ATI Inc. $ATI Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in ATI Inc. (NYSE:ATI) by 7.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,142,000 shares of the basic materials company’s stock after acquiring an additional 142,696 shares during the quarter. Dimensional Fund Advisors LP owned about 1.58% of ATI worth $174,210,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ATI. Meeder Asset Management Inc. grew its stake in shares of ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 402 shares during the period. Prestige Wealth Management Group LLC purchased a new stake in ATI during the third quarter worth about $34,000. Nomura Asset Management Co. Ltd. boosted its holdings in ATI by 56.5% during the second quarter. Nomura Asset Management Co. Ltd. now owns 720 shares of the basic materials company’s stock worth $62,000 after buying an additional 260 shares in the last quarter. Optiver Holding B.V. grew its position in ATI by 274.0% during the third quarter. Optiver Holding B.V. now owns 864 shares of the basic materials company’s stock worth $70,000 after buying an additional 633 shares during the period. Finally, MAI Capital Management grew its position in ATI by 38.6% during the second quarter. MAI Capital Management now owns 869 shares of the basic materials company’s stock worth $75,000 after buying an additional 242 shares during the period.

ATI Trading Up 4.4%

Shares of ATI stock opened at $156.71 on Tuesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. ATI Inc. has a 1 year low of $39.23 and a 1 year high of $168.14. The company has a market capitalization of $21.46 billion, a P/E ratio of 55.18, a P/E/G ratio of 1.49 and a beta of 0.95. The business has a 50 day moving average price of $135.12 and a 200 day moving average price of $106.73.

ATI (NYSE:ATI) last issued its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.04. The business had revenue of $1.18 billion for 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%.The business’s revenue was up .4% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts anticipate that ATI Inc. will post 2.89 EPS for the current fiscal year.

ATI declared that its board has authorized a share repurchase plan on Thursday, February 19th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the basic materials company to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms have recently issued reports on ATI. JPMorgan Chase & Co. lifted their price target on shares of ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Wall Street Zen cut ATI from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. KeyCorp raised their price objective on ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $150.00 target price on shares of ATI in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $133.00.

Insider Transactions at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the sale, the chairman directly owned 132,676 shares of the company’s stock, valued at $14,525,368.48. This trade represents a 28.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

About ATI

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.