40,142 Shares in ATI Inc. $ATI Purchased by Public Employees Retirement System of Ohio

Key Points

• Public Employees Retirement System of Ohio acquired 40,142 ATI shares worth approximately $7.9 million in the second quarter, while several other institutions also increased or initiated positions.
• ATI reported quarterly EPS of $1.23, beating estimates by $0.20, with revenue of $1.26 billion—up 10.6% year over year. The company issued Q3 and full-year 2026 EPS guidance of $1.31–$1.37 and $4.90–$5.18, respectively.
• Analysts maintain a broadly positive view, with ATI receiving an average “Buy” rating and a consensus price target of $232 versus its recent price of $200.85; meanwhile, insiders have sold more than 117,000 shares over the past 90 days.

Public Employees Retirement System of Ohio acquired a new stake in ATI Inc. (NYSE:ATI - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,142 shares of the basic materials company's stock, valued at approximately $7,912,000.

Other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of ATI by 8.1% during the 1st quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company's stock worth $3,140,000 after buying an additional 4,542 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of ATI by 49.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company's stock valued at $32,984,000 after buying an additional 209,480 shares during the period. Cetera Investment Advisers purchased a new stake in shares of ATI in the second quarter valued at approximately $324,000. M&T Bank Corp purchased a new stake in shares of ATI in the second quarter valued at approximately $317,000. Finally, First Trust Advisors LP grew its holdings in ATI by 4.9% during the second quarter. First Trust Advisors LP now owns 197,214 shares of the basic materials company's stock worth $17,028,000 after acquiring an additional 9,234 shares during the period.

ATI Stock Down 1.6%

ATI opened at $200.85 on Wednesday. The business's fifty day moving average is $201.67 and its two-hundred day moving average is $175.64. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. The company has a market cap of $27.35 billion, a price-to-earnings ratio of 58.90, a PEG ratio of 1.23 and a beta of 1.01. ATI Inc. has a one year low of $74.45 and a one year high of $243.57.

ATI (NYSE:ATI - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $1.03 by $0.20. The business had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The business's revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Analysts anticipate that ATI Inc. will post 5.15 EPS for the current fiscal year.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the completion of the transaction, the chief executive officer owned 157,321 shares in the company, valued at approximately $28,775,584.11. The trade was a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 117,295 shares of company stock worth $23,277,362. Company insiders own 0.98% of the company's stock.

Analyst Ratings Changes

ATI has been the subject of several research analyst reports. Wells Fargo & Company reiterated an "overweight" rating and issued a $275.00 price objective on shares of ATI in a research report on Monday, August 10th. Weiss Ratings raised shares of ATI from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Susquehanna increased their price target on shares of ATI from $215.00 to $265.00 and gave the company a "positive" rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $262.00 price objective on shares of ATI in a research note on Monday, August 10th. Finally, TD Cowen boosted their price objective on shares of ATI from $170.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat, ATI presently has an average rating of "Buy" and a consensus target price of $232.00.

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.

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