Hantz Financial Services Inc. Boosts Stake in ATI Inc. $ATI

Hantz Financial Services Inc. lifted its stake in ATI Inc. (NYSE:ATI) by 45.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 19,433 shares of the basic materials company’s stock after acquiring an additional 6,041 shares during the period. Hantz Financial Services Inc.’s holdings in ATI were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Invesco Ltd. increased its stake in shares of ATI by 3.3% in the 1st quarter. Invesco Ltd. now owns 4,850,439 shares of the basic materials company’s stock worth $252,368,000 after purchasing an additional 153,939 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of ATI by 2.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,617,314 shares of the basic materials company’s stock worth $136,164,000 after purchasing an additional 59,811 shares in the last quarter. American Century Companies Inc. increased its stake in shares of ATI by 4.5% in the 1st quarter. American Century Companies Inc. now owns 1,422,116 shares of the basic materials company’s stock worth $73,993,000 after purchasing an additional 60,651 shares in the last quarter. Bowen Hanes & Co. Inc. increased its stake in shares of ATI by 0.3% in the 1st quarter. Bowen Hanes & Co. Inc. now owns 1,371,335 shares of the basic materials company’s stock worth $71,351,000 after purchasing an additional 4,420 shares in the last quarter. Finally, Northern Trust Corp increased its stake in ATI by 33.4% in the 1st quarter. Northern Trust Corp now owns 1,262,761 shares of the basic materials company’s stock worth $65,701,000 after buying an additional 316,090 shares in the last quarter.

ATI Trading Down 2.2%

Shares of ATI stock opened at $98.95 on Friday. The firm has a market cap of $13.64 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 1.47 and a beta of 1.29. The business has a 50-day moving average price of $81.93 and a 200-day moving average price of $78.83. The company has a quick ratio of 1.20, a current ratio of 2.50 and a debt-to-equity ratio of 0.94. ATI Inc. has a twelve month low of $39.23 and a twelve month high of $103.64.

ATI (NYSE:ATI) last issued its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.10. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. ATI had a return on equity of 23.34% and a net margin of 9.71%.The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 earnings per share. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. Equities research analysts anticipate that ATI Inc. will post 2.89 EPS for the current fiscal year.

Insider Activity

In related news, CEO Kimberly A. Fields sold 21,154 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $82.03, for a total value of $1,735,262.62. Following the completion of the transaction, the chief executive officer owned 223,821 shares of the company’s stock, valued at approximately $18,360,036.63. This trade represents a 8.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David J. Morehouse sold 7,900 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $75.81, for a total transaction of $598,899.00. Following the completion of the transaction, the director directly owned 44,777 shares of the company’s stock, valued at approximately $3,394,544.37. The trade was a 15.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 136,460 shares of company stock worth $10,750,979 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ATI. Deutsche Bank Aktiengesellschaft set a $98.00 price target on ATI in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Zacks Research upgraded ATI to a “hold” rating in a research note on Tuesday, August 12th. Susquehanna increased their price target on ATI from $100.00 to $120.00 and gave the stock a “positive” rating in a research note on Wednesday. Finally, BTIG Research reiterated a “buy” rating and issued a $120.00 price target on shares of ATI in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $93.71.

ATI Profile

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.