36,988 Shares in ATI Inc. $ATI Purchased by Danske Bank A S

Danske Bank A S bought a new position in ATI Inc. (NYSE:ATI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 36,988 shares of the basic materials company’s stock, valued at approximately $7,290,000.

A number of other institutional investors have also made changes to their positions in ATI. Meeder Asset Management Inc. increased its stake in ATI by 2.8% during the first quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock valued at $401,000 after purchasing an additional 74 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of ATI by 2.7% in the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after buying an additional 101 shares during the period. Signature Equity Partners LLC boosted its holdings in shares of ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares during the period. Activest Wealth Management grew its position in shares of ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after buying an additional 125 shares during the last quarter. Finally, 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 acquiring an additional 140 shares during the period.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ATI shares. BTIG Research lifted their target price on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Susquehanna increased their price target on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. KeyCorp boosted their price objective on ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. One 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.com, ATI currently has an average rating of “Buy” and a consensus target price of $232.00.

ATI Stock Performance

ATI opened at $206.84 on Friday. The business’s 50 day moving average is $200.19 and its 200-day moving average is $171.49. The stock has a market cap of $28.17 billion, a PE ratio of 60.66, a price-to-earnings-growth ratio of 1.26 and a beta of 0.98. 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 twelve month low of $71.94 and a twelve month high of $243.57.

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

Insider Activity

In other news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the transaction, the chief executive officer directly owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 177,044 shares of company stock valued at $33,976,616 over the last ninety days. Corporate insiders own 0.98% of the company’s stock.

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.