SG Americas Securities LLC Increases Holdings in ATI Inc. $ATI

SG Americas Securities LLC increased its position in ATI Inc. (NYSE:ATI) by 1,062.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,417 shares of the basic materials company’s stock after buying an additional 62,529 shares during the quarter. SG Americas Securities LLC’s holdings in ATI were worth $7,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Management One Co. Ltd. purchased a new position in shares of ATI during the third quarter worth approximately $3,664,000. Channing Capital Management LLC boosted its stake in shares of ATI by 34.2% in the 3rd quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock valued at $90,219,000 after purchasing an additional 282,529 shares in the last quarter. Nordea Investment Management AB bought a new position in shares of ATI during the 4th quarter valued at $6,114,000. Intech Investment Management LLC grew its holdings in shares of ATI by 96.6% during the 3rd quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company’s stock valued at $4,237,000 after purchasing an additional 25,590 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in ATI by 27.4% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 39,682 shares of the basic materials company’s stock worth $3,228,000 after purchasing an additional 8,532 shares during the period.

ATI Trading Down 3.3%

Shares of ATI opened at $135.76 on Tuesday. The stock has a market capitalization of $18.53 billion, a P/E ratio of 47.80, a PEG ratio of 1.39 and a beta of 0.95. ATI Inc. has a twelve month low of $39.23 and a twelve month high of $168.14. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $142.96 and a two-hundred day simple moving average of $114.17.

ATI (NYSE:ATI) last released its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. ATI had a net margin of 8.81% and a return on equity of 24.26%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. On average, research analysts anticipate that ATI Inc. will post 2.89 EPS for the current year.

ATI declared that its board has initiated a stock buyback plan on Thursday, February 19th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the basic materials company to repurchase up to 2.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ATI. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. BTIG Research lifted their price objective on ATI from $120.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Susquehanna set a $155.00 target price on ATI in a report on Wednesday, February 4th. Finally, KeyCorp initiated coverage on ATI in a research report on Wednesday, March 25th. They set an “overweight” rating and a $140.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $134.00.

Insider Transactions at ATI

In other ATI news, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the transaction, the director owned 38,168 shares of the company’s stock, valued at $5,887,414. This represents a 14.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.10% of the stock is currently owned by corporate 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.