ATI Inc. $ATI Shares Sold by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. lowered its holdings in ATI Inc. (NYSE:ATI) by 17.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,367 shares of the basic materials company’s stock after selling 13,483 shares during the period. Capital Group Private Client Services Inc.’s holdings in ATI were worth $7,272,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Capital International Investors grew its stake in shares of ATI by 2.6% in the third quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock worth $1,394,349,000 after acquiring an additional 436,131 shares in the last quarter. Capital World Investors grew its position in shares of ATI by 15.8% during the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after buying an additional 1,080,201 shares in the last quarter. State Street Corp grew its position in shares of ATI by 7.4% during the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after buying an additional 415,479 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of ATI by 7.1% during the third quarter. Dimensional Fund Advisors LP now owns 2,142,000 shares of the basic materials company’s stock worth $174,210,000 after buying an additional 142,696 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of ATI during the fourth quarter worth about $198,787,000.

ATI Price Performance

ATI stock opened at $177.57 on Friday. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $183.30. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. The business has a 50 day simple moving average of $158.86 and a 200-day simple moving average of $138.01. The stock has a market capitalization of $24.23 billion, a PE ratio of 58.80, a price-to-earnings-growth ratio of 1.53 and a beta of 0.96.

ATI (NYSE:ATI) last released its quarterly 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 business 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 company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.72 earnings per share. 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 predict that ATI Inc. will post 4.43 earnings per share for the current year.

ATI announced that its board has authorized a stock buyback plan on Thursday, February 19th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

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

Insider Buying and Selling at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the stock in a transaction on 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 transaction, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the sale, the director directly owned 38,168 shares in the company, valued at $5,887,414. This trade represents a 14.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 106,358 shares of company stock valued at $18,087,092 in the last quarter. 0.98% of the stock is currently owned by company insiders.

ATI 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.