Sigma Planning Corp Cuts Stock Holdings in ATI Inc. $ATI

Sigma Planning Corp lowered its position in ATI Inc. (NYSE:ATI) by 53.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,934 shares of the basic materials company’s stock after selling 5,583 shares during the period. Sigma Planning Corp’s holdings in ATI were worth $972,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. CoreCap Advisors LLC purchased a new position in shares of ATI during the 2nd quarter valued at approximately $30,000. Signature Equity Partners LLC increased its holdings in ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 123 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in ATI during the second quarter worth $73,000. Meeder Asset Management Inc. acquired a new position in ATI during the second quarter worth $77,000. Finally, Summit Securities Group LLC purchased a new position in ATI during the first quarter valued at $60,000.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on ATI shares. Susquehanna lifted their target price on shares of ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research report on Friday, August 7th. Wells Fargo & Company reiterated an “overweight” rating and issued a $275.00 price objective on shares of ATI in a report on Monday, August 10th. BTIG Research boosted their price objective on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, TD Cowen lifted their price target on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $232.00.

ATI Stock Down 1.6%

Shares of NYSE ATI opened at $200.85 on Wednesday. The stock has a market cap of $27.35 billion, a PE ratio of 58.90, a P/E/G ratio of 1.23 and a beta of 1.01. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. ATI Inc. has a 12-month low of $74.45 and a 12-month high of $243.57. The company has a 50-day moving average of $201.67 and a 200 day moving average of $175.64.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the business earned $0.74 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, sell-side analysts predict that ATI Inc. will post 5.15 EPS for the current fiscal year.

Insider Transactions at ATI

In related news, CEO Kimberly A. Fields sold 24,845 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $231.19, for a total transaction of $5,743,915.55. Following the completion of the sale, the chief executive officer directly owned 100,719 shares in the company, valued at approximately $23,285,225.61. This trade represents a 19.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 117,295 shares of company stock worth $23,277,362 in the last ninety days. 0.98% of the stock is currently owned by company insiders.

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.