Keystone Investors PTE Ltd. Cuts Holdings in ATI Inc. $ATI

Keystone Investors PTE Ltd. decreased its stake in shares of ATI Inc. (NYSE:ATI) by 87.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,415 shares of the basic materials company’s stock after selling 227,865 shares during the quarter. Keystone Investors PTE Ltd.’s holdings in ATI were worth $3,835,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. True Wealth Design LLC increased its holdings in 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 purchasing an additional 225 shares during the period. Prestige Wealth Management Group LLC purchased a new position in shares of ATI in the 3rd quarter valued at about $34,000. Torren Management LLC purchased a new position in shares of ATI in the 4th quarter valued at about $52,000. Allworth Financial LP increased its holdings in shares of ATI by 50.8% in the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 180 shares during the last quarter. Finally, Clearstead Advisors LLC increased its holdings in shares of ATI by 137.3% in the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after acquiring an additional 346 shares during the last quarter.

Wall Street Analyst Weigh In

ATI has been the topic of a number of recent analyst reports. Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $194.00 price objective on shares of ATI in a report on Friday, May 1st. KeyCorp increased their price objective on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Zacks Research downgraded ATI from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $164.38.

ATI Stock Down 0.7%

Shares of NYSE ATI opened at $198.07 on Friday. The stock has a market cap of $27.03 billion, a PE ratio of 65.59, a price-to-earnings-growth ratio of 1.72 and a beta of 0.96. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. ATI Inc. has a 52-week low of $70.42 and a 52-week high of $203.60. The business has a 50-day moving average price of $163.49 and a 200 day moving average price of $141.24.

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

ATI announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 19th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the basic materials company to repurchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the sale, the chief executive officer directly owned 218,014 shares of the company’s stock, valued at $39,039,766.98. This represents a 21.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.98% of the stock is currently owned by company insiders.

ATI Company 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.