Precision Wealth Strategies LLC Buys New Holdings in ATI Inc. $ATI

Precision Wealth Strategies LLC bought a new stake in ATI Inc. (NYSE:ATI) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,939 shares of the basic materials company’s stock, valued at approximately $1,009,000.

Other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in ATI by 7.4% during the 3rd quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after acquiring an additional 415,479 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of ATI by 12.0% in the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock valued at $414,481,000 after purchasing an additional 386,754 shares in the last quarter. Invesco Ltd. raised its holdings in shares of ATI by 7.4% in the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock valued at $388,454,000 after purchasing an additional 233,010 shares in the last quarter. Norges Bank purchased a new stake in shares of ATI during the 4th quarter worth $198,787,000. Finally, UBS Group AG lifted its position in shares of ATI by 143.3% during the 4th quarter. UBS Group AG now owns 1,193,129 shares of the basic materials company’s stock worth $136,923,000 after purchasing an additional 702,656 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ATI shares. TD Cowen increased their target price on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price target on shares of ATI in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their price objective on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Finally, Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Two research 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, the stock presently has an average rating of “Buy” and an average price target of $176.78.

ATI Trading Up 0.1%

Shares of ATI stock opened at $185.77 on Friday. The company has a fifty day simple moving average of $181.89 and a 200-day simple moving average of $156.44. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $205.31. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The stock has a market cap of $25.35 billion, a price-to-earnings ratio of 61.51, a PEG ratio of 1.48 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 analysts’ consensus estimates of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm posted $0.72 EPS. The company’s revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, equities analysts forecast that ATI Inc. will post 4.49 EPS for the current fiscal year.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the firm’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 transaction, the chief executive officer owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 160,442 shares of company stock valued at $28,535,831 in the last three months. Corporate 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.