8,292 Shares in ATI Inc. $ATI Bought by GSA Capital Partners LLP

Key Points

• GSA Capital Partners purchased 8,292 ATI shares worth approximately $1.63 million, while several other major institutional investors also increased their holdings.
• ATI reported quarterly EPS of $1.23, beating estimates of $1.03, with revenue up 10.6% year over year to $1.26 billion. The company issued third-quarter 2026 EPS guidance of $1.31–$1.37.
• Analysts maintain a consensus “Buy” rating with a $232 target price, although CEO Kimberly A. Fields sold 59,749 shares and insiders have sold approximately $28.2 million of stock over the past 90 days.

GSA Capital Partners LLP purchased a new position in ATI Inc. (NYSE:ATI - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 8,292 shares of the basic materials company's stock, valued at approximately $1,634,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. State Street Corp grew its position in shares of ATI by 7.4% during the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company's stock worth $491,476,000 after purchasing an additional 415,479 shares in the last quarter. Capital Research Global Investors boosted its stake in ATI by 12.0% in the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company's stock worth $414,481,000 after purchasing an additional 386,754 shares during the period. Invesco Ltd. boosted its stake in ATI by 7.4% in the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company's stock worth $388,454,000 after purchasing an additional 233,010 shares during the period. Norges Bank purchased a new stake in ATI during the 4th quarter valued at approximately $198,787,000. Finally, Bank of America Corp DE grew its holdings in ATI by 70.8% during the 1st quarter. Bank of America Corp DE now owns 1,364,941 shares of the basic materials company's stock valued at $198,544,000 after buying an additional 565,867 shares in the last quarter.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business'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 transaction, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. The trade was a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 152,199 shares of company stock worth $28,232,700 over the last ninety days. 0.98% of the stock is owned by insiders.

ATI Price Performance

NYSE:ATI opened at $228.76 on Monday. The firm has a market capitalization of $31.15 billion, a price-to-earnings ratio of 67.08, a PEG ratio of 1.38 and a beta of 0.98. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The business has a 50 day simple moving average of $197.35 and a 200-day simple moving average of $168.46. ATI Inc. has a 1 year low of $70.42 and a 1 year high of $243.57.

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, beating the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company posted $0.74 EPS. The company's revenue for the quarter was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities analysts forecast that ATI Inc. will post 5.15 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of ATI from $150.00 to $175.00 and gave the stock an "overweight" rating in a report on Friday, May 1st. Zacks Research upgraded shares of ATI from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 25th. TD Cowen boosted their price target on shares of ATI from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. Wall Street Zen raised shares of ATI from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Finally, Weiss Ratings upgraded ATI from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $232.00.

ATI Company 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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