ATI Inc. $ATI Shares Purchased by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. boosted its position in ATI Inc. (NYSE:ATI) by 58.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,845 shares of the basic materials company’s stock after buying an additional 16,896 shares during the period. Cookson Peirce & Co. Inc.’s holdings in ATI were worth $9,036,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Signature Equity Partners LLC boosted its holdings in shares of ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 123 shares during the last quarter. CoreCap Advisors LLC purchased a new position in shares of ATI during the second quarter worth $30,000. Summit Securities Group LLC acquired a new position in ATI during the first quarter valued at $60,000. Hollencrest Capital Management boosted its holdings in ATI by 283.1% in the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 334 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its holdings in ATI by 137.3% in the fourth quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after purchasing an additional 346 shares during the last quarter.

Analyst Ratings Changes

ATI has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $262.00 price objective on shares of ATI in a research note on Monday, August 10th. Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. BTIG Research boosted their target price on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Zacks Research raised shares of ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $275.00 price objective on shares of ATI in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $232.00.

ATI Stock Performance

NYSE ATI opened at $210.29 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $201.64 and its 200-day simple moving average is $174.45. The company has a market cap of $28.64 billion, a PE ratio of 61.67, a price-to-earnings-growth ratio of 1.27 and a beta of 0.98. ATI Inc. has a 1-year low of $74.45 and a 1-year high of $243.57.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, equities research analysts anticipate that ATI Inc. will post 5.15 EPS for the current fiscal year.

Insider Activity

In other news, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $231.19, for a total value of $5,743,915.55. Following the completion of the sale, the chief executive officer directly owned 100,719 shares in the company, valued at $23,285,225.61. This represents a 19.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 177,044 shares of company stock worth $33,976,616 over the last ninety days. 0.98% of the stock is owned by corporate insiders.

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.