5,990 Shares in ATI Inc. $ATI Purchased by Alps Advisors Inc.

Alps Advisors Inc. bought a new stake in ATI Inc. (NYSE:ATI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,990 shares of the basic materials company’s stock, valued at approximately $487,000.

Several other hedge funds also recently made changes to their positions in ATI. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of ATI in the third quarter worth $2,842,000. J.W. Cole Advisors Inc. bought a new stake in ATI during the 3rd quarter worth about $203,000. Envestnet Asset Management Inc. boosted its stake in shares of ATI by 11.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 55,552 shares of the basic materials company’s stock worth $4,519,000 after buying an additional 5,910 shares during the last quarter. Bank of Marin acquired a new position in shares of ATI during the 3rd quarter worth about $559,000. Finally, State of Wyoming bought a new position in shares of ATI in the 3rd quarter valued at about $122,000.

ATI Stock Performance

NYSE:ATI opened at $143.65 on Friday. The company has a market cap of $19.52 billion, a price-to-earnings ratio of 50.58, a PEG ratio of 1.41 and a beta of 1.02. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $144.50. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66. The stock has a fifty day moving average price of $120.43 and a 200-day moving average price of $97.39.

ATI (NYSE:ATI) last posted its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.ATI’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, equities analysts anticipate that ATI Inc. will post 2.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ATI shares. JPMorgan Chase & Co. upped their target price on ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Alembic Global Advisors initiated coverage on ATI in a research note on Thursday, January 15th. They set an “overweight” rating and a $141.00 price objective on the stock. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. KeyCorp boosted their target price on shares of ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $133.00.

Insider Transactions at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the completion of the sale, the chairman directly owned 132,676 shares in the company, valued at $14,525,368.48. This represents a 28.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction on Friday, November 21st. The shares were sold at an average price of $93.26, for a total value of $242,289.48. Following the completion of the transaction, the senior vice president owned 21,274 shares in the company, valued at approximately $1,984,013.24. The trade was a 10.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 137,544 shares of company stock valued at $14,102,044. Company insiders own 1.10% of the company’s stock.

ATI 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.