Vanguard Personalized Indexing Management LLC Has $1.02 Million Position in ATI Inc. $ATI

Vanguard Personalized Indexing Management LLC grew its stake in shares of ATI Inc. (NYSE:ATI) by 126.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,778 shares of the basic materials company’s stock after acquiring an additional 6,581 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in ATI were worth $1,017,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ATI. Forest Avenue Capital Management LP purchased a new position in shares of ATI during the 1st quarter valued at $44,867,000. Senator Investment Group LP grew its holdings in shares of ATI by 68.7% during the 1st quarter. Senator Investment Group LP now owns 1,212,500 shares of the basic materials company’s stock valued at $63,086,000 after acquiring an additional 493,944 shares in the last quarter. Trexquant Investment LP purchased a new position in shares of ATI during the 1st quarter valued at $21,807,000. Northern Trust Corp grew its holdings in shares of ATI by 33.4% during the 1st quarter. Northern Trust Corp now owns 1,262,761 shares of the basic materials company’s stock valued at $65,701,000 after acquiring an additional 316,090 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its holdings in shares of ATI by 35.5% during the 1st quarter. Neuberger Berman Group LLC now owns 1,132,296 shares of the basic materials company’s stock valued at $58,913,000 after acquiring an additional 296,634 shares in the last quarter.

ATI Trading Down 1.2%

ATI stock opened at $80.24 on Monday. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.52 and a quick ratio of 1.20. ATI Inc. has a one year low of $39.23 and a one year high of $96.20. The company’s fifty day moving average price is $78.15 and its two-hundred day moving average price is $75.57. The company has a market capitalization of $11.06 billion, a price-to-earnings ratio of 27.86, a PEG ratio of 1.20 and a beta of 1.29.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. ATI had a net margin of 9.26% and a return on equity of 21.34%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company earned $0.60 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. On average, analysts forecast that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 50,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $74.66, for a total transaction of $3,733,000.00. Following the completion of the sale, the chairman directly owned 306,538 shares in the company, valued at $22,886,127.08. This represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kimberly A. Fields sold 21,153 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $85.87, for a total transaction of $1,816,408.11. Following the sale, the chief executive officer owned 202,668 shares of the company’s stock, valued at $17,403,101.16. This trade represents a 9.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 136,460 shares of company stock worth $10,750,979 over the last ninety days. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on ATI shares. Deutsche Bank Aktiengesellschaft set a $98.00 price target on shares of ATI in a report on Wednesday, October 8th. Barclays upped their price objective on shares of ATI from $75.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. BTIG Research reissued a “buy” rating and set a $120.00 target price on shares of ATI in a research report on Friday, September 12th. JPMorgan Chase & Co. increased their target price on shares of ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a research report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $90.86.

About ATI

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.