted its holdings in shares of ATI Inc. (NYSE:ATI – Free Report) by 33.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,011 shares of the basic materials company’s stock after purchasing an additional 3,260 shares during the period. Kestra Private Wealth Services LLC’s holdings in ATI were worth $1,893,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC grew its holdings in ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after buying an additional 225 shares during the last quarter. Allworth Financial LP lifted its position in shares of 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 acquiring an additional 180 shares in the last quarter. Torren Management LLC acquired a new stake in shares of ATI during the fourth quarter valued at $52,000. ARK Investment Management LLC boosted its stake in shares of ATI by 378.7% during the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 587 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in ATI by 137.3% during the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 346 shares in the last quarter.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. KeyCorp lifted their price target on shares of ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Weiss Ratings downgraded shares of ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. Finally, Wells Fargo & Company initiated coverage on shares of ATI in a research report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, ATI has a consensus rating of “Buy” and an average target price of $164.38.
Insider Activity
In related news, CEO Kimberly A. Fields sold 3,783 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $197.21, for a total value of $746,045.43. Following the completion of the sale, the chief executive officer directly owned 197,321 shares in the company, valued at approximately $38,913,674.41. The trade was a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 120,442 shares of company stock valued at $21,219,431 over the last 90 days. 0.98% of the stock is currently owned by company insiders.
ATI Stock Performance
ATI stock opened at $197.10 on Monday. The stock has a fifty day moving average price of $172.24 and a 200 day moving average price of $148.52. ATI Inc. has a 52 week low of $70.42 and a 52 week high of $205.31. The firm has a market capitalization of $26.90 billion, a P/E ratio of 65.26, a PEG ratio of 1.70 and a beta of 0.96. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95.
ATI (NYSE:ATI – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. The firm 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%.The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period last 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. Equities research analysts anticipate that ATI Inc. will post 4.43 earnings per share for the current 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.
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