University of Texas Texas AM Investment Management Co. Buys Shares of 5,063 ATI Inc. $ATI

University of Texas Texas AM Investment Management Co. bought a new stake in ATI Inc. (NYSE:ATI) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 5,063 shares of the basic materials company’s stock, valued at approximately $581,000.

Other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC lifted its holdings in ATI by 642.9% in the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 225 shares during the period. Prestige Wealth Management Group LLC bought a new position in ATI in the third quarter valued at about $34,000. Allworth Financial LP lifted its holdings in ATI by 50.8% in the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 180 shares during the period. Torren Management LLC bought a new position in ATI in the fourth quarter valued at about $52,000. Finally, ARK Investment Management LLC lifted its holdings in ATI by 378.7% in the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 587 shares during the period.

Analysts Set New Price Targets

ATI has been the topic of a number of recent research reports. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. KeyCorp increased their target price on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock. Susquehanna increased their target price on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $194.00 target price on shares of ATI in a report on Friday, May 1st. One 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 stock. According to data from MarketBeat.com, ATI presently has a consensus rating of “Buy” and a consensus price target of $164.38.

Insider Transactions at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of ATI stock in a transaction that occurred 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 owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.98% of the company’s stock.

ATI Trading Up 0.0%

Shares of ATI stock opened at $195.82 on Wednesday. ATI Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $203.60. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. The company has a market capitalization of $26.72 billion, a P/E ratio of 64.84, a P/E/G ratio of 1.69 and a beta of 0.96. The company has a fifty day moving average of $165.43 and a 200 day moving average of $142.89.

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

ATI announced that its Board of Directors has initiated a stock repurchase 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 reacquire up to 2.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

ATI 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.