Global Retirement Partners LLC Acquires 6,035 Shares of ATI Inc. $ATI

Global Retirement Partners LLC lifted its holdings in shares of ATI Inc. (NYSE:ATI) by 7,543.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,115 shares of the basic materials company’s stock after acquiring an additional 6,035 shares during the quarter. Global Retirement Partners LLC’s holdings in ATI were worth $702,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATI. True Wealth Design LLC raised 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 in the last quarter. Prestige Wealth Management Group LLC bought a new position in shares of ATI during the third quarter valued at approximately $34,000. Allworth Financial LP raised its holdings in shares of ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 180 shares in the last quarter. Torren Management LLC bought a new position in shares of ATI during the fourth quarter valued at approximately $52,000. Finally, ARK Investment Management LLC raised its holdings in shares of ATI by 378.7% during the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 587 shares in the last quarter.

Insider Buying and Selling at ATI

In other news, Director David J. Morehouse sold 6,609 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the transaction, the director directly owned 38,168 shares in the company, valued at $5,887,414. This trade represents a 14.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kimberly A. Fields sold 40,000 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $159.21, for a total value of $6,368,400.00. Following the transaction, the chief executive officer owned 277,763 shares of the company’s stock, valued at $44,222,647.23. The trade was a 12.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.98% of the stock is owned by company insiders.

ATI Stock Performance

Shares of ATI stock opened at $168.98 on Wednesday. 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 firm has a market capitalization of $23.06 billion, a P/E ratio of 55.95, a P/E/G ratio of 1.40 and a beta of 0.94. The business has a fifty day simple moving average of $154.23 and a two-hundred day simple moving average of $133.88. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $171.11.

ATI (NYSE:ATI) last announced its quarterly earnings data 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 business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, equities analysts forecast that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

ATI declared that its Board of Directors has authorized a stock repurchase plan on Thursday, February 19th that authorizes the company to buyback $500.00 million in 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 typically a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

ATI has been the subject of several recent research reports. KeyCorp raised their price objective on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Susquehanna raised their price objective on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, April 10th. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Wells Fargo & Company initiated coverage on ATI in a research report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $164.38.

About ATI

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.