ATI Inc. $ATI Shares Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC boosted its stake in shares of ATI Inc. (NYSE:ATI) by 15.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 95,495 shares of the basic materials company’s stock after purchasing an additional 12,709 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in ATI were worth $18,822,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ATI. Signature Equity Partners LLC raised its stake in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 123 shares during the period. CoreCap Advisors LLC purchased a new stake in shares of ATI in the 2nd quarter valued at approximately $30,000. Summit Securities Group LLC acquired a new stake in shares of ATI during the 1st quarter worth approximately $60,000. Hollencrest Capital Management increased its holdings in shares of ATI by 283.1% during the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after buying an additional 334 shares during the last quarter. Finally, Clearstead Advisors LLC raised 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 buying an additional 346 shares during the period.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business’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 sale, the chief executive officer directly owned 218,014 shares in the company, valued at $39,039,766.98. This represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders sold 177,044 shares of company stock valued at $33,976,616. Insiders own 0.98% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ATI shares. KeyCorp increased their price objective on ATI from $211.00 to $258.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $262.00 target price on shares of ATI in a research report on Monday, August 10th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Susquehanna increased their price target on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a report on Friday, August 7th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $275.00 price objective on shares of ATI in a research 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. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $232.00.

ATI Trading Down 0.2%

Shares of NYSE ATI opened at $210.29 on Monday. ATI Inc. has a twelve month low of $74.45 and a twelve month high of $243.57. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The stock has a fifty day simple moving average of $201.64 and a 200-day simple moving average of $174.72. The stock has a market capitalization of $28.64 billion, a PE ratio of 61.67, a PEG ratio of 1.27 and a beta of 0.98.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the business earned $0.74 EPS. The company’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, equities analysts forecast that ATI Inc. will post 5.15 earnings per share for the current year.

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.