Nilsine Partners LLC Buys Shares of 11,932 ATI Inc. $ATI

Nilsine Partners LLC purchased a new stake in ATI Inc. (NYSE:ATI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,932 shares of the basic materials company’s stock, valued at approximately $1,369,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. True Wealth Design LLC boosted its position in shares of ATI by 642.9% in the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after buying an additional 225 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 402 shares in the last quarter. Prestige Wealth Management Group LLC purchased a new position in ATI during the 3rd quarter valued at about $34,000. Allworth Financial LP raised its position in ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 180 shares during the last quarter. Finally, ARK Investment Management LLC raised its position in ATI by 378.7% during the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock worth $60,000 after acquiring an additional 587 shares during the last quarter.

Analysts Set New Price Targets

Several research firms have recently commented on ATI. Wall Street Zen lowered shares of ATI from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $150.00 target price on shares of ATI in a research note on Wednesday, February 4th. Alembic Global Advisors initiated coverage on ATI in a report on Thursday, January 15th. They set an “overweight” rating and a $141.00 target price on the stock. Finally, KeyCorp initiated coverage on ATI in a research report on Wednesday, March 25th. They set an “overweight” rating and a $140.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the stock. According to data from MarketBeat.com, ATI has a consensus rating of “Buy” and an average price target of $138.56.

ATI Price Performance

ATI stock opened at $151.57 on Thursday. The stock has a market capitalization of $20.68 billion, a P/E ratio of 53.37, a P/E/G ratio of 1.44 and a beta of 1.00. ATI Inc. has a 12-month low of $39.23 and a 12-month high of $168.14. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. The firm’s 50-day moving average is $143.92 and its two-hundred day moving average is $114.91.

ATI (NYSE:ATI) last posted its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. ATI had a net margin of 8.81% and a return on equity of 24.26%. The company’s revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Equities analysts predict that ATI Inc. will post 2.89 earnings per share for the current year.

ATI announced that its Board of Directors has approved a share buyback plan on Thursday, February 19th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the basic materials company to buy up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In other ATI news, Director David J. Morehouse sold 6,609 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the transaction, the director directly owned 38,168 shares in the company, valued at approximately $5,887,414. The trade was a 14.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.10% 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.