Intech Investment Management LLC Grows Stock Position in ATI Inc. $ATI

Intech Investment Management LLC increased its holdings in shares of ATI Inc. (NYSE:ATI) by 104.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,458 shares of the basic materials company’s stock after buying an additional 29,838 shares during the quarter. Intech Investment Management LLC’s holdings in ATI were worth $3,042,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ATI. Forest Avenue Capital Management LP purchased a new position in ATI during the first quarter worth about $44,867,000. Woodline Partners LP lifted its position in ATI by 132.0% during the fourth quarter. Woodline Partners LP now owns 991,741 shares of the basic materials company’s stock worth $54,585,000 after buying an additional 564,308 shares during the period. Senator Investment Group LP lifted its position in ATI by 68.7% during the first quarter. Senator Investment Group LP now owns 1,212,500 shares of the basic materials company’s stock worth $63,086,000 after buying an additional 493,944 shares during the period. Trexquant Investment LP purchased a new position in ATI during the first quarter worth about $21,807,000. Finally, Northern Trust Corp lifted its position in ATI by 33.4% during the first quarter. Northern Trust Corp now owns 1,262,761 shares of the basic materials company’s stock worth $65,701,000 after buying an additional 316,090 shares during the period.

ATI Price Performance

Shares of NYSE ATI opened at $76.33 on Monday. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $96.20. The business has a 50 day moving average price of $81.12 and a two-hundred day moving average price of $70.72. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. The firm has a market cap of $10.52 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 1.04 and a beta of 1.27.

ATI (NYSE:ATI) last issued its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. ATI had a return on equity of 21.34% and a net margin of 9.26%.The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm earned $0.60 EPS. ATI’s quarterly revenue was up 4.1% on a year-over-year basis. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. Sell-side analysts expect that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling at ATI

In other ATI news, CEO Kimberly A. Fields sold 15,941 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $77.52, for a total transaction of $1,235,746.32. Following the transaction, the chief executive officer owned 265,287 shares of the company’s stock, valued at $20,565,048.24. This trade represents a 5.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David J. Morehouse sold 7,900 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $75.81, for a total value of $598,899.00. Following the transaction, the director directly owned 44,777 shares in the company, valued at approximately $3,394,544.37. This represents a 15.00% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 73,841 shares of company stock worth $5,567,645 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ATI shares. Citigroup upgraded ATI to a “positive” rating in a research report on Tuesday, May 20th. KeyCorp lowered ATI from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, May 20th. Deutsche Bank Aktiengesellschaft set a $115.00 price target on ATI and gave the stock a “hold” rating in a research note on Tuesday, July 8th. BTIG Research restated a “buy” rating and set a $120.00 price target on shares of ATI in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price target on ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $93.29.

ATI Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.