Kestra Private Wealth Services LLC Boosts Holdings in ATI Inc. $ATI

Kestra Private Wealth Services LLC raised its position in ATI Inc. (NYSE:ATI) by 33.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 13,011 shares of the basic materials company’s stock after buying an additional 3,260 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in ATI were worth $1,893,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Capital International Investors increased its stake in shares of ATI by 2.6% during the third quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock worth $1,394,349,000 after acquiring an additional 436,131 shares during the period. Capital World Investors boosted its holdings in ATI by 15.8% in the 3rd quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock valued at $642,633,000 after purchasing an additional 1,080,201 shares in the last quarter. State Street Corp boosted its holdings in ATI by 7.4% in the 3rd quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock valued at $491,476,000 after purchasing an additional 415,479 shares in the last quarter. Capital Research Global Investors boosted its holdings in ATI by 12.0% in the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock valued at $414,481,000 after purchasing an additional 386,754 shares in the last quarter. Finally, Invesco Ltd. increased its position in ATI by 7.4% during the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock worth $388,454,000 after purchasing an additional 233,010 shares during the period.

Analysts Set New Price Targets

ATI has been the subject of several recent analyst reports. Wall Street Zen cut ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings cut ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 23rd. Wells Fargo & Company began coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price for the company. Susquehanna raised their target price on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $194.00 target price on shares of ATI in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $164.38.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold a total of 120,442 shares of company stock valued at $21,219,431 in the last three months. Company insiders own 0.98% of the company’s stock.

ATI Price Performance

Shares of NYSE:ATI opened at $197.10 on Monday. The firm has a market capitalization of $26.90 billion, a price-to-earnings ratio of 65.26, a price-to-earnings-growth ratio of 1.70 and a beta of 0.96. 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 business’s 50 day simple moving average is $172.24 and its 200-day simple moving average is $148.52. ATI Inc. has a 12 month low of $70.42 and a 12 month high of $205.31.

ATI (NYSE:ATI) last released 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. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business posted $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, equities analysts forecast that ATI Inc. will post 4.43 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.