Capital International Inc. CA Lowers Holdings in ATI Inc. $ATI

Capital International Inc. CA cut its position in shares of ATI Inc. (NYSE:ATI) by 9.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 414,054 shares of the basic materials company’s stock after selling 44,271 shares during the period. Capital International Inc. CA’s holdings in ATI were worth $33,679,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Capital International Investors increased its position in ATI by 2.6% during the 3rd quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock valued at $1,394,349,000 after purchasing an additional 436,131 shares during the period. Legal & General Group Plc lifted its holdings in ATI by 1.1% during the third quarter. Legal & General Group Plc now owns 239,927 shares of the basic materials company’s stock worth $19,516,000 after buying an additional 2,702 shares during the period. Swiss National Bank boosted its position in ATI by 1.4% during the 3rd quarter. Swiss National Bank now owns 273,400 shares of the basic materials company’s stock valued at $22,238,000 after acquiring an additional 3,800 shares in the last quarter. WINTON GROUP Ltd boosted its position in ATI by 1,464.7% during the 3rd quarter. WINTON GROUP Ltd now owns 97,499 shares of the basic materials company’s stock valued at $7,931,000 after acquiring an additional 91,268 shares in the last quarter. Finally, Jefferies Financial Group Inc. increased its holdings in shares of ATI by 2.2% in the 3rd quarter. Jefferies Financial Group Inc. now owns 59,340 shares of the basic materials company’s stock valued at $4,827,000 after acquiring an additional 1,275 shares during the period.

Insider Activity at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $109.48, for a total value of $5,896,811.76. Following the transaction, the chairman owned 132,676 shares in the company, valued at approximately $14,525,368.48. This trade represents a 28.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

ATI Price Performance

ATI stock opened at $156.71 on Tuesday. The stock has a market capitalization of $21.46 billion, a P/E ratio of 55.18, a P/E/G ratio of 1.49 and a beta of 0.95. The company’s fifty day moving average price is $135.12 and its 200 day moving average price is $106.73. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66. ATI Inc. has a 1 year low of $39.23 and a 1 year high of $168.14.

ATI (NYSE:ATI) last released its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. ATI had a net margin of 8.81% and a return on equity of 24.26%. The company’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, equities research analysts anticipate that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

ATI announced that its board has initiated a stock buyback program on Thursday, February 19th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have recently commented on ATI. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Susquehanna set a $155.00 price objective on shares of ATI in a research note on Wednesday, February 4th. BTIG Research increased their target price on shares of ATI from $120.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 target price on shares of ATI in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $133.00.

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.