Global Retirement Partners LLC Makes New Investment in ATI Inc. $ATI

Global Retirement Partners LLC acquired a new position in ATI Inc. (NYSE:ATI) in the 2nd quarter, HoldingsChannel reports. The firm acquired 3,989 shares of the basic materials company’s stock, valued at approximately $786,000.

Other large investors also recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of ATI during the second quarter valued at approximately $30,000. Signature Equity Partners LLC raised its position in ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares during the last quarter. Summit Securities Group LLC purchased a new stake in ATI in the 1st quarter valued at $60,000. Hollencrest Capital Management lifted its stake in ATI by 283.1% during the 1st 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. Finally, Torren Management LLC bought a new position in ATI during the 4th quarter valued at $52,000.

Insiders Place Their Bets

In related news, CEO Kimberly A. Fields sold 59,749 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total transaction 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. This represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 152,199 shares of company stock worth $28,232,700 in the last three months. 0.98% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ATI shares. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Wells Fargo & Company reissued an “overweight” rating and set a $275.00 price target on shares of ATI in a research report on Monday, August 10th. KeyCorp boosted their price target on shares of ATI from $211.00 to $258.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. upped their price objective on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to data from MarketBeat, ATI has a consensus rating of “Buy” and an average target price of $232.00.

ATI Stock Down 2.3%

ATI stock opened at $226.55 on Wednesday. The stock’s fifty day simple moving average is $199.17 and its two-hundred day simple moving average is $169.95. 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 1-year low of $70.42 and a 1-year high of $243.57. The stock has a market cap of $30.85 billion, a P/E ratio of 66.44, a P/E/G ratio of 1.38 and a beta of 0.98.

ATI (NYSE:ATI) last announced 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 firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the firm posted $0.74 EPS. The business’s revenue was up 10.6% compared to the same quarter last year. 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 expect that ATI Inc. will post 5.15 EPS for the current year.

About ATI

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.