New York State Teachers Retirement System Sells 13,327 Shares of ATI Inc. $ATI

New York State Teachers Retirement System reduced its holdings in ATI Inc. (NYSE:ATI) by 9.0% during the 1st quarter, HoldingsChannel reports. The firm owned 134,642 shares of the basic materials company’s stock after selling 13,327 shares during the quarter. New York State Teachers Retirement System’s holdings in ATI were worth $19,585,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Lido Advisors LLC boosted its stake in ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 101 shares during the period. Activest Wealth Management grew its holdings in ATI by 17.6% in 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. D.A. Davidson & CO. increased its position in ATI by 2.0% in the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after buying an additional 140 shares during the period. ARK Investment Management LLC increased its position in ATI by 19.8% in the 4th quarter. ARK Investment Management LLC now owns 889 shares of the basic materials company’s stock worth $102,000 after buying an additional 147 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of ATI by 0.3% during the fourth quarter. Janus Henderson Group PLC now owns 60,508 shares of the basic materials company’s stock worth $6,945,000 after buying an additional 154 shares during the last quarter.

Wall Street Analyst Weigh In

ATI has been the subject of several research reports. Wells Fargo & Company assumed coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Susquehanna upped their target price on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. Weiss Ratings downgraded shares of ATI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Finally, KeyCorp raised their price target on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $168.88.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of ATI stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the sale, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 120,442 shares of company stock valued at $21,219,431 over the last three months. 0.98% of the stock is owned by company insiders.

ATI Price Performance

Shares of ATI stock opened at $188.03 on Friday. The stock has a 50 day moving average of $175.53 and a two-hundred day moving average of $151.24. 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 Inc. has a 12 month low of $70.42 and a 12 month high of $205.31. The company has a market capitalization of $25.66 billion, a P/E ratio of 62.26, a P/E/G ratio of 1.61 and a beta of 0.96.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.12. The company 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%.ATI’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, equities analysts expect that ATI Inc. will post 4.45 EPS 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.