Focus Partners Advisor Solutions LLC Takes Position in ATI Inc. $ATI

Focus Partners Advisor Solutions LLC bought a new position in shares of ATI Inc. (NYSE:ATI) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,438 shares of the basic materials company’s stock, valued at approximately $678,000.

Several other hedge funds have also added to or reduced their stakes in the company. Signature Equity Partners LLC increased its position 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 during the period. CoreCap Advisors LLC bought a new stake in shares of ATI in the second quarter valued at about $30,000. Torren Management LLC bought a new stake in shares of ATI in the fourth quarter valued at about $52,000. Summit Securities Group LLC acquired a new position in shares of ATI in the first quarter valued at about $60,000. Finally, Hollencrest Capital Management grew its stake in shares of ATI by 283.1% in 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 in the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ATI. Wells Fargo & Company reiterated an “overweight” rating and issued a $275.00 price objective on shares of ATI in a research note on Monday, August 10th. TD Cowen increased their target price on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. raised their target price on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $262.00 price target on shares of ATI in a research note on Monday, August 10th. Finally, KeyCorp lifted their price objective on ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $232.00.

ATI Price Performance

ATI stock opened at $231.48 on Tuesday. The company’s 50-day moving average price is $198.37 and its two-hundred day moving average price is $169.21. The firm has a market cap of $31.52 billion, a P/E ratio of 67.88, a P/E/G ratio of 1.38 and a beta of 0.98. 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 12 month low of $70.42 and a 12 month high of $243.57.

ATI (NYSE:ATI) last posted its quarterly 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. ATI had a net margin of 10.09% and a return on equity of 29.27%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business posted $0.74 EPS. The firm’s revenue for the quarter 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, analysts anticipate that ATI Inc. will post 5.15 earnings per share for the current fiscal year.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 31,757 shares of ATI stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $190.99, for a total value of $6,065,269.43. Following the transaction, the chief executive officer owned 125,564 shares in the company, valued at approximately $23,981,468.36. This trade represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders sold 152,199 shares of company stock valued at $28,232,700. Company 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.