SG Americas Securities LLC Acquires 1,006,951 Shares of ATI Inc. $ATI

SG Americas Securities LLC lifted its holdings in ATI Inc. (NYSE:ATI) by 1,471.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,075,368 shares of the basic materials company’s stock after buying an additional 1,006,951 shares during the quarter. SG Americas Securities LLC owned approximately 0.79% of ATI worth $156,423,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ATI. Evolve Private Wealth LLC purchased a new stake in ATI in the first quarter worth about $215,000. Diversified Trust Co purchased a new position in shares of ATI during the first quarter valued at approximately $205,000. Hsbc Holdings PLC boosted its position in shares of ATI by 233.0% in the 4th quarter. Hsbc Holdings PLC now owns 90,781 shares of the basic materials company’s stock worth $10,499,000 after purchasing an additional 63,518 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of ATI by 42.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,224 shares of the basic materials company’s stock worth $370,000 after purchasing an additional 967 shares in the last quarter. Finally, World Investment Advisors purchased a new stake in shares of ATI in the 4th quarter worth approximately $273,000.

ATI Price Performance

Shares of NYSE ATI opened at $201.31 on Monday. The firm has a market cap of $27.47 billion, a P/E ratio of 66.66, a PEG ratio of 1.73 and a beta of 0.96. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $203.60. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. The company has a 50 day moving average of $168.39 and a 200 day moving average of $145.00.

ATI (NYSE:ATI) last issued its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The company’s revenue was up .6% compared to the same quarter last year. During the same period last year, the business posted $0.72 EPS. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, research analysts expect that ATI Inc. will post 4.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. BTIG Research lifted their price objective on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Wells Fargo & Company began coverage on ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock. JPMorgan Chase & Co. raised their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Susquehanna upped their price target on shares of ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $164.38.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the sale, the chief executive officer directly owned 218,014 shares of the company’s stock, valued at $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.98% of the stock is owned by company insiders.

About ATI

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.