ATI Inc. $ATI Stock Position Reduced by Versor Investments LP

Versor Investments LP cut its holdings in ATI Inc. (NYSE:ATI) by 58.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,355 shares of the basic materials company’s stock after selling 3,345 shares during the quarter. Versor Investments LP’s holdings in ATI were worth $270,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Lido Advisors LLC lifted its stake in ATI by 2.7% in the third 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. Sequoia Financial Advisors LLC lifted its stake in ATI by 2.4% in the third quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock valued at $360,000 after acquiring an additional 102 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in ATI by 12.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock valued at $86,000 after acquiring an additional 118 shares during the last quarter. Activest Wealth Management lifted its stake in 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 acquiring an additional 125 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its stake 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 valued at $827,000 after acquiring an additional 140 shares during the last quarter.

Insider Activity

In other news, CEO Kimberly A. Fields sold 40,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $159.21, for a total value of $6,368,400.00. Following the sale, the chief executive officer owned 277,763 shares of the company’s stock, valued at approximately $44,222,647.23. This represents a 12.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the sale, the director directly owned 38,168 shares in the company, valued at approximately $5,887,414. The trade was a 14.76% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.98% of the stock is currently owned by corporate insiders.

ATI Trading Down 5.1%

Shares of ATI stock opened at $154.30 on Friday. The firm has a market capitalization of $21.06 billion, a PE ratio of 51.09, a price-to-earnings-growth ratio of 1.40 and a beta of 0.94. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. The company’s fifty day moving average price is $153.39 and its two-hundred day moving average price is $130.69. ATI Inc. has a 52-week low of $70.42 and a 52-week high of $171.11.

ATI (NYSE:ATI) last posted its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The firm’s quarterly revenue was up .6% compared to the same quarter last year. 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, analysts expect that ATI Inc. will post 4.43 EPS for the current year.

ATI announced that its Board of Directors has approved a share repurchase program on Thursday, February 19th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the basic materials company to reacquire up to 2.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ATI shares. BTIG Research lifted their target price on shares of ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Wall Street Zen cut shares of ATI from a “buy” rating to a “hold” rating in a research note on Saturday. KeyCorp lifted their target price on shares of ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Susquehanna lifted their target price on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price objective on shares of ATI in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $164.38.

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.