WINTON GROUP Ltd decreased its holdings in ATI Inc. (NYSE:ATI – Free Report) by 88.6% during the 4th quarter, HoldingsChannel reports. The firm owned 11,100 shares of the basic materials company’s stock after selling 86,399 shares during the quarter. WINTON GROUP Ltd’s holdings in ATI were worth $1,274,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Lido Advisors LLC increased its stake in shares of ATI by 2.7% in the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 101 shares during the last quarter. Smartleaf Asset Management LLC grew its position in ATI by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after acquiring an additional 118 shares during the last quarter. Activest Wealth Management grew its position in ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after acquiring an additional 125 shares during the last quarter. D.A. Davidson & CO. grew its position in ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after acquiring an additional 140 shares during the last quarter. Finally, Johnson Investment Counsel Inc. grew its position in ATI by 6.1% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 2,624 shares of the basic materials company’s stock worth $213,000 after acquiring an additional 150 shares during the last quarter.
Analyst Upgrades and Downgrades
ATI has been the topic of a number of research reports. Susquehanna boosted their price objective on ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a research report on Friday, April 10th. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. KeyCorp boosted their price objective on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $194.00 price objective on shares of ATI in a research report on Friday, May 1st. Finally, BTIG Research boosted their price objective on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. One research 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $164.38.
ATI Stock Up 1.6%
Shares of ATI opened at $180.25 on Tuesday. The company has a market capitalization of $24.60 billion, a PE ratio of 59.68, a PEG ratio of 1.53 and a beta of 0.96. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $183.30. The stock’s 50-day moving average price is $159.59 and its two-hundred day moving average price is $138.86. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95.
ATI (NYSE:ATI – Get Free Report) last announced its earnings results 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 for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, analysts anticipate that ATI Inc. will post 4.43 EPS for the current year.
ATI declared that its Board of Directors has initiated a share repurchase plan on Thursday, February 19th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the basic materials company to purchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Insider Buying and Selling
In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of ATI 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 directly owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.98% of the company’s stock.
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.
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