Englebert Financial Advisers LLC Acquires 4,457 Shares of ATI Inc. $ATI

Englebert Financial Advisers LLC bought a new position in ATI Inc. (NYSE:ATI – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,457 shares of the basic materials company’s stock, valued at approximately $844,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ATI. Signature Equity Partners LLC increased its stake in ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 123 shares during the last quarter. CoreCap Advisors LLC bought a new stake in ATI during the second quarter worth about $30,000. Retirement Wealth Solutions LLC bought a new stake in ATI during the third quarter worth about $30,000. V Square Quantitative Management LLC lifted its stake in ATI by 71.9% during the third quarter. V Square Quantitative Management LLC now owns 220 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 92 shares during the last quarter. Finally, Summit Securities Group LLC bought a new stake in ATI during the first quarter worth about $60,000.

Insider Buying and Selling at ATI

In other news, VP Timothy J. Harris sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $191.82, for a total value of $1,726,380.00. Following the transaction, the vice president owned 88,187 shares in the company, valued at approximately $16,916,030.34. This trade represents a 9.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David J. Morehouse sold 2,485 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total transaction of $501,000.85. Following the completion of the transaction, the director owned 35,826 shares in the company, valued at $7,222,879.86. This represents a 6.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 117,587 shares of company stock worth $24,111,631. 0.98% of the stock is currently owned by insiders.

ATI Trading Down 3.4%

NYSE ATI opened at $182.83 on Wednesday. The firm has a market cap of $24.90 billion, a PE ratio of 53.62, a price-to-earnings-growth ratio of 1.15 and a beta of 0.99. ATI Inc. has a 1-year low of $81.34 and a 1-year high of $243.57. The stock has a 50-day moving average of $199.31 and a 200-day moving average of $185.73. 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 (NYSE:ATI – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company earned $0.74 EPS. ATI’s revenue for the quarter was up 10.6% compared to the same quarter last year. 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 forecast that ATI Inc. will post 5.13 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ATI. Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $262.00 price objective on shares of ATI in a report on Monday, August 10th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. KeyCorp dropped their target price on ATI from $258.00 to $228.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Finally, TD Cowen upped their target price on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $223.88.

View Our Latest Research Report on ATI

ATI Company Profile

(Free Report)

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.

Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.

ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.

Read More

Want to see what other hedge funds are holding ATI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ATI Inc. (NYSE:ATI – Free Report).

Institutional Ownership by Quarter for ATI (NYSE:ATI)

Receive News & Ratings for ATI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATI and related companies with MarketBeat.com's FREE daily email newsletter.