S Squared Technology LLC Takes $7.88 Billion Position in ATI Inc. $ATI

S Squared Technology LLC acquired a new position in shares of ATI Inc. (NYSE:ATI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,000 shares of the basic materials company’s stock, valued at approximately $7,884,000,000. ATI makes up about 2.4% of S Squared Technology LLC’s portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Signature Equity Partners LLC lifted 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 acquiring an additional 123 shares in the last quarter. CoreCap Advisors LLC acquired a new position in ATI in the 2nd quarter worth $30,000. Torren Management LLC bought a new position in ATI during the 4th quarter worth about $52,000. Summit Securities Group LLC bought a new position in ATI during the 1st quarter worth about $60,000. Finally, Hollencrest Capital Management raised its stake in shares of ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 334 shares during the period.

Analyst Ratings Changes

A number of brokerages have recently commented on ATI. KeyCorp boosted their price target on ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. BTIG Research upped their price target on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, TD Cowen raised their price target on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $232.00.

ATI Trading Up 1.4%

Shares of NYSE:ATI opened at $209.95 on Tuesday. The company’s 50-day moving average price is $200.48 and its two-hundred day moving average price is $172.42. ATI Inc. has a one year low of $73.00 and a one year high of $243.57. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The stock has a market capitalization of $28.59 billion, a PE ratio of 61.57, a price-to-earnings-growth ratio of 1.25 and a beta of 0.98.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.20. The company had revenue of $1.26 billion during 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%.ATI’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 EPS. 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 analysts forecast that ATI Inc. will post 5.15 EPS for the current fiscal year.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s 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 directly owned 218,014 shares in the company, valued at $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 177,044 shares of company stock worth $33,976,616 over the last ninety days. Corporate insiders own 0.98% of the company’s stock.

ATI Company 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.