ATI Inc. $ATI Stake Increased by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. grew its holdings in ATI Inc. (NYSE:ATI) by 132.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,299 shares of the basic materials company’s stock after purchasing an additional 51,419 shares during the period. Epoch Investment Partners Inc.’s holdings in ATI were worth $10,363,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Channing Capital Management LLC raised its holdings in shares of ATI by 34.2% during the third quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock worth $90,219,000 after acquiring an additional 282,529 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of 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 acquiring an additional 8,939 shares in the last quarter. Nordea Investment Management AB acquired a new position in ATI in the 4th quarter worth about $6,114,000. First Financial Bankshares Inc acquired a new position in ATI in the 3rd quarter worth about $1,589,000. Finally, Intech Investment Management LLC increased its position in ATI by 96.6% in the 3rd quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company’s stock worth $4,237,000 after purchasing an additional 25,590 shares during the last quarter.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s 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 in the company, valued at $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.98% of the stock is currently owned by company insiders.

ATI Price Performance

NYSE ATI opened at $198.07 on Monday. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $203.60. The stock’s 50-day moving average is $163.49 and its two-hundred day moving average is $141.54. 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 firm has a market cap of $27.03 billion, a P/E ratio of 65.59, a price-to-earnings-growth ratio of 1.71 and a beta of 0.96.

ATI (NYSE:ATI) last posted its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company earned $0.72 earnings per share. The business’s revenue was up .6% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

ATI declared that its board has authorized a stock buyback plan on Thursday, February 19th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the basic materials company to repurchase up to 2.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

ATI has been the topic of several research reports. Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. JPMorgan Chase & Co. upped their target price on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Wells Fargo & Company initiated coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $164.38.

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.