ATI Inc. $ATI Shares Purchased by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. grew its position in shares of ATI Inc. (NYSE:ATI) by 123.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 261,280 shares of the basic materials company’s stock after acquiring an additional 144,441 shares during the period. ATI comprises about 2.5% of Keystone Investors PTE Ltd.’s holdings, making the stock its 13th largest position. Keystone Investors PTE Ltd.’s holdings in ATI were worth $21,253,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Sequoia Financial Advisors LLC grew its holdings in shares of ATI by 2.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock worth $360,000 after purchasing an additional 102 shares during the period. 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 period. Johnson Investment Counsel Inc. grew its stake in ATI by 6.1% during the third quarter. Johnson Investment Counsel Inc. now owns 2,624 shares of the basic materials company’s stock worth $213,000 after buying an additional 150 shares during the period. SG Americas Securities LLC increased its position in shares of ATI by 0.7% in the second quarter. SG Americas Securities LLC now owns 23,636 shares of the basic materials company’s stock worth $2,041,000 after acquiring an additional 160 shares in the last quarter. Finally, ProShare Advisors LLC raised its stake in shares of ATI by 2.9% in the 2nd quarter. ProShare Advisors LLC now owns 6,254 shares of the basic materials company’s stock valued at $540,000 after acquiring an additional 176 shares during the period.

Analyst Ratings Changes

A number of analysts recently weighed in on ATI shares. KeyCorp upped their price target on shares of ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Alembic Global Advisors began coverage on ATI in a research note on Thursday, January 15th. They issued an “overweight” rating and a $141.00 target price for the company. Susquehanna set a $155.00 target price on ATI in a report on Wednesday, February 4th. Finally, BTIG Research upped their price target on ATI from $120.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $133.00.

ATI Trading Down 0.1%

NYSE:ATI opened at $163.43 on Friday. The stock has a market cap of $22.38 billion, a price-to-earnings ratio of 57.55, a price-to-earnings-growth ratio of 1.65 and a beta of 1.02. ATI Inc. has a one year low of $39.23 and a one year high of $164.26. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66. The business’s 50-day simple moving average is $130.18 and its 200 day simple moving average is $102.74.

ATI (NYSE:ATI) last issued its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm had revenue of $1.18 billion during 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% on a year-over-year basis. 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, sell-side analysts predict that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

ATI announced that its board has authorized a stock buyback program on Thursday, February 19th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the basic materials company to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insider Activity

In related news, Chairman Robert S. Wetherbee sold 53,862 shares of ATI stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total value of $5,896,811.76. Following the completion of the sale, the chairman owned 132,676 shares in the company, valued at approximately $14,525,368.48. The trade was a 28.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

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.