ATI Inc. $ATI Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in ATI Inc. (NYSE:ATIFree Report) by 18.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 27,536 shares of the basic materials company’s stock after acquiring an additional 4,262 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in ATI were worth $3,160,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ATI. Thoroughbred Financial Services LLC increased its stake in ATI by 17.1% in the fourth quarter. Thoroughbred Financial Services LLC now owns 13,953 shares of the basic materials company’s stock valued at $1,601,000 after purchasing an additional 2,040 shares during the last quarter. Clearstead Advisors LLC boosted its stake in ATI by 137.3% in the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock worth $69,000 after buying an additional 346 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in ATI by 5.6% in the 4th quarter. Hantz Financial Services Inc. now owns 20,041 shares of the basic materials company’s stock valued at $2,300,000 after buying an additional 1,054 shares during the period. EverSource Wealth Advisors LLC grew its holdings in ATI by 30.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,867 shares of the basic materials company’s stock valued at $444,000 after buying an additional 910 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its stake in shares of ATI by 0.4% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 144,329 shares of the basic materials company’s stock valued at $16,563,000 after acquiring an additional 618 shares during the last quarter.

Insider Transactions at ATI

In related news, Director David J. Morehouse sold 6,609 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the transaction, the director directly owned 38,168 shares of the company’s stock, valued at approximately $5,887,414. The trade was a 14.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 106,358 shares of company stock worth $18,087,092. 0.98% of the stock is currently owned by insiders.

ATI Price Performance

ATI opened at $181.17 on Friday. ATI Inc. has a 52-week low of $70.42 and a 52-week high of $183.30. The company has a 50 day moving average of $158.29 and a two-hundred day moving average of $137.73. The company has a market cap of $24.72 billion, a P/E ratio of 59.99, a P/E/G ratio of 1.55 and a beta of 0.96. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95.

ATI (NYSE:ATIGet Free Report) last posted its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business posted $0.72 EPS. The business’s quarterly revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, analysts expect that ATI Inc. will post 4.43 earnings per share for the current year.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ATI shares. Susquehanna raised their target price on shares of ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $194.00 price target on shares of ATI in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research note on Friday, May 22nd. Wells Fargo & Company initiated coverage on shares of ATI in a research note on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective for the company. Finally, Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $164.38.

View Our Latest Stock Report on ATI

ATI Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ATI (NYSE:ATI)

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