Y.D. More Investments Ltd Buys New Position in ATI Inc. $ATI

Y.D. More Investments Ltd purchased a new position in shares of ATI Inc. (NYSE:ATI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,725 shares of the basic materials company’s stock, valued at approximately $687,000.

Other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp lifted its stake in ATI by 3,506.1% in the first quarter. Fifth Third Bancorp now owns 48,899 shares of the basic materials company’s stock valued at $7,113,000 after buying an additional 47,543 shares during the last quarter. Summit Securities Group LLC purchased a new position in ATI during the 1st quarter worth $60,000. Kestra Advisory Services LLC grew its position in ATI by 28.7% during the 1st quarter. Kestra Advisory Services LLC now owns 2,822 shares of the basic materials company’s stock worth $410,000 after purchasing an additional 630 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in ATI by 2.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 27,835 shares of the basic materials company’s stock valued at $4,049,000 after purchasing an additional 742 shares during the period. Finally, Kiley Juergens Wealth Management LLC acquired a new position in ATI in the first quarter valued at $291,000.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the transaction, the chief executive officer owned 157,321 shares in the company, valued at approximately $28,775,584.11. The trade was a 20.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders sold 160,442 shares of company stock valued at $28,535,831. 0.98% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. TD Cowen upped their target price on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday. Wells Fargo & Company began coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price target on shares of ATI in a research report on Friday, May 1st. Susquehanna increased their price objective on ATI from $185.00 to $215.00 and gave the stock a “positive” rating in a research report on Thursday. Finally, BTIG Research lifted their target price on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, ATI presently has a consensus rating of “Buy” and a consensus target price of $176.78.

ATI Stock Down 1.8%

ATI stock opened at $183.69 on Tuesday. The stock has a market capitalization of $25.07 billion, a PE ratio of 60.82, a price-to-earnings-growth ratio of 1.49 and a beta of 0.96. The company has a fifty day moving average of $179.62 and a 200-day moving average of $154.70. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. ATI Inc. has a one year low of $70.42 and a one year high of $205.31.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, analysts expect that ATI Inc. will post 4.47 EPS for the current year.

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.