Wealth Enhancement Advisory Services LLC Grows Stake in ATI Inc. $ATI

Wealth Enhancement Advisory Services LLC boosted its position in shares of ATI Inc. (NYSE:ATI) by 53.5% during the fourth quarter, Holdings Channel reports. The firm owned 25,648 shares of the basic materials company’s stock after buying an additional 8,939 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ATI were worth $3,103,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. purchased a new stake in shares of ATI in the 3rd quarter worth about $3,664,000. Channing Capital Management LLC raised its position in ATI by 34.2% during the third quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock worth $90,219,000 after acquiring an additional 282,529 shares during the last quarter. Nordea Investment Management AB purchased a new stake in shares of ATI in the fourth quarter valued at about $6,114,000. Intech Investment Management LLC grew its position in shares of ATI by 96.6% in the third quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company’s stock valued at $4,237,000 after purchasing an additional 25,590 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of ATI by 27.4% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 39,682 shares of the basic materials company’s stock worth $3,228,000 after purchasing an additional 8,532 shares in the last quarter.

ATI Trading Up 6.8%

Shares of ATI stock opened at $144.66 on Wednesday. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $168.14. The business’s fifty day moving average is $143.38 and its two-hundred day moving average is $114.65. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90. The firm has a market cap of $19.74 billion, a PE ratio of 50.94, a P/E/G ratio of 1.34 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 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 the consensus estimate of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.The business’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Analysts anticipate that ATI Inc. will post 2.89 earnings per share for the current year.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ATI shares. Susquehanna set a $155.00 target price on ATI in a report on Wednesday, February 4th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $150.00 price objective on shares of ATI in a research note on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of ATI from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. One investment analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $134.00.

Insider Buying and Selling

In other news, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the transaction, the director owned 38,168 shares of the company’s stock, valued at $5,887,414. This represents a 14.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is owned by company insiders.

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.