ATI Inc. $ATI Position Trimmed by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its stake in ATI Inc. (NYSE:ATI) by 49.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 176,486 shares of the basic materials company’s stock after selling 175,622 shares during the quarter. Corient Private Wealth LLC’s holdings in ATI were worth $20,491,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of ATI during the 4th quarter valued at $198,787,000. Capital World Investors raised its stake in shares of ATI by 15.8% during the 3rd quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after purchasing an additional 1,080,201 shares in the last quarter. Holocene Advisors LP lifted its holdings in shares of ATI by 153.7% during the 3rd quarter. Holocene Advisors LP now owns 1,534,114 shares of the basic materials company’s stock valued at $124,785,000 after buying an additional 929,333 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of ATI by 684.9% in the 4th quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock valued at $117,037,000 after buying an additional 889,912 shares in the last quarter. Finally, UBS Group AG increased its holdings in ATI by 143.3% in the fourth quarter. UBS Group AG now owns 1,193,129 shares of the basic materials company’s stock worth $136,923,000 after buying an additional 702,656 shares during the last quarter.

Insider Buying and Selling at ATI

In related 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 sale, the chief executive officer directly owned 218,014 shares of the company’s stock, 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 through this hyperlink. Insiders own 0.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ATI shares. Susquehanna lifted their target price on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a report on Friday, May 22nd. JPMorgan Chase & Co. increased their target price on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Wall Street Zen cut ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $164.38.

ATI Stock Up 1.3%

ATI opened at $203.96 on Tuesday. The business has a 50 day moving average of $169.29 and a 200-day moving average of $145.74. The stock has a market capitalization of $27.83 billion, a price-to-earnings ratio of 67.54, a P/E/G ratio of 1.73 and a beta of 0.96. 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 Inc. has a 1-year low of $70.42 and a 1-year high of $205.31.

ATI (NYSE:ATI) last released its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior 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 anticipate that ATI Inc. will post 4.43 earnings per share for the current year.

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.