Sequoia Financial Advisors LLC Purchases 144 Shares of ATI Inc. $ATI

Sequoia Financial Advisors LLC raised its position in shares of ATI Inc. (NYSE:ATI) by 3.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,322 shares of the basic materials company’s stock after acquiring an additional 144 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in ATI were worth $373,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ATI. WPG Advisers LLC bought a new stake in ATI during the 1st quarter valued at approximately $29,000. Golden State Wealth Management LLC boosted its position in shares of ATI by 104.1% in the 1st quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 304 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of ATI by 79.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 171 shares in the last quarter. Signaturefd LLC boosted its position in shares of ATI by 117.7% in the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 206 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of ATI by 139.9% in the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 386 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ATI shares. JPMorgan Chase & Co. boosted their price target on ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Zacks Research raised ATI to a “hold” rating in a research report on Tuesday, August 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a research report on Wednesday, October 8th. BTIG Research restated a “buy” rating and issued a $120.00 price objective on shares of ATI in a report on Friday, September 12th. Finally, Susquehanna decreased their price objective on shares of ATI from $105.00 to $100.00 and set a “positive” rating for the company in a report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $90.86.

ATI Price Performance

Shares of ATI opened at $84.37 on Wednesday. The firm has a market cap of $11.63 billion, a PE ratio of 29.29, a P/E/G ratio of 1.21 and a beta of 1.29. The company has a current ratio of 2.52, a quick ratio of 1.20 and a debt-to-equity ratio of 0.92. The firm has a fifty day simple moving average of $78.50 and a two-hundred day simple moving average of $75.90. ATI Inc. has a 1-year low of $39.23 and a 1-year high of $96.20.

ATI (NYSE:ATI) last announced its earnings results 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. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. ATI had a net margin of 9.26% and a return on equity of 21.34%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 EPS. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. On average, equities analysts anticipate that ATI Inc. will post 2.89 EPS for the current year.

Insider Transactions at ATI

In other news, Chairman Robert S. Wetherbee sold 50,000 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $74.66, for a total value of $3,733,000.00. Following the completion of the sale, the chairman directly owned 306,538 shares in the company, valued at $22,886,127.08. This represents a 14.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Kimberly A. Fields sold 21,153 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $85.87, for a total value of $1,816,408.11. Following the completion of the sale, the chief executive officer owned 202,668 shares of the company’s stock, valued at $17,403,101.16. This trade represents a 9.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 136,460 shares of company stock worth $10,750,979 in the last three months. Corporate insiders own 1.10% of the company’s stock.

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.