Voya Investment Management LLC Has $5.69 Million Stock Holdings in ATI Inc. $ATI

Voya Investment Management LLC grew its holdings in ATI Inc. (NYSE:ATI) by 87.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,334 shares of the basic materials company’s stock after buying an additional 51,143 shares during the period. Voya Investment Management LLC owned 0.08% of ATI worth $5,689,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas acquired a new position in ATI in the 1st quarter valued at $1,243,000. Bank of New York Mellon Corp raised its holdings in ATI by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 902,200 shares of the basic materials company’s stock valued at $46,941,000 after acquiring an additional 11,048 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of ATI by 39.2% in the 1st quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company’s stock valued at $181,000 after purchasing an additional 979 shares during the last quarter. KBC Group NV increased its stake in shares of ATI by 14.2% in the 1st quarter. KBC Group NV now owns 5,779 shares of the basic materials company’s stock valued at $301,000 after purchasing an additional 720 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in ATI by 139.9% during the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 386 shares during the last quarter.

Insider Transactions at ATI

In related news, Director David J. Morehouse sold 7,900 shares of the stock in a transaction 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 sale, the director owned 44,777 shares in the company, valued at approximately $3,394,544.37. This trade represents a 15.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Robert S. Wetherbee sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $74.66, for a total value of $3,733,000.00. Following the sale, the chairman owned 306,538 shares in the company, valued at $22,886,127.08. The trade was a 14.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold 73,841 shares of company stock valued at $5,567,645 over the last three months. Company insiders own 1.10% of the company’s stock.

ATI Price Performance

Shares of NYSE ATI opened at $80.50 on Friday. The stock has a fifty day simple moving average of $80.41 and a two-hundred day simple moving average of $71.12. ATI Inc. has a 1-year low of $39.23 and a 1-year high of $96.20. The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 27.95, a price-to-earnings-growth ratio of 1.07 and a beta of 1.27. The company has a current ratio of 2.52, a quick ratio of 1.20 and a debt-to-equity ratio of 0.92.

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

Analyst Ratings Changes

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. upped their price target on ATI from $75.00 to $92.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Zacks Research raised ATI to a “hold” rating in a research note on Tuesday, August 12th. Susquehanna dropped their price objective on ATI from $105.00 to $100.00 and set a “positive” rating on the stock in a research note on Friday, August 1st. Barclays upped their price target on ATI from $75.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Finally, 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. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ATI has a consensus rating of “Moderate Buy” and a consensus target price of $93.29.

About ATI

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.