Friedenthal Financial Buys Shares of 6,741 ATI Inc. $ATI

Friedenthal Financial bought a new stake in ATI Inc. (NYSE:ATI) in the 1st quarter, Holdings Channel reports. The institutional investor bought 6,741 shares of the basic materials company’s stock, valued at approximately $981,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC boosted its position in shares of ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 225 shares in the last quarter. Prestige Wealth Management Group LLC acquired a new position in ATI during the third quarter valued at approximately $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 valued at $43,000 after purchasing an additional 180 shares in the last quarter. Torren Management LLC bought a new stake in ATI during the fourth quarter worth $52,000. Finally, ARK Investment Management LLC lifted its stake 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 purchasing an additional 587 shares during the last quarter.

Analyst Upgrades and Downgrades

ATI has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their target price on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 1st. KeyCorp boosted their price target on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Weiss Ratings downgraded ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Susquehanna lifted their target price on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $164.38.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 3,783 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $197.21, for a total transaction of $746,045.43. Following the sale, the chief executive officer directly owned 197,321 shares of the company’s stock, valued at $38,913,674.41. The trade was a 1.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 120,442 shares of company stock worth $21,219,431. 0.98% of the stock is owned by company insiders.

ATI Price Performance

Shares of ATI opened at $197.22 on Thursday. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $205.31. The business has a 50-day simple moving average of $170.70 and a two-hundred day simple moving average of $147.13. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. The stock has a market cap of $26.91 billion, a PE ratio of 65.30, a PEG ratio of 1.72 and a beta of 0.96.

ATI (NYSE:ATI) last posted its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the company earned $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Analysts anticipate that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

ATI 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.