Capital International Inc. CA Sells 88,000 Shares of ATI Inc. $ATI

Capital International Inc. CA lessened its stake in ATI Inc. (NYSE:ATI) by 21.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 326,054 shares of the basic materials company’s stock after selling 88,000 shares during the period. Capital International Inc. CA’s holdings in ATI were worth $37,418,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Lido Advisors LLC raised its position in ATI by 2.7% in the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after purchasing an additional 101 shares during the last quarter. Smartleaf Asset Management LLC raised its position in ATI by 12.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after purchasing an additional 118 shares during the last quarter. Activest Wealth Management raised its position in ATI by 17.6% in the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after purchasing an additional 125 shares during the last quarter. D.A. Davidson & CO. raised its position in ATI by 2.0% in the 4th 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. Finally, Johnson Investment Counsel Inc. raised its position in ATI by 6.1% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 2,624 shares of the basic materials company’s stock worth $213,000 after purchasing an additional 150 shares during the last quarter.

ATI Stock Performance

ATI stock opened at $177.57 on Friday. The business’s fifty day moving average is $158.86 and its 200-day moving average is $138.01. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. The company has a market cap of $24.23 billion, a P/E ratio of 58.80, a price-to-earnings-growth ratio of 1.53 and a beta of 0.96. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $183.30.

ATI (NYSE:ATI) last released its quarterly earnings data 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. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the company earned $0.72 EPS. The firm’s quarterly revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Equities research analysts forecast that ATI Inc. will post 4.43 EPS for the current year.

ATI announced that its board has approved a share buyback plan on Thursday, February 19th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the basic materials company to buy up to 2.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction 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 sale, the director owned 38,168 shares in the company, valued at $5,887,414. This represents a 14.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 106,358 shares of company stock valued at $18,087,092. 0.98% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ATI has been the topic of a number of analyst reports. Susquehanna increased their price target on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. JPMorgan Chase & Co. increased their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Zacks Research downgraded ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Wells Fargo & Company initiated coverage on ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target on the stock. Finally, KeyCorp increased their price target on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average 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.