5,371 Shares in ATI Inc. $ATI Bought by Oakmont Investment Advisors Inc.

Oakmont Investment Advisors Inc. purchased a new stake in ATI Inc. (NYSE:ATI) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 5,371 shares of the basic materials company’s stock, valued at approximately $1,059,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Triumph Capital Management lifted its holdings in ATI by 22.4% in the second quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock worth $62,000 after buying an additional 58 shares during the period. Meeder Asset Management Inc. grew its holdings in shares of ATI by 2.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock worth $401,000 after acquiring an additional 74 shares during the period. Lido Advisors LLC grew its holdings in shares of ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after acquiring an additional 101 shares during the period. Signature Equity Partners LLC raised its position in shares of ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 123 shares in the last quarter. Finally, ARK Investment Management LLC raised its position in shares of ATI by 19.8% in the 4th quarter. ARK Investment Management LLC now owns 889 shares of the basic materials company’s stock worth $102,000 after acquiring an additional 147 shares in the last quarter.

Insider Buying and Selling

In other ATI news, Director David J. Morehouse sold 2,485 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total transaction of $501,000.85. Following the sale, the director directly owned 35,826 shares in the company, valued at approximately $7,222,879.86. This trade represents a 6.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total value of $7,316,400.00. Following the completion of the sale, the chief executive officer directly owned 157,321 shares of the company’s stock, valued at approximately $28,775,584.11. The trade was a 20.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 136,280 shares of company stock worth $27,243,528 in the last three months. Insiders own 0.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ATI shares. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 target price on shares of ATI in a research note on Monday, August 10th. KeyCorp lifted their target price on shares of ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $232.00.

ATI Stock Up 2.9%

NYSE:ATI opened at $210.52 on Friday. The firm has a market cap of $28.67 billion, a P/E ratio of 61.74, a P/E/G ratio of 1.24 and a beta of 1.01. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. ATI Inc. has a fifty-two week low of $74.45 and a fifty-two week high of $243.57. The firm has a 50-day simple moving average of $202.12 and a two-hundred day simple moving average of $176.74.

ATI (NYSE:ATI) last issued 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 firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm posted $0.74 earnings per share. The business’s revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Analysts predict that ATI Inc. will post 5.11 earnings per share for the current fiscal year.

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.