Hantz Financial Services Inc. Boosts Stake in ATI Inc. $ATI

Hantz Financial Services Inc. grew its position in shares of ATI Inc. (NYSE:ATI) by 45.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 19,433 shares of the basic materials company’s stock after acquiring an additional 6,041 shares during the period. Hantz Financial Services Inc.’s holdings in ATI were worth $1,678,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC grew its stake in shares of ATI by 117.7% in the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock worth $33,000 after buying an additional 206 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of ATI by 79.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock worth $33,000 after buying an additional 171 shares during the last quarter. WPG Advisers LLC purchased a new stake in shares of ATI in the 1st quarter worth approximately $29,000. Bessemer Group Inc. grew its stake in shares of ATI by 139.9% in the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company’s stock worth $34,000 after buying an additional 386 shares during the last quarter. Finally, Olde Wealth Management LLC purchased a new stake in shares of ATI in the 1st quarter worth approximately $36,000.

ATI Price Performance

NYSE ATI opened at $98.95 on Friday. The business’s fifty day moving average price is $81.93 and its 200-day moving average price is $78.83. The stock has a market capitalization of $13.64 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 1.47 and a beta of 1.29. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.50 and a quick ratio of 1.20. ATI Inc. has a 1-year low of $39.23 and a 1-year high of $103.64.

ATI (NYSE:ATI) last released its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.10. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. ATI had a return on equity of 23.34% and a net margin of 9.71%.The company’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 EPS. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. On average, equities analysts predict that ATI Inc. will post 2.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ATI has been the topic of several analyst reports. Susquehanna upped their price objective on ATI from $100.00 to $120.00 and gave the company a “positive” rating in a research report on Wednesday. BTIG Research reaffirmed a “buy” rating and issued a $120.00 price objective on shares of ATI in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a $98.00 price objective on ATI in a research report on Wednesday, October 8th. Barclays upped their price objective on ATI from $75.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $93.71.

Insider Activity

In other news, Director David J. Morehouse sold 7,900 shares of the stock in a transaction 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 directly owned 44,777 shares of the company’s stock, valued at $3,394,544.37. This represents a 15.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Kimberly A. Fields sold 21,154 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $82.03, for a total value of $1,735,262.62. Following the transaction, the chief executive officer directly owned 223,821 shares in the company, valued at $18,360,036.63. The trade was a 8.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 136,460 shares of company stock valued at $10,750,979 in the last ninety days. 1.10% of the stock is currently owned by company insiders.

ATI Company Profile

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.