6,121 Shares in ATI Inc. $ATI Purchased by Fig Financial Advisory Services Inc. ADV

Key Points

• Fig Financial Advisory Services acquired 6,121 ATI shares worth approximately $1.16 million in the third quarter, joining several other institutional investors that recently increased or initiated positions.
• ATI reported quarterly earnings of $1.23 per share and revenue of $1.26 billion, beating analyst estimates; revenue rose 10.6% year over year. The company issued fiscal 2026 EPS guidance of $4.90–$5.18.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $227.62, although ATI shares recently traded down 2.9% to $189.04. Insiders have sold 117,587 shares worth about $24.1 million over the past 90 days.

Fig Financial Advisory Services Inc. ADV acquired a new stake in ATI Inc. (NYSE:ATI - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,121 shares of the basic materials company's stock, valued at approximately $1,159,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. purchased a new stake in ATI in the 2nd quarter worth $3,687,529,000. Bank of America Corp DE purchased a new position in ATI during the second quarter valued at $348,285,000. Arrowstreet Capital Limited Partnership grew its position in shares of ATI by 231.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company's stock valued at $175,094,000 after purchasing an additional 840,455 shares during the period. SG Americas Securities LLC grew its position in shares of ATI by 1,471.8% in the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company's stock valued at $156,423,000 after purchasing an additional 1,006,951 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of ATI during the second quarter worth about $168,996,000.

ATI Stock Down 2.9%

Shares of NYSE ATI opened at $189.04 on Thursday. ATI Inc. has a 12-month low of $79.29 and a 12-month high of $243.57. The stock has a market cap of $25.74 billion, a PE ratio of 55.44, a P/E/G ratio of 1.18 and a beta of 0.99. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The company has a 50-day moving average of $202.99 and a 200 day moving average of $182.99.

ATI (NYSE:ATI - Get Free Report) last released its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.03 by $0.20. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The business's revenue was up 10.6% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, sell-side analysts predict that ATI Inc. will post 5.11 EPS for the current fiscal year.

Insiders Place Their Bets

In other ATI news, VP Timothy J. Harris sold 16,500 shares of the firm's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $193.06, for a total value of $3,185,490.00. Following the completion of the sale, the vice president directly owned 97,187 shares of the company's stock, valued at $18,762,922.22. This trade represents a 14.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David J. Morehouse sold 2,485 shares of ATI stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $201.61, for a total value of $501,000.85. Following the transaction, the director owned 35,826 shares in the company, valued at approximately $7,222,879.86. This represents a 6.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 117,587 shares of company stock valued at $24,111,631. Insiders own 0.98% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of ATI from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. TD Cowen boosted their price objective on ATI from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. KeyCorp increased their target price on ATI from $211.00 to $258.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th. BTIG Research raised their target price on ATI from $180.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Finally, Susquehanna boosted their price target on ATI from $215.00 to $265.00 and gave the stock a "positive" rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $227.62.

About ATI

ATI Inc NYSE: ATI is a specialty materials and components manufacturer serving the aerospace and defense, energy, medical, and industrial markets. The company develops and produces technically demanding materials and engineered components designed for applications that require high strength, heat resistance, corrosion resistance, or reduced weight.

ATI's products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, cobalt- and zirconium-based alloys, and other advanced materials.

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