15,844 Shares in ATI Inc. $ATI Purchased by Dockside LLC

Dockside LLC purchased a new position in shares of ATI Inc. (NYSE:ATI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,844 shares of the basic materials company’s stock, valued at approximately $1,818,000.

A number of other large investors have also recently made changes to their positions in ATI. Royal Bank of Canada boosted its stake in shares of ATI by 8.1% during the 1st quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company’s stock worth $3,140,000 after purchasing an additional 4,542 shares during the period. Goldman Sachs Group Inc. boosted its position in ATI by 49.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock valued at $32,984,000 after buying an additional 209,480 shares during the period. Cetera Investment Advisers purchased a new stake in ATI in the 2nd quarter valued at about $324,000. M&T Bank Corp purchased a new stake in ATI in the 2nd quarter valued at about $317,000. Finally, First Trust Advisors LP boosted its position in ATI by 4.9% in the 2nd quarter. First Trust Advisors LP now owns 197,214 shares of the basic materials company’s stock valued at $17,028,000 after buying an additional 9,234 shares during the period.

ATI Trading Down 0.7%

NYSE:ATI opened at $198.07 on Friday. ATI Inc. has a one year low of $70.42 and a one year high of $203.60. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. The firm has a market cap of $27.03 billion, a P/E ratio of 65.59, a P/E/G ratio of 1.71 and a beta of 0.96. The firm has a 50-day simple moving average of $163.49 and a 200-day simple moving average of $141.24.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.88 by $0.12. The firm had revenue of $1.15 billion during 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%. ATI’s revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $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 analysts anticipate that ATI Inc. will post 4.43 EPS for the current fiscal year.

ATI declared that its board has approved a stock repurchase program on Thursday, February 19th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wells Fargo & Company assumed coverage on shares of ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. Wall Street Zen cut shares of ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Zacks Research cut shares of ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a research report on Friday, May 22nd. Finally, BTIG Research boosted their price objective on shares of ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $164.38.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the completion of the transaction, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. The trade was a 21.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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.