ATI Inc. $ATI Stock Holdings Decreased by Carnegie Investment Counsel

Carnegie Investment Counsel reduced its position in shares of ATI Inc. (NYSE:ATI) by 60.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,136 shares of the basic materials company’s stock after selling 3,300 shares during the period. Carnegie Investment Counsel’s holdings in ATI were worth $311,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. True Wealth Design LLC boosted its holdings in shares of ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 225 shares during the period. Summit Securities Group LLC acquired a new stake in shares of ATI in the 1st quarter worth about $60,000. Torren Management LLC bought a new stake in ATI in the 4th quarter valued at about $52,000. Allworth Financial LP lifted its position in ATI by 50.8% in the 3rd 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 last quarter. Finally, Clearstead Advisors LLC boosted its stake in ATI by 137.3% during the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after purchasing an additional 346 shares during the period.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

ATI has been the subject of several recent analyst reports. KeyCorp upped their target price on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. JPMorgan Chase & Co. lifted their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research report on Sunday. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Finally, Susquehanna raised their target price on ATI from $185.00 to $215.00 and gave the company a “positive” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat, ATI currently has a consensus rating of “Buy” and a consensus target price of $176.78.

ATI Price Performance

Shares of NYSE ATI opened at $189.63 on Wednesday. ATI Inc. has a twelve month low of $70.42 and a twelve 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. The company has a market capitalization of $25.88 billion, a price-to-earnings ratio of 62.79, a PEG ratio of 1.47 and a beta of 0.96. The firm has a 50-day moving average of $180.31 and a two-hundred day moving average of $155.21.

ATI (NYSE:ATI) last posted its quarterly earnings data 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 net margin of 9.26% and a return on equity of 26.44%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm posted $0.72 EPS. The business’s revenue for the quarter was up .6% on a year-over-year basis. 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, analysts expect that ATI Inc. will post 4.47 earnings per share for the current fiscal 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.