Y Intercept Hong Kong Ltd Purchases Shares of 31,620 ATI Inc. $ATI

Y Intercept Hong Kong Ltd purchased a new position in ATI Inc. (NYSE:ATI) during the 1st quarter, Holdings Channel reports. The firm purchased 31,620 shares of the basic materials company’s stock, valued at approximately $4,599,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Root Financial Partners LLC grew its position in ATI by 234.1% during the first quarter. Root Financial Partners LLC now owns 862 shares of the basic materials company’s stock worth $125,000 after buying an additional 604 shares in the last quarter. Capital Asset Advisory Services LLC bought a new position in ATI during the first quarter valued at about $215,000. Networth Advisors LLC raised its holdings in ATI by 29.4% in the 1st quarter. Networth Advisors LLC now owns 1,464 shares of the basic materials company’s stock valued at $213,000 after acquiring an additional 333 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in ATI by 15.9% in the 1st quarter. Apollon Wealth Management LLC now owns 3,635 shares of the basic materials company’s stock valued at $529,000 after acquiring an additional 500 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its position in shares of ATI by 6.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 22,141 shares of the basic materials company’s stock worth $3,221,000 after acquiring an additional 1,389 shares during the period.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 3,783 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total value of $746,045.43. Following the sale, the chief executive officer directly owned 197,321 shares in the company, valued at $38,913,674.41. This represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders sold 120,442 shares of company stock valued at $21,219,431. 0.98% of the stock is owned by insiders.

ATI Stock Down 0.0%

NYSE ATI opened at $188.03 on Monday. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The stock’s 50 day moving average is $175.53 and its two-hundred day moving average is $151.54. The company has a market capitalization of $25.66 billion, a price-to-earnings ratio of 62.26, a PEG ratio of 1.61 and a beta of 0.96. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating 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 company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the company posted $0.72 EPS. The company’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. Equities analysts forecast that ATI Inc. will post 4.45 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on ATI shares. Wells Fargo & Company started coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective on the stock. BTIG Research upped their target price on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Weiss Ratings cut ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 23rd. KeyCorp raised their target price on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $194.00 price target on shares of ATI in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $168.88.

About ATI

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.