4,464 Shares in ATI Inc. $ATI Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of ATI Inc. (NYSE:ATI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,464 shares of the basic materials company’s stock, valued at approximately $845,000.

A number of other hedge funds also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of ATI during the 2nd quarter valued at $3,687,529,000. Bank of America Corp DE purchased a new position in shares of ATI in the 2nd quarter worth $348,285,000. Bank of New York Mellon Corp purchased a new position in shares of ATI in the 2nd quarter worth $168,996,000. Arrowstreet Capital Limited Partnership raised its position in shares of ATI by 231.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock worth $175,094,000 after buying an additional 840,455 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in ATI by 1,714.0% in the first quarter. PNC Financial Services Group Inc. now owns 831,736 shares of the basic materials company’s stock valued at $120,984,000 after acquiring an additional 785,885 shares during the last quarter.

Trending Headlines about ATI

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Recent coverage points to strong earnings and higher estimates as support for ATI shares. In its latest reported quarter, ATI beat analyst expectations with EPS of $1.46 versus $1.37 and revenue of $1.42 billion versus $1.32 billion; revenue rose 26.5% year over year. ATI Stock Gets A Lift From Strong Earnings And Higher Estimates
• Positive Sentiment: Analyst views are bullish: Citigroup initiated coverage with a Buy rating and a $229 target, while KeyCorp maintained an Overweight rating and a $228 target. KeyCorp also forecasts EPS growth from $5.29 in FY2026 to $6.50 in FY2027, above the cited current-year consensus of about $5.20. Citigroup recommendations KeyCorp Comments on ATI’s Q4 Earnings
• Positive Sentiment: ATI’s strong cash-flow growth, higher EBITDA guidance and disciplined buybacks could support debt reduction and shareholder returns. Can ATI Leverage Strong Cash Generation to Strengthen Returns?
• Neutral Sentiment: A Seeking Alpha article titled “ATI: Flying Too Close To The Sun” signals a cautious view, though the provided headline does not specify its supporting arguments. ATI: Flying Too Close To The Sun
• Neutral Sentiment: The U.S. sale clearance for Sherpa robots concerns ATI Robotics, not ATI Inc., and does not appear to be a direct catalyst for ATI shares. ATI Robotics products cleared for continued U.S. sale

ATI Stock Down 0.3%

NYSE ATI opened at $175.33 on Monday. The stock has a market cap of $23.81 billion, a PE ratio of 43.83, a P/E/G ratio of 1.02 and a beta of 1.09. ATI Inc. has a fifty-two week low of $93.11 and a fifty-two week high of $243.57. The business has a 50 day moving average price of $186.77 and a two-hundred day moving average price of $174.27. The company has a quick ratio of 1.27, a current ratio of 2.77 and a debt-to-equity ratio of 0.85.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, October 29th. The basic materials company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.09. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.32 billion. ATI had a net margin of 11.08% and a return on equity of 32.30%. The business’s quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 earnings per share. As a group, sell-side analysts predict that ATI Inc. will post 5.23 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ATI shares. Citigroup assumed coverage on ATI in a research report on Thursday. They set a “buy” rating and a $229.00 price target for the company. TD Cowen raised their price objective on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Susquehanna raised their price objective on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a report on Friday, August 7th. Weiss Ratings lowered ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, October 29th. Finally, KeyCorp decreased their target price on ATI from $258.00 to $228.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, ATI currently has a consensus rating of “Buy” and a consensus price target of $222.22.

Insider Activity

In related news, VP Timothy J. Harris sold 16,500 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $210.01, for a total transaction of $3,465,165.00. Following the completion of the sale, the vice president directly owned 130,187 shares of the company’s stock, valued at approximately $27,340,571.87. This trade represents a 11.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David J. Morehouse sold 2,485 shares of ATI stock in a transaction 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 sale, the director directly owned 35,826 shares in the company, valued at $7,222,879.86. This trade represents a 6.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 85,830 shares of company stock worth $18,046,361. 0.98% of the stock is currently owned by company insiders.

About ATI

ATI Inc produces specialty materials and components for aerospace and defense, energy, medical, and other industrial markets. Its materials include titanium and titanium alloys, nickel- and cobalt-based alloys, specialty stainless steels, and other engineered metals designed for demanding applications.

The company makes products such as sheet, plate, strip, and bar, along with precision forgings, castings, and engineered components. ATI serves customers worldwide through manufacturing and distribution operations in North America and other regions.

ATI was formed in 1996 as Allegheny Technologies Incorporated through the combination of Allegheny Ludlum and Teledyne’s specialty metals businesses.