Illinois Municipal Retirement Fund Takes $1.11 Million Position in ATI Inc. $ATI

Illinois Municipal Retirement Fund acquired a new position in shares of ATI Inc. (NYSE:ATIFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 7,601 shares of the basic materials company’s stock, valued at approximately $1,106,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its stake in ATI by 53.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,648 shares of the basic materials company’s stock worth $3,103,000 after purchasing an additional 8,939 shares during the last quarter. Nordea Investment Management AB bought a new position in shares of ATI during the 4th quarter valued at about $6,114,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of ATI by 456.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,617 shares of the basic materials company’s stock valued at $14,875,000 after buying an additional 106,343 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of ATI by 65.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 25,214 shares of the basic materials company’s stock valued at $2,894,000 after buying an additional 10,004 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in ATI in the 1st quarter worth approximately $4,599,000.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 40,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the completion of the sale, the chief executive officer owned 157,321 shares of the company’s stock, valued at approximately $28,775,584.11. This represents a 20.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 160,442 shares of company stock worth $28,535,831 over the last ninety days. Corporate insiders own 0.98% of the company’s stock.

ATI Trading Down 0.7%

NYSE ATI opened at $195.74 on Thursday. The firm has a market cap of $26.71 billion, a PE ratio of 64.82, a price-to-earnings-growth ratio of 1.57 and a beta of 0.96. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31. The stock has a 50-day moving average of $183.72 and a 200-day moving average of $158.37. 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:ATIGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the company 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. As a group, sell-side analysts forecast that ATI Inc. will post 4.49 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on ATI shares. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research note on Monday. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. TD Cowen boosted their price objective on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Wells Fargo & Company initiated coverage on shares of ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $194.00 target price on shares of ATI in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $176.78.

View Our Latest Research Report on ATI

ATI Company Profile

(Free Report)

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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Institutional Ownership by Quarter for ATI (NYSE:ATI)

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