Graphene Investments SAS Sells 16,500 Shares of ATI Inc. $ATI

Graphene Investments SAS lowered its stake in ATI Inc. (NYSE:ATI) by 30.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,900 shares of the basic materials company’s stock after selling 16,500 shares during the period. ATI makes up approximately 2.1% of Graphene Investments SAS’s holdings, making the stock its 17th largest holding. Graphene Investments SAS’s holdings in ATI were worth $3,186,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Signaturefd LLC lifted its position in shares of ATI by 117.7% in the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 206 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of ATI by 79.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 171 shares during the period. WPG Advisers LLC purchased a new stake in ATI in the first quarter worth $29,000. Headlands Technologies LLC bought a new stake in shares of ATI during the 1st quarter valued at $47,000. Finally, Fifth Third Bancorp increased its stake in shares of ATI by 11.4% in the 2nd quarter. Fifth Third Bancorp now owns 1,252 shares of the basic materials company’s stock worth $108,000 after acquiring an additional 128 shares in the last quarter.

Wall Street Analysts Forecast Growth

ATI has been the subject of several analyst reports. Susquehanna raised their price target on ATI from $100.00 to $120.00 and gave the company a “positive” rating in a report on Wednesday, October 29th. Zacks Research upgraded ATI to a “hold” rating in a report on Tuesday, August 12th. Barclays lifted their price target on shares of ATI from $75.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research note on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft set a $98.00 target price on ATI in a report on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, ATI currently has an average rating of “Moderate Buy” and a consensus target price of $93.71.

ATI Trading Up 0.5%

Shares of NYSE:ATI opened at $96.49 on Thursday. The stock has a 50 day moving average of $83.22 and a 200 day moving average of $79.91. The company has a market cap of $13.11 billion, a PE ratio of 31.23, a price-to-earnings-growth ratio of 1.47 and a beta of 1.29. ATI Inc. has a 12-month low of $39.23 and a 12-month high of $103.64. The company has a current ratio of 2.50, a quick ratio of 1.20 and a debt-to-equity ratio of 0.94.

ATI (NYSE:ATI) last issued its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.10. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. ATI had a net margin of 9.71% and a return on equity of 23.34%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. ATI has set its FY 2025 guidance at 3.150-3.21 EPS. Q4 2025 guidance at 0.840-0.90 EPS. As a group, equities research analysts expect that ATI Inc. will post 2.89 EPS for the current year.

Insider Transactions at ATI

In other news, CEO Kimberly A. Fields sold 21,153 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $85.87, for a total value of $1,816,408.11. Following the transaction, the chief executive officer directly owned 202,668 shares in the company, valued at $17,403,101.16. The trade was a 9.45% 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. Also, VP Timothy J. Harris sold 10,543 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $96.07, for a total value of $1,012,866.01. Following the sale, the vice president owned 129,937 shares of the company’s stock, valued at $12,483,047.59. This represents a 7.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 89,103 shares of company stock worth $7,431,946. Insiders own 1.10% of the company’s stock.

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.