WINTON GROUP Ltd Buys 4,494 Shares of ATI Inc. $ATI

WINTON GROUP Ltd lifted its stake in ATI Inc. (NYSE:ATI) by 50.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,394 shares of the basic materials company’s stock after purchasing an additional 4,494 shares during the quarter. WINTON GROUP Ltd’s holdings in ATI were worth $2,640,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Signature Equity Partners LLC raised its holdings in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares during the period. CoreCap Advisors LLC bought a new position in ATI during the second quarter valued at $30,000. Summit Securities Group LLC bought a new position in ATI during the first quarter valued at $60,000. Triumph Capital Management raised its stake in shares of ATI by 22.4% in the second quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after acquiring an additional 58 shares during the period. Finally, Hollencrest Capital Management raised its stake in shares of ATI by 283.1% in the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after acquiring an additional 334 shares during the period.

Insider Buying and Selling

In other ATI news, Director David J. Morehouse sold 2,485 shares of ATI stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total transaction of $501,000.85. Following the completion of the sale, the director directly owned 35,826 shares of the company’s stock, valued at $7,222,879.86. The trade was a 6.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kimberly A. Fields sold 40,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total value of $7,316,400.00. Following the completion of the sale, the chief executive officer owned 157,321 shares of the company’s stock, valued at $28,775,584.11. This represents a 20.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 152,780 shares of company stock valued at $30,667,938 over the last quarter. 0.98% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ATI shares. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. TD Cowen raised their price objective on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $262.00 target price on shares of ATI in a research report on Monday, August 10th. Finally, BTIG Research increased their price target on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. Based on data from MarketBeat.com, ATI currently has an average rating of “Buy” and a consensus price target of $232.00.

ATI Trading Down 0.1%

Shares of ATI opened at $198.71 on Friday. The firm has a market capitalization of $27.06 billion, a price-to-earnings ratio of 58.27, a PEG ratio of 1.21 and a beta of 1.01. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. ATI Inc. has a 1-year low of $75.02 and a 1-year high of $243.57. The company has a 50-day moving average of $203.34 and a 200 day moving average of $178.63.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period last year, the company posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, research analysts expect that ATI Inc. will post 5.11 EPS for the current year.

ATI Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.

ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.

The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc’s specialty metals operations and adopted the name ATI Inc in 2021.