Ieq Capital LLC Takes $13.20 Million Position in ATI Inc. $ATI

Ieq Capital LLC purchased a new position in shares of ATI Inc. (NYSE:ATI) in the second quarter, HoldingsChannel.com reports. The fund purchased 66,949 shares of the basic materials company’s stock, valued at approximately $13,196,000.

Several other large investors have also made changes to their positions in the company. Signature Equity Partners LLC increased its stake in ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 123 shares during the last quarter. CoreCap Advisors LLC bought a new stake in ATI during the second quarter worth $30,000. Torren Management LLC bought a new stake in ATI during the fourth quarter worth $52,000. Summit Securities Group LLC acquired a new stake in shares of ATI in the 1st quarter valued at $60,000. Finally, Hollencrest Capital Management boosted its holdings in shares of ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 334 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Susquehanna lifted their price target on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. BTIG Research lifted their target price on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $275.00 target price on shares of ATI in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $232.00.

ATI Trading Down 1.1%

ATI opened at $206.84 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. ATI Inc. has a fifty-two week low of $71.94 and a fifty-two week high of $243.57. The company’s 50 day moving average price is $200.19 and its two-hundred day moving average price is $171.49. The firm has a market capitalization of $28.17 billion, a price-to-earnings ratio of 60.66, a PEG ratio of 1.25 and a beta of 0.98.

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

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $231.19, for a total value of $5,743,915.55. Following the completion of the sale, the chief executive officer owned 100,719 shares of the company’s stock, valued at approximately $23,285,225.61. This represents a 19.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 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.