UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 73,534 Shares of ATI Inc. $ATI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of ATI Inc. (NYSE:ATI) by 20.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 428,271 shares of the basic materials company’s stock after purchasing an additional 73,534 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in ATI were worth $84,412,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Signature Equity Partners LLC increased its stake in shares of ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 123 shares during the last quarter. CoreCap Advisors LLC acquired a new position in ATI during the second quarter worth approximately $30,000. Summit Securities Group LLC bought a new stake in ATI in the first quarter valued at approximately $60,000. Hollencrest Capital Management raised its stake in ATI by 283.1% in the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after buying an additional 334 shares during the period. Finally, Clearstead Advisors LLC lifted its position in shares of ATI by 137.3% in the fourth quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after buying an additional 346 shares during the last quarter.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 40,000 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $182.91, for a total value of $7,316,400.00. Following the transaction, the chief executive officer directly owned 157,321 shares in the company, valued at approximately $28,775,584.11. This represents a 20.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Timothy J. Harris sold 16,500 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $210.01, for a total transaction of $3,465,165.00. Following the transaction, the vice president directly owned 130,187 shares in the company, valued at approximately $27,340,571.87. This represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 133,795 shares of company stock worth $26,742,527 in the last quarter. Company insiders own 0.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wells Fargo & Company reiterated an “overweight” rating and set a $275.00 target price on shares of ATI in a research note on Monday, August 10th. TD Cowen increased their price target on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Susquehanna lifted their price objective on shares of ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Finally, Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $232.00.

ATI Trading Up 0.2%

Shares of NYSE:ATI opened at $201.26 on Thursday. 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 $27.41 billion, a PE ratio of 59.02, a P/E/G ratio of 1.22 and a beta of 1.01. The business has a 50 day moving average of $201.75 and a 200-day moving average of $176.07. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI) last announced its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the company 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, equities research analysts forecast that ATI Inc. will post 5.12 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.