Guardian Partners Inc. bought a new position in ATI Inc. (NYSE:ATI – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 5,000 shares of the basic materials company’s stock, valued at approximately $947,000.
Other institutional investors also recently bought and sold shares of the company. Signature Equity Partners LLC lifted its position in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares in the last quarter. CoreCap Advisors LLC bought a new stake in ATI during the second quarter valued at about $30,000. Retirement Wealth Solutions LLC purchased a new stake in ATI in the third quarter worth about $30,000. V Square Quantitative Management LLC increased its position in ATI by 71.9% in the third quarter. V Square Quantitative Management LLC now owns 220 shares of the basic materials company’s stock worth $42,000 after buying an additional 92 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new stake in ATI in the first quarter worth about $60,000.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the company. BTIG Research lifted their price objective on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Wells Fargo & Company reduced their target price on shares of ATI from $275.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $262.00 target price on shares of ATI in a research note on Monday, August 10th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Susquehanna lifted their price target on shares of ATI from $215.00 to $265.00 and gave the company a “positive” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $223.88.
Get Our Latest Research Report on ATI
ATI Stock Down 1.6%
ATI opened at $180.18 on Thursday. The company has a market capitalization of $24.54 billion, a PE ratio of 52.84, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. The firm has a 50-day simple moving average of $198.31 and a two-hundred day simple moving average of $185.96. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. ATI Inc. has a 52 week low of $81.34 and a 52 week high of $243.57.
ATI (NYSE:ATI – Get Free Report) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%. The business’s revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Analysts forecast that ATI Inc. will post 5.13 earnings per share for the current fiscal year.
Insider Transactions at ATI
In other news, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $231.19, for a total transaction of $5,743,915.55. Following the completion of the transaction, the chief executive officer directly owned 100,719 shares in the company, valued at approximately $23,285,225.61. This represents a 19.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Timothy J. Harris sold 9,000 shares of the firm’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $191.82, for a total transaction of $1,726,380.00. Following the completion of the transaction, the vice president directly owned 88,187 shares of the company’s stock, valued at approximately $16,916,030.34. This trade represents a 9.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,587 shares of company stock valued at $24,111,631 in the last ninety days. Corporate insiders own 0.98% of the company’s stock.
ATI Profile
ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.
Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.
ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.
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