Healthcare of Ontario Pension Plan Trust Fund Increases Holdings in ATI Inc. $ATI

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of ATI Inc. (NYSE:ATI) by 62.8% during the first quarter, HoldingsChannel reports. The firm owned 87,042 shares of the basic materials company’s stock after purchasing an additional 33,580 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in ATI were worth $12,661,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Signature Equity Partners LLC raised its position in ATI by 208.5% in the first 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 during the period. Allworth Financial LP grew its position in shares of ATI by 50.8% during the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 180 shares during the period. Torren Management LLC purchased a new stake in shares of ATI during the 4th quarter worth approximately $52,000. Summit Securities Group LLC purchased a new stake in shares of ATI during the 1st quarter worth approximately $60,000. Finally, Hollencrest Capital Management raised its holdings in shares of ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 334 shares during the period.

Insider Activity at ATI

In other 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 completion of the transaction, the chief executive officer directly owned 218,014 shares in the company, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 160,442 shares of company stock valued at $28,535,831 over the last three months. 0.98% of the stock is owned by company insiders.

ATI Stock Performance

Shares of ATI stock opened at $192.39 on Tuesday. The stock has a market capitalization of $26.25 billion, a P/E ratio of 63.70, a PEG ratio of 1.57 and a beta of 0.96. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm’s 50 day moving average is $186.18 and its 200 day moving average is $159.98. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $205.31.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping 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 company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm earned $0.72 EPS. ATI’s revenue for the quarter 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, sell-side analysts anticipate that ATI Inc. will post 4.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ATI. Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. BTIG Research raised their target price on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Susquehanna boosted their target price on ATI from $185.00 to $215.00 and gave the company a “positive” rating in a research note on Thursday, July 9th. 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. Finally, Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. Based on data from MarketBeat, ATI currently has a consensus rating of “Buy” and an average target price of $176.78.

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.