Revisor Wealth Management LLC Buys New Holdings in ATI Inc. $ATI

Revisor Wealth Management LLC bought a new stake in ATI Inc. (NYSE:ATI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,521 shares of the basic materials company’s stock, valued at approximately $222,000.

Several other hedge funds have also bought and sold shares of ATI. Teacher Retirement System of Texas acquired a new stake in ATI during the first quarter worth approximately $1,243,000. Bank of New York Mellon Corp lifted its position in ATI by 1.2% during the first quarter. Bank of New York Mellon Corp now owns 902,200 shares of the basic materials company’s stock worth $46,941,000 after acquiring an additional 11,048 shares during the last quarter. GAMMA Investing LLC lifted its position in ATI by 39.2% during the first quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company’s stock worth $181,000 after acquiring an additional 979 shares during the last quarter. KBC Group NV lifted its position in ATI by 14.2% during the first quarter. KBC Group NV now owns 5,779 shares of the basic materials company’s stock worth $301,000 after acquiring an additional 720 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in ATI by 139.9% during the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 386 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Zacks Research upgraded shares of ATI to a “hold” rating in a research report on Tuesday, August 12th. Susquehanna dropped their price target on shares of ATI from $105.00 to $100.00 and set a “positive” rating for the company in a research report on Friday, August 1st. Barclays lifted their price target on shares of ATI from $75.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. JPMorgan Chase & Co. lifted their price target on shares of ATI from $75.00 to $92.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft set a $115.00 price target on shares of ATI and gave the company a “hold” rating in a research report on Tuesday, July 8th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $93.29.

ATI Stock Down 2.2%

Shares of ATI opened at $78.07 on Wednesday. ATI Inc. has a one year low of $39.23 and a one year high of $96.20. The company has a market cap of $10.76 billion, a P/E ratio of 27.11, a P/E/G ratio of 1.09 and a beta of 1.27. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.52 and a quick ratio of 1.20. The firm has a 50 day simple moving average of $79.78 and a two-hundred day simple moving average of $71.69.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. ATI had a net margin of 9.26% and a return on equity of 21.34%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned $0.60 earnings per share. The company’s revenue was up 4.1% on a year-over-year basis. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. Research analysts forecast that ATI Inc. will post 2.89 EPS for the current fiscal year.

Insider Transactions at ATI

In other news, CEO Kimberly A. Fields sold 20,312 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $80.33, for a total transaction of $1,631,662.96. Following the completion of the transaction, the chief executive officer directly owned 244,975 shares in the company, valued at approximately $19,678,841.75. This represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David J. Morehouse sold 7,900 shares of the company’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $75.81, for a total transaction of $598,899.00. Following the transaction, the director owned 44,777 shares of the company’s stock, valued at $3,394,544.37. This trade represents a 15.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 94,153 shares of company stock worth $7,199,308. Corporate insiders own 1.10% of the company’s stock.

About ATI

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.