Dynamic Technology Lab Private Ltd Invests $324,000 in ATI Inc. $ATI

Key Points

• Dynamic Technology Lab Private Ltd has acquired 6,232 shares of ATI Inc., valued at approximately $324,000, indicating growing institutional interest in the company.
• Several analysts have given ATI a "buy" rating, with price targets increased to between $90.00 and $120.00, reflecting a positive outlook on the stock.
• CEO Kimberly A. Fields recently sold over 15,000 shares, marking a 5.67% decline in her ownership, but she still retains a significant stake worth over $20 million.

Dynamic Technology Lab Private Ltd bought a new stake in ATI Inc. (NYSE:ATI - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,232 shares of the basic materials company's stock, valued at approximately $324,000.

A number of other large investors also recently bought and sold shares of the stock. Point72 Asset Management L.P. lifted its position in ATI by 39.6% during the fourth quarter. Point72 Asset Management L.P. now owns 797,814 shares of the basic materials company's stock valued at $43,912,000 after buying an additional 226,138 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in ATI in the 4th quarter worth approximately $768,000. SG Capital Management LLC acquired a new stake in ATI in the fourth quarter valued at approximately $18,443,000. Shay Capital LLC purchased a new stake in shares of ATI during the fourth quarter valued at approximately $2,697,000. Finally, Sagefield Capital LP purchased a new stake in shares of ATI during the fourth quarter valued at approximately $2,210,000.

ATI Stock Performance

Shares of NYSE:ATI traded up $2.06 on Thursday, reaching $80.50. 1,389,405 shares of the company's stock were exchanged, compared to its average volume of 1,580,549. The business's 50-day moving average is $80.41 and its two-hundred day moving average is $71.12. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. ATI Inc. has a fifty-two week low of $39.23 and a fifty-two week high of $96.20. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 27.95, a PEG ratio of 1.07 and a beta of 1.27.

ATI (NYSE:ATI - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.02. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. ATI had a net margin of 9.26% and a return on equity of 21.34%. The company's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 EPS. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. As a group, equities research analysts forecast that ATI Inc. will post 2.89 EPS for the current year.

Analyst Ratings Changes

ATI has been the subject of several analyst reports. Zacks Research upgraded shares of ATI to a "hold" rating in a research note on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft set a $115.00 price objective on shares of ATI and gave the company a "hold" rating in a research report on Tuesday, July 8th. BTIG Research reaffirmed a "buy" rating and set a $120.00 target price on shares of ATI in a research report on Friday, September 12th. JPMorgan Chase & Co. boosted their price target on ATI from $75.00 to $92.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Finally, Barclays raised their price objective on ATI from $75.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $93.29.

Insider Buying and Selling

In related news, CEO Kimberly A. Fields sold 15,941 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $77.52, for a total transaction of $1,235,746.32. Following the completion of the transaction, the chief executive officer owned 265,287 shares in the company, valued at $20,565,048.24. The trade was a 5.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Robert S. Wetherbee sold 50,000 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $74.66, for a total value of $3,733,000.00. Following the transaction, the chairman owned 306,538 shares of the company's stock, valued at approximately $22,886,127.08. The trade was a 14.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 73,841 shares of company stock valued at $5,567,645. Insiders own 1.10% of the company's stock.

ATI Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.