Eurizon Capital SGR S.p.A. Acquires Shares of 4,767 ATI Inc. $ATI

Eurizon Capital SGR S.p.A. acquired a new stake in shares of ATI Inc. (NYSE:ATI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,767 shares of the basic materials company’s stock, valued at approximately $549,000.

A number of other institutional investors also recently added to or reduced their stakes in ATI. True Wealth Design LLC boosted its holdings in ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 225 shares in the last quarter. Prestige Wealth Management Group LLC acquired a new stake in ATI during the third quarter valued at approximately $34,000. Allworth Financial LP boosted its holdings in ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 180 shares in the last quarter. Torren Management LLC acquired a new stake in ATI during the fourth quarter valued at approximately $52,000. Finally, ARK Investment Management LLC boosted its holdings in ATI by 378.7% during the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company’s stock valued at $60,000 after purchasing an additional 587 shares in the last quarter.

ATI Stock Up 1.1%

Shares of ATI opened at $180.40 on Thursday. The company has a market capitalization of $24.62 billion, a P/E ratio of 59.74, a PEG ratio of 1.54 and a beta of 0.96. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. ATI Inc. has a one year low of $70.42 and a one year high of $183.30. The business’s 50 day simple moving average is $157.65 and its 200-day simple moving average is $137.16.

ATI (NYSE:ATI) last announced its earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the business earned $0.72 EPS. ATI’s 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. As a group, sell-side analysts predict that ATI Inc. will post 4.43 EPS for the current fiscal year.

ATI declared that its board has authorized a stock repurchase program on Thursday, February 19th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the basic materials company to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at ATI

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

Analyst Upgrades and Downgrades

ATI has been the topic of a number of recent research reports. Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a report on Friday, May 22nd. BTIG Research boosted their target price on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $164.38.

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.