Motiv8 Investments LLC Makes New Investment in ATI Inc. $ATI

Motiv8 Investments LLC purchased a new stake in ATI Inc. (NYSE:ATI) during the second quarter, Holdings Channel.com reports. The firm purchased 2,550 shares of the basic materials company’s stock, valued at approximately $220,000.

Other institutional investors also recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in shares of ATI by 3.3% during the first quarter. Invesco Ltd. now owns 4,850,439 shares of the basic materials company’s stock valued at $252,368,000 after buying an additional 153,939 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in ATI by 2.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,617,314 shares of the basic materials company’s stock valued at $136,164,000 after acquiring an additional 59,811 shares in the last quarter. American Century Companies Inc. grew its holdings in ATI by 4.5% in the first quarter. American Century Companies Inc. now owns 1,422,116 shares of the basic materials company’s stock worth $73,993,000 after purchasing an additional 60,651 shares during the last quarter. Bowen Hanes & Co. Inc. increased its position in shares of ATI by 0.3% during the first quarter. Bowen Hanes & Co. Inc. now owns 1,371,335 shares of the basic materials company’s stock worth $71,351,000 after purchasing an additional 4,420 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of ATI by 33.4% during the 1st quarter. Northern Trust Corp now owns 1,262,761 shares of the basic materials company’s stock valued at $65,701,000 after purchasing an additional 316,090 shares during the last quarter.

ATI Price Performance

Shares of ATI stock opened at $81.34 on Monday. The firm has a market cap of $11.21 billion, a PE ratio of 28.24, a P/E/G ratio of 1.11 and a beta of 1.29. ATI Inc. has a twelve month low of $39.23 and a twelve month high of $96.20. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. The business has a 50-day moving average price of $77.81 and a 200 day moving average price of $73.47.

ATI (NYSE:ATI) last issued its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.15 billion. ATI had a return on equity of 21.34% and a net margin of 9.26%.ATI’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company earned $0.60 earnings per share. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. Sell-side analysts predict that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 20,312 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $80.33, for a total transaction of $1,631,662.96. Following the transaction, the chief executive officer directly owned 244,975 shares of the company’s stock, valued at $19,678,841.75. This trade represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David J. Morehouse sold 7,900 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $75.81, for a total transaction of $598,899.00. Following the sale, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 94,153 shares of company stock worth $7,199,308. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a report on Saturday, September 27th. Susquehanna decreased their price objective on shares of ATI from $105.00 to $100.00 and set a “positive” rating for the company in a research report on Friday, August 1st. Zacks Research upgraded shares of ATI to a “hold” rating in a research note on Tuesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft set a $115.00 price objective on shares of ATI and gave the stock a “hold” rating in a research note on Tuesday, July 8th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $93.29.

About ATI

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.