Y Intercept Hong Kong Ltd Invests $4.60 Million in ATI Inc. $ATI

Y Intercept Hong Kong Ltd purchased a new stake in shares of ATI Inc. (NYSE:ATI) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 31,620 shares of the basic materials company’s stock, valued at approximately $4,599,000.

Other large investors have also made changes to their positions in the company. Capital International Investors raised its position in ATI by 2.6% during the third quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock valued at $1,394,349,000 after acquiring an additional 436,131 shares in the last quarter. Capital World Investors grew its position in ATI by 15.8% in the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after acquiring an additional 1,080,201 shares in the last quarter. State Street Corp grew its position in ATI by 7.4% in the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after acquiring an additional 415,479 shares in the last quarter. Capital Research Global Investors increased its stake in shares of ATI by 12.0% during the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock worth $414,481,000 after purchasing an additional 386,754 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of ATI by 7.4% during the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock worth $388,454,000 after purchasing an additional 233,010 shares during the last quarter.

Analysts Set New Price Targets

Several research firms recently issued reports on ATI. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. KeyCorp increased their target price on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Susquehanna raised their target price on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. Wells Fargo & Company started coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target for the company. Finally, BTIG Research upped their price target on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $168.88.

ATI Stock Down 0.0%

ATI stock opened at $188.03 on Monday. The firm has a market cap of $25.66 billion, a price-to-earnings ratio of 62.26, a P/E/G ratio of 1.61 and a beta of 0.96. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $205.31. The firm has a fifty day moving average price of $175.53 and a two-hundred day moving average price of $151.54.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm’s revenue was up .6% compared to the same quarter last year. During the same period last year, the business posted $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, analysts forecast that ATI Inc. will post 4.45 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Kimberly A. Fields sold 3,783 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total transaction of $746,045.43. Following the completion of the sale, the chief executive officer owned 197,321 shares in the company, valued at $38,913,674.41. This represents a 1.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders sold 120,442 shares of company stock worth $21,219,431. 0.98% of the stock is owned by corporate 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.