Louisiana State Employees Retirement System Makes New $5.73 Million Investment in ATI Inc. $ATI

Louisiana State Employees Retirement System bought a new stake in ATI Inc. (NYSE:ATI) during the first quarter, Holdings Channel.com reports. The firm bought 39,400 shares of the basic materials company’s stock, valued at approximately $5,731,000.

Several other large investors have also modified their holdings of ATI. Capital International Investors increased its position in shares of ATI by 2.6% during the 3rd quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock worth $1,394,349,000 after purchasing an additional 436,131 shares during the last quarter. Capital World Investors boosted its stake in ATI by 15.8% during the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after buying an additional 1,080,201 shares during the period. State Street Corp increased its position in shares of ATI by 7.4% during the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock valued at $491,476,000 after acquiring an additional 415,479 shares during the last quarter. Capital Research Global Investors increased its position in shares of ATI by 12.0% during the fourth quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock valued at $414,481,000 after acquiring an additional 386,754 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of ATI by 7.4% in the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock valued at $388,454,000 after acquiring an additional 233,010 shares during the period.

ATI Price Performance

Shares of ATI opened at $197.10 on Friday. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $205.31. The firm’s 50 day moving average price is $172.24 and its 200 day moving average price is $148.17. The company has a market cap of $26.90 billion, a P/E ratio of 65.26, a PEG ratio of 1.72 and a beta of 0.96. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.72 EPS. 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, research analysts forecast that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price objective on shares of ATI in a report on Friday, May 1st. Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. BTIG Research upped their price target on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. raised their price target on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, Weiss Ratings cut ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $164.38.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the sale, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. This represents a 21.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 120,442 shares of company stock worth $21,219,431. Insiders own 0.98% of the company’s stock.

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.