Toth Financial Advisory Corp Buys 3,109 Shares of ATI Inc. $ATI

Toth Financial Advisory Corp lifted its stake in ATI Inc. (NYSE:ATI) by 124.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,609 shares of the basic materials company’s stock after buying an additional 3,109 shares during the quarter. Toth Financial Advisory Corp’s holdings in ATI were worth $1,106,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ATI. Van ECK Associates Corp purchased a new position in ATI during the second quarter valued at $5,510,000. Hsbc Holdings PLC boosted its holdings in shares of ATI by 126.1% during the 2nd quarter. Hsbc Holdings PLC now owns 65,083 shares of the basic materials company’s stock valued at $12,818,000 after purchasing an additional 36,295 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of ATI by 7.5% during the 2nd quarter. Wellington Management Group LLP now owns 81,401 shares of the basic materials company’s stock valued at $16,044,000 after purchasing an additional 5,656 shares during the last quarter. Archer Investment Corp purchased a new position in shares of ATI during the second quarter valued at about $298,000. Finally, Beacon Pointe Advisors LLC purchased a new position in shares of ATI during the second quarter valued at about $331,000.

Analyst Upgrades and Downgrades

ATI has been the topic of a number of research analyst reports. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. raised their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, KeyCorp increased their target price on ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, ATI presently has a consensus rating of “Buy” and a consensus target price of $232.00.

Insider Activity at ATI

In other news, CEO Kimberly A. Fields sold 59,749 shares of ATI stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 177,044 shares of company stock valued at $33,976,616. 0.98% of the stock is currently owned by insiders.

ATI Stock Down 2.0%

Shares of NYSE ATI opened at $210.29 on Friday. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. ATI Inc. has a 12-month low of $74.45 and a 12-month high of $243.57. The firm’s 50-day moving average price is $201.64 and its 200-day moving average price is $174.45. The stock has a market capitalization of $28.64 billion, a price-to-earnings ratio of 61.67, a P/E/G ratio of 1.29 and a beta of 0.98.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping 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 analyst estimates of $1.22 billion. During the same quarter last year, the business posted $0.74 earnings per share. The firm’s 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, equities research analysts anticipate that ATI Inc. will post 5.15 EPS for the current fiscal year.

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.