Versor Investments LP Acquires Shares of 5,700 ATI Inc. $ATI

Versor Investments LP purchased a new stake in shares of ATI Inc. (NYSE:ATI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,700 shares of the basic materials company’s stock, valued at approximately $464,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Johnson Investment Counsel Inc. boosted its stake in ATI by 6.1% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 2,624 shares of the basic materials company’s stock valued at $213,000 after purchasing an additional 150 shares during the period. Oppenheimer Asset Management Inc. bought a new stake in shares of ATI in the 3rd quarter valued at approximately $960,000. Signature Estate & Investment Advisors LLC acquired a new stake in shares of ATI during the 3rd quarter worth about $11,689,000. Smartleaf Asset Management LLC grew its stake in ATI by 12.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after buying an additional 118 shares during the last quarter. Finally, Alps Advisors Inc. acquired a new stake in shares of ATI during the third quarter worth approximately $487,000.

Insider Activity at ATI

In related news, VP Timothy J. Harris sold 10,542 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the completion of the sale, the vice president directly owned 98,310 shares of the company’s stock, valued at approximately $9,622,582.80. This represents a 9.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $93.26, for a total transaction of $242,289.48. Following the completion of the transaction, the senior vice president directly owned 21,274 shares in the company, valued at approximately $1,984,013.24. The trade was a 10.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 137,544 shares of company stock worth $14,102,044. 1.10% of the stock is owned by company insiders.

ATI Stock Up 0.6%

NYSE:ATI opened at $139.60 on Friday. The stock’s fifty day simple moving average is $119.57 and its 200-day simple moving average is $97.05. The firm has a market capitalization of $18.97 billion, a P/E ratio of 49.16, a P/E/G ratio of 1.40 and a beta of 1.02. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90. ATI Inc. has a 12-month low of $39.23 and a 12-month high of $144.50.

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

Analyst Ratings Changes

ATI has been the topic of a number of research analyst reports. Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 target price on shares of ATI in a report on Wednesday, February 4th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Finally, Susquehanna set a $155.00 price objective on shares of ATI in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $133.00.

About ATI

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.