Swiss National Bank Trims Stock Position in ATI Inc. $ATI

Swiss National Bank lessened its holdings in ATI Inc. (NYSE:ATI) by 1.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 268,800 shares of the basic materials company’s stock after selling 2,900 shares during the period. Swiss National Bank’s holdings in ATI were worth $39,100,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. True Wealth Design LLC grew its position in ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after buying an additional 225 shares during the period. Allworth Financial LP raised its position in ATI by 50.8% in the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 180 shares during the period. Torren Management LLC purchased a new position in shares of ATI during the 4th quarter worth $52,000. Summit Securities Group LLC purchased a new position in shares of ATI during the 1st quarter worth $60,000. Finally, Clearstead Advisors LLC grew its position in shares of ATI by 137.3% during the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock valued at $69,000 after acquiring an additional 346 shares during the period.

ATI Stock Performance

Shares of NYSE ATI opened at $195.74 on Thursday. The stock has a market cap of $26.71 billion, a PE ratio of 64.82, a price-to-earnings-growth ratio of 1.57 and a beta of 0.96. ATI Inc. has a 1 year low of $70.42 and a 1 year high of $205.31. The firm has a fifty day moving average price of $183.72 and a 200-day moving average price of $158.37. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17.

ATI (NYSE:ATI) last released its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. ATI’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Equities analysts anticipate that ATI Inc. will post 4.49 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Kimberly A. Fields sold 40,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total value of $7,316,400.00. Following the transaction, the chief executive officer directly owned 157,321 shares in the company, valued at $28,775,584.11. The trade was a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 160,442 shares of company stock worth $28,535,831 over the last quarter. 0.98% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ATI has been the subject of several analyst reports. BTIG Research upped their price objective on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price target for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price target on shares of ATI in a research report on Friday, May 1st. Zacks Research raised ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Susquehanna lifted their price objective on ATI from $185.00 to $215.00 and gave the company a “positive” rating in a research report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $176.78.

ATI Company 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.