6,548 Shares in ATI Inc. $ATI Acquired by Cetera Trust Company N.A

Cetera Trust Company N.A purchased a new stake in ATI Inc. (NYSE:ATI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,548 shares of the basic materials company’s stock, valued at approximately $1,291,000.

Other hedge funds have also recently bought and sold shares of the company. Meeder Asset Management Inc. boosted its stake in shares of ATI by 2.8% in the 1st 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 in the last quarter. Lido Advisors LLC grew 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 worth $308,000 after purchasing an additional 101 shares during the last quarter. Signature Equity Partners LLC increased its position 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 in the last quarter. Activest Wealth Management lifted its holdings in 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 purchasing an additional 125 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after purchasing an additional 140 shares during the last quarter.

ATI Trading Up 1.4%

ATI opened at $209.95 on Tuesday. ATI Inc. has a 1-year low of $73.00 and a 1-year high of $243.57. The stock has a market capitalization of $28.59 billion, a PE ratio of 61.57, a PEG ratio of 1.25 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. The firm has a 50-day moving average price of $200.48 and a two-hundred day moving average price of $172.42.

ATI (NYSE:ATI) last announced its earnings results 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. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. ATI’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business 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 analysts anticipate that ATI Inc. will post 5.15 earnings per share for the current fiscal year.

Insider Activity

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ATI shares. JPMorgan Chase & Co. boosted their price target on shares of ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $262.00 target price on shares of ATI in a research note on Monday, August 10th. Wells Fargo & Company reissued an “overweight” rating and issued a $275.00 target price on shares of ATI in a report on Monday, August 10th. Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $232.00.

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.