60,508 Shares in ATI Inc. $ATI Purchased by Jupiter Topco LLC

Jupiter Topco LLC acquired a new position in ATI Inc. (NYSE:ATI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 60,508 shares of the basic materials company’s stock, valued at approximately $11,924,000.

A number of other institutional investors have also recently bought and sold shares of the business. Signature Equity Partners LLC raised its position in shares of ATI by 208.5% in the first 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 in the last quarter. CoreCap Advisors LLC acquired a new stake in ATI during the second quarter worth approximately $30,000. Summit Securities Group LLC bought a new position in ATI during the 1st quarter worth $60,000. Hollencrest Capital Management increased 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 worth $66,000 after acquiring an additional 334 shares during the period. Finally, Clearstead Advisors LLC raised its holdings in ATI by 137.3% in the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after acquiring an additional 346 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ATI shares. BTIG Research upped their target price on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 price objective on shares of ATI in a research report 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, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $262.00 price objective on shares of ATI in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $232.00.

ATI Stock Down 2.0%

NYSE ATI opened at $210.29 on Friday. The business has a fifty day moving average price of $201.64 and a two-hundred day moving average price of $174.45. The stock has a market capitalization of $28.64 billion, a PE ratio of 61.67, a PEG ratio of 1.27 and a beta of 0.98. ATI Inc. has a fifty-two week low of $74.45 and a fifty-two week 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.

ATI (NYSE:ATI) last issued its quarterly 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 company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the company posted $0.74 EPS. The company’s revenue for the quarter 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. Equities analysts expect that ATI Inc. will post 5.15 earnings per share for the current fiscal year.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was 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 of the company’s stock, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 177,044 shares of company stock valued at $33,976,616 in the last quarter. Insiders own 0.98% of the company’s stock.

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.