ATI Inc. $ATI Shares Sold by Capital International Investors

Capital International Investors decreased its position in shares of ATI Inc. (NYSE:ATI) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,095,803 shares of the basic materials company’s stock after selling 51,756 shares during the period. Capital International Investors owned about 0.13% of ATI worth $1,962,204,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Channing Capital Management LLC increased its holdings in ATI by 34.2% during the 3rd quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock worth $90,219,000 after purchasing an additional 282,529 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of ATI by 53.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,648 shares of the basic materials company’s stock worth $3,103,000 after buying an additional 8,939 shares during the last quarter. Nordea Investment Management AB purchased a new stake in shares of ATI during the 4th quarter worth approximately $6,114,000. First Financial Bankshares Inc purchased a new stake in shares of ATI during the 3rd quarter worth approximately $1,589,000. Finally, Intech Investment Management LLC lifted its holdings in shares of ATI by 96.6% in the 3rd quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company’s stock valued at $4,237,000 after purchasing an additional 25,590 shares during the last quarter.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of ATI stock in a transaction 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 transaction, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David J. Morehouse sold 6,609 shares of ATI stock in a transaction on Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the transaction, the director owned 38,168 shares in the company, valued at $5,887,414. The trade was a 14.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 106,358 shares of company stock valued at $18,087,092 in the last three months. 0.98% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ATI shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a research note on Friday, May 22nd. KeyCorp boosted their target price on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Zacks Research downgraded ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Susquehanna lifted their price target on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $164.38.

ATI Stock Down 2.0%

ATI stock opened at $177.57 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. The stock’s fifty day moving average is $158.86 and its two-hundred day moving average is $138.01. The firm has a market capitalization of $24.23 billion, a price-to-earnings ratio of 58.80, a price-to-earnings-growth ratio of 1.53 and a beta of 0.96. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $183.30.

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

ATI declared that its Board of Directors has authorized a share buyback plan on Thursday, February 19th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

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.