WINTON GROUP Ltd Increases Stake in ATI Inc. $ATI

WINTON GROUP Ltd grew its holdings in ATI Inc. (NYSE:ATI) by 1,464.7% during the 3rd quarter, Holdings Channel reports. The fund owned 97,499 shares of the basic materials company’s stock after buying an additional 91,268 shares during the period. WINTON GROUP Ltd’s holdings in ATI were worth $7,931,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. grew its position in shares of ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 402 shares during the period. Prestige Wealth Management Group LLC bought a new position in ATI in the 3rd quarter worth $34,000. ARK Investment Management LLC raised its holdings in ATI by 378.7% in the 3rd quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock worth $60,000 after purchasing an additional 587 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in ATI by 56.5% during the second quarter. Nomura Asset Management Co. Ltd. now owns 720 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 260 shares in the last quarter. Finally, Optiver Holding B.V. grew its holdings in ATI by 274.0% during the third quarter. Optiver Holding B.V. now owns 864 shares of the basic materials company’s stock valued at $70,000 after purchasing an additional 633 shares during the period.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. KeyCorp lifted their price objective on ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Susquehanna set a $155.00 target price on shares of ATI in a report on Wednesday, February 4th. Alembic Global Advisors assumed coverage on shares of ATI in a research note on Thursday, January 15th. They set an “overweight” rating and a $141.00 target price on the stock. Finally, BTIG Research lifted their price target on shares of ATI from $120.00 to $165.00 and gave the company 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 given a Buy rating to the company’s stock. Based on data from MarketBeat, ATI has an average rating of “Buy” and an average price target of $133.00.

ATI Stock Down 2.7%

Shares of ATI opened at $150.01 on Monday. The business’s 50 day moving average is $134.31 and its 200 day moving average is $106.13. The company has a current ratio of 2.66, a quick ratio of 1.27 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 $168.14. The company has a market capitalization of $20.54 billion, a PE ratio of 52.82, a price-to-earnings-growth ratio of 1.49 and a beta of 0.95.

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

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

Insider Buying and Selling at ATI

In related news, Chairman Robert S. Wetherbee sold 53,862 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the completion of the transaction, the chairman directly owned 132,676 shares of the company’s stock, valued at approximately $14,525,368.48. This trade represents a 28.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate 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.