NewEdge Wealth LLC Makes New Investment in ATI Inc. $ATI

NewEdge Wealth LLC bought a new position in shares of ATI Inc. (NYSE:ATI) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,985 shares of the basic materials company’s stock, valued at approximately $785,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signature Equity Partners LLC grew its position in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after buying an additional 123 shares in the last quarter. CoreCap Advisors LLC bought a new position in ATI during the 2nd quarter worth $30,000. Torren Management LLC acquired a new position in ATI in the 4th quarter valued at $52,000. Summit Securities Group LLC acquired a new position in ATI in the 1st quarter valued at $60,000. Finally, Hollencrest Capital Management lifted its position in shares of ATI by 283.1% during the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after acquiring an additional 334 shares during the period.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Susquehanna increased their target price on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a report on Friday, August 7th. KeyCorp boosted their price target on ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. BTIG Research upped their price objective on shares of ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $232.00.

ATI Stock Down 1.1%

NYSE ATI opened at $206.84 on Friday. The business has a fifty day moving average price of $200.19 and a two-hundred day moving average price of $171.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. ATI Inc. has a fifty-two week low of $71.94 and a fifty-two week high of $243.57. The stock has a market capitalization of $28.17 billion, a PE ratio of 60.66, a PEG ratio of 1.26 and a beta of 0.98.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the business posted $0.74 EPS. The company’s 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. Equities analysts expect that ATI Inc. will post 5.15 earnings per share for the current fiscal year.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 24,845 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $231.19, for a total value of $5,743,915.55. Following the sale, the chief executive officer directly owned 100,719 shares of the company’s stock, valued at $23,285,225.61. This trade represents a 19.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders sold 177,044 shares of company stock worth $33,976,616. 0.98% of the stock is owned by corporate insiders.

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.