OP Asset Management Ltd Takes Position in ATI Inc. $ATI

OP Asset Management Ltd bought a new position in shares of ATI Inc. (NYSE:ATI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,985 shares of the basic materials company’s stock, valued at approximately $3,343,000.

Other institutional investors have also modified their holdings of the company. True Wealth Design LLC boosted its stake in ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 225 shares during the period. Allworth Financial LP increased its stake in ATI by 50.8% in the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 180 shares during the period. Torren Management LLC purchased a new stake in shares of ATI in the fourth quarter valued at about $52,000. ARK Investment Management LLC raised its holdings in shares of ATI by 378.7% in the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock valued at $60,000 after buying an additional 587 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its stake in shares of ATI by 137.3% during the fourth quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock worth $69,000 after buying an additional 346 shares during the period.

ATI Stock Performance

NYSE ATI opened at $197.10 on Friday. The stock has a market capitalization of $26.90 billion, a price-to-earnings ratio of 65.26, a PEG ratio of 1.70 and a beta of 0.96. The business’s 50 day moving average is $172.24 and its two-hundred day moving average is $148.17. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $205.31. 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) last posted its quarterly 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. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the firm earned $0.72 EPS. The company’s quarterly 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. Research analysts expect that ATI Inc. will post 4.43 EPS for the current year.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 3,783 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $197.21, for a total transaction of $746,045.43. Following the sale, the chief executive officer directly owned 197,321 shares in the company, valued at approximately $38,913,674.41. The trade was a 1.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 120,442 shares of company stock valued at $21,219,431 over the last three months. 0.98% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ATI shares. JPMorgan Chase & Co. raised their price target on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $194.00 price objective on shares of ATI in a research report on Friday, May 1st. Wells Fargo & Company began coverage on ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock. KeyCorp boosted their target price on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Susquehanna upped their price target on ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, April 10th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, ATI presently has a consensus rating of “Buy” and a consensus target price of $164.38.

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.