Louisiana State Employees Retirement System Invests $5.73 Million in ATI Inc. $ATI

Louisiana State Employees Retirement System bought a new stake in shares of ATI Inc. (NYSE:ATI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 39,400 shares of the basic materials company’s stock, valued at approximately $5,731,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairvoy Private Wealth LLC acquired a new position in ATI during the first quarter worth $879,000. Kestra Private Wealth Services LLC grew its position in shares of ATI by 33.4% in the first quarter. Kestra Private Wealth Services LLC now owns 13,011 shares of the basic materials company’s stock valued at $1,893,000 after purchasing an additional 3,260 shares during the period. Friedenthal Financial purchased a new stake in shares of ATI during the first quarter worth about $981,000. Trust Co. of Oklahoma purchased a new stake in shares of ATI during the first quarter worth about $438,000. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of ATI by 24.3% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,941 shares of the basic materials company’s stock worth $719,000 after purchasing an additional 967 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts recently weighed in on ATI shares. Wells Fargo & Company started coverage on shares of ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target on the stock. Zacks Research lowered ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Weiss Ratings cut ATI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Susquehanna raised their target price on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, April 10th. Finally, KeyCorp lifted their price target on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $164.38.

ATI Stock Performance

ATI opened at $197.10 on Friday. The firm has a market capitalization of $26.90 billion, a PE ratio of 65.26, a PEG ratio of 1.72 and a beta of 0.96. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $205.31. The firm’s 50-day moving average price is $172.24 and its 200 day moving average price is $148.17. 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 released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. ATI’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm 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 expect that ATI Inc. will post 4.43 EPS for the current fiscal year.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 3,783 shares of ATI stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total transaction of $746,045.43. Following the transaction, the chief executive officer owned 197,321 shares in the company, valued at approximately $38,913,674.41. This trade represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 120,442 shares of company stock valued at $21,219,431 over the last ninety days. 0.98% of the stock is currently owned by company insiders.

ATI Company 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.