Toth Financial Advisory Corp Raises Stock Position in ATI Inc. $ATI

Toth Financial Advisory Corp boosted its stake in ATI Inc. (NYSE:ATI) by 124.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,609 shares of the basic materials company’s stock after purchasing an additional 3,109 shares during the period. Toth Financial Advisory Corp’s holdings in ATI were worth $1,106,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ATI. Van ECK Associates Corp bought a new position in shares of ATI during the 2nd quarter valued at $5,510,000. Hsbc Holdings PLC increased its position in ATI by 126.1% during the second quarter. Hsbc Holdings PLC now owns 65,083 shares of the basic materials company’s stock valued at $12,818,000 after acquiring an additional 36,295 shares during the last quarter. Wellington Management Group LLP increased its position in ATI by 7.5% during the second quarter. Wellington Management Group LLP now owns 81,401 shares of the basic materials company’s stock valued at $16,044,000 after acquiring an additional 5,656 shares during the last quarter. Archer Investment Corp bought a new position in ATI in the second quarter valued at about $298,000. Finally, Beacon Pointe Advisors LLC bought a new position in ATI in the second quarter valued at about $331,000.

Insider Activity

In related news, CEO Kimberly A. Fields sold 24,845 shares of ATI stock in a transaction on Monday, August 17th. The shares were sold at an average price of $231.19, for a total transaction of $5,743,915.55. Following the transaction, the chief executive officer owned 100,719 shares in the company, valued at approximately $23,285,225.61. The trade was a 19.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 177,044 shares of company stock valued at $33,976,616 over the last three months. Corporate insiders own 0.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Susquehanna boosted their price target on ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $262.00 price objective on shares of ATI in a report on Monday, August 10th. TD Cowen boosted their target price on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Finally, Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $232.00.

ATI Stock Down 2.0%

ATI stock opened at $210.29 on Friday. The business’s 50-day moving average price is $201.64 and its 200-day moving average price is $174.45. The stock has a market cap of $28.64 billion, a P/E ratio of 61.67, a PEG ratio of 1.29 and a beta of 0.98. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. ATI Inc. has a twelve month low of $74.45 and a twelve month high of $243.57.

ATI (NYSE:ATI) last released its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the firm posted $0.74 EPS. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, equities research analysts forecast that ATI Inc. will post 5.15 EPS for the current 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.