Accel Wealth Management Makes New Investment in ATI Inc. $ATI

Accel Wealth Management purchased a new position in shares of ATI Inc. (NYSE:ATI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,994 shares of the basic materials company’s stock, valued at approximately $259,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas acquired a new stake in ATI during the first quarter worth about $1,243,000. Bank of New York Mellon Corp increased its stake in ATI by 1.2% during the first quarter. Bank of New York Mellon Corp now owns 902,200 shares of the basic materials company’s stock worth $46,941,000 after acquiring an additional 11,048 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of ATI by 39.2% in the first quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company’s stock valued at $181,000 after buying an additional 979 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of ATI by 14.1% in the second quarter. Public Employees Retirement System of Ohio now owns 44,195 shares of the basic materials company’s stock valued at $3,816,000 after buying an additional 5,466 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of ATI by 14.2% in the first quarter. KBC Group NV now owns 5,779 shares of the basic materials company’s stock valued at $301,000 after buying an additional 720 shares in the last quarter.

ATI Price Performance

Shares of NYSE ATI opened at $81.34 on Monday. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $96.20. The business has a 50 day moving average price of $77.81 and a two-hundred day moving average price of $73.47. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. The firm has a market cap of $11.21 billion, a PE ratio of 28.24, a price-to-earnings-growth ratio of 1.11 and a beta of 1.29.

ATI (NYSE:ATI) last issued its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. ATI had a return on equity of 21.34% and a net margin of 9.26%.The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm earned $0.60 EPS. ATI’s quarterly revenue was up 4.1% on a year-over-year basis. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. Sell-side analysts expect that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling at ATI

In other ATI news, Director David J. Morehouse sold 7,900 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $75.81, for a total transaction of $598,899.00. Following the transaction, the director owned 44,777 shares of the company’s stock, valued at $3,394,544.37. This trade represents a 15.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Kimberly A. Fields sold 20,312 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $80.33, for a total value of $1,631,662.96. Following the transaction, the chief executive officer directly owned 244,975 shares in the company, valued at approximately $19,678,841.75. This represents a 7.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 94,153 shares of company stock worth $7,199,308 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ATI has been the subject of a number of recent research reports. BTIG Research reiterated a “buy” rating and issued a $120.00 target price on shares of ATI in a research note on Friday, September 12th. Susquehanna lowered their target price on ATI from $105.00 to $100.00 and set a “positive” rating for the company in a research note on Friday, August 1st. Barclays increased their target price on ATI from $75.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Zacks Research upgraded ATI to a “hold” rating in a research note on Tuesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft set a $115.00 target price on ATI and gave the company a “hold” rating in a research note on Tuesday, July 8th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.29.

About ATI

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.