ATI Inc. $ATI is Tribune Investment Group LP’s 10th Largest Position

Tribune Investment Group LP reduced its position in ATI Inc. (NYSE:ATI) by 8.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,380 shares of the basic materials company’s stock after selling 2,620 shares during the period. ATI accounts for about 2.3% of Tribune Investment Group LP’s investment portfolio, making the stock its 10th biggest position. Tribune Investment Group LP’s holdings in ATI were worth $5,791,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ATI. Meeder Asset Management Inc. raised its holdings in shares of ATI by 2.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock worth $401,000 after acquiring an additional 74 shares in the last quarter. Lido Advisors LLC boosted its position in shares of ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after acquiring an additional 101 shares during the last quarter. Signature Equity Partners LLC grew its holdings in shares of ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares in the last quarter. Activest Wealth Management grew its holdings in shares of ATI by 17.6% in the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after purchasing an additional 125 shares in the last quarter. Finally, D.A. Davidson & CO. increased its position in ATI by 2.0% in the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after purchasing an additional 140 shares during the last quarter.

ATI Stock Performance

NYSE:ATI opened at $214.63 on Friday. The firm has a market capitalization of $29.23 billion, a PE ratio of 62.94, a PEG ratio of 1.28 and a beta of 0.98. The stock’s fifty day moving average is $201.46 and its 200 day moving average is $174.20. ATI Inc. has a fifty-two week low of $74.45 and a fifty-two week high of $243.57. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the firm earned $0.74 earnings per share. ATI’s quarterly revenue was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, sell-side analysts anticipate that ATI Inc. will post 5.15 earnings per share for the current year.

Analysts Set New Price Targets

ATI has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $262.00 price target on shares of ATI in a research note on Monday, August 10th. TD Cowen boosted their target price on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. BTIG Research upped their target price on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $275.00 price target on shares of ATI in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $232.00.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the transaction, the chief executive officer directly owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 177,044 shares of company stock worth $33,976,616. 0.98% of the stock is currently owned by insiders.

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.