State of Wyoming Invests $1.31 Million in ATI Inc. $ATI

State of Wyoming purchased a new position in shares of ATI Inc. (NYSE:ATI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,652 shares of the basic materials company’s stock, valued at approximately $1,311,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CoreCap Advisors LLC acquired a new stake in ATI in the 2nd quarter worth about $30,000. Signature Equity Partners LLC increased its stake in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after buying an additional 123 shares in the last quarter. Summit Securities Group LLC acquired a new position in shares of ATI during the first quarter valued at approximately $60,000. Hollencrest Capital Management raised its holdings in shares of ATI by 283.1% during the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after acquiring an additional 334 shares during the last quarter. Finally, Torren Management LLC purchased a new position in shares of ATI in the fourth quarter valued at approximately $52,000.

Insider Activity

In related news, CEO Kimberly A. Fields sold 31,757 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $190.99, for a total transaction of $6,065,269.43. Following the completion of the sale, the chief executive officer directly owned 125,564 shares in the company, valued at approximately $23,981,468.36. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 152,199 shares of company stock valued at $28,232,700 over the last ninety days. Corporate insiders own 0.98% of the company’s stock.

ATI Stock Performance

Shares of ATI stock opened at $228.76 on Friday. The business’s 50 day moving average price is $197.35 and its 200 day moving average price is $168.14. The company has a market cap of $31.15 billion, a price-to-earnings ratio of 67.08, a PEG ratio of 1.38 and a beta of 0.98. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. ATI Inc. has a one year low of $70.42 and a one year high of $243.57.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the business earned $0.74 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, research analysts predict that ATI Inc. will post 5.15 EPS for the current year.

Wall Street Analysts Forecast Growth

ATI has been the topic of a number of research analyst reports. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Wells Fargo & Company reissued an “overweight” rating and issued a $275.00 price objective on shares of ATI in a research note on Monday, August 10th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $262.00 target price on shares of ATI in a research note on Monday, August 10th. Finally, TD Cowen increased their target price on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $232.00.

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.