Transcend Capital Advisors LLC Has $291,000 Stock Position in ATI Inc. $ATI

Transcend Capital Advisors LLC lowered its stake in ATI Inc. (NYSE:ATI) by 56.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,373 shares of the basic materials company’s stock after selling 4,413 shares during the quarter. Transcend Capital Advisors LLC’s holdings in ATI were worth $291,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. WPG Advisers LLC acquired a new position in shares of ATI in the 1st quarter valued at $29,000. Golden State Wealth Management LLC lifted its stake in shares of ATI by 104.1% in the 1st quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 304 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of ATI by 79.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 171 shares during the period. Signaturefd LLC lifted its stake in shares of ATI by 117.7% in the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 206 shares during the period. Finally, Bessemer Group Inc. boosted its position in shares of ATI by 139.9% during the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 386 shares in the last quarter.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 21,154 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $82.03, for a total transaction of $1,735,262.62. Following the sale, the chief executive officer directly owned 223,821 shares of the company’s stock, valued at $18,360,036.63. The trade was a 8.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director David J. Morehouse sold 7,900 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $75.81, for a total transaction of $598,899.00. Following the sale, the director directly owned 44,777 shares in the company, valued at $3,394,544.37. This trade represents a 15.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 136,460 shares of company stock worth $10,750,979. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ATI. Susquehanna lifted their price target on shares of ATI from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a $98.00 price target on shares of ATI in a research report on Wednesday, October 8th. BTIG Research reissued a “buy” rating and set a $120.00 price target on shares of ATI in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Zacks Research raised shares of ATI to a “hold” rating in a research report on Tuesday, August 12th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.71.

ATI Price Performance

ATI stock opened at $101.15 on Friday. The stock has a 50-day moving average price of $81.43 and a two-hundred day moving average price of $78.25. The stock has a market cap of $13.94 billion, a PE ratio of 32.73, a price-to-earnings-growth ratio of 1.47 and a beta of 1.29. The company has a current ratio of 2.50, a quick ratio of 1.20 and a debt-to-equity ratio of 0.94. ATI Inc. has a 1 year low of $39.23 and a 1 year high of $103.64.

ATI (NYSE:ATI) last released its earnings results on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.10. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. ATI had a return on equity of 23.34% and a net margin of 9.71%.The company’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 EPS. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. Equities analysts forecast that ATI Inc. will post 2.89 EPS for the current fiscal year.

ATI Company Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.