ATI Inc. $ATI Holdings Trimmed by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its ATI position by 99.4% in the third quarter, selling 298,903 shares and retaining 1,826 shares valued at approximately $346,000.
• Analysts remain broadly bullish, with ATI holding a consensus “Buy” rating and an average price target of $223.88, despite Wells Fargo and KeyCorp lowering their targets.
• ATI reported quarterly EPS of $1.23, beating estimates of $1.03, while revenue rose 10.6% year over year to $1.26 billion; however, company insiders sold roughly $24.1 million of stock over the past 90 days.

Curated Wealth Partners LLC trimmed its position in ATI Inc. (NYSE:ATI - Free Report) by 99.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,826 shares of the basic materials company's stock after selling 298,903 shares during the period. Curated Wealth Partners LLC's holdings in ATI were worth $346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC bought a new position in shares of ATI in the second quarter valued at approximately $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of ATI during the third quarter valued at approximately $30,000. Signature Equity Partners LLC lifted its holdings in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company's stock worth $26,000 after acquiring an additional 123 shares during the period. Triumph Capital Management lifted its holdings in ATI by 22.4% during the second quarter. Triumph Capital Management now owns 317 shares of the basic materials company's stock worth $62,000 after acquiring an additional 58 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in ATI during the second quarter worth $73,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Wells Fargo & Company reduced their price objective on ATI from $275.00 to $240.00 and set an "overweight" rating for the company in a research note on Wednesday, September 30th. Weiss Ratings upgraded ATI from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday. KeyCorp lowered their target price on ATI from $258.00 to $228.00 and set an "overweight" rating on the stock in a research note on Thursday, October 8th. Wall Street Zen raised shares of ATI from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $262.00 price target on shares of ATI in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $223.88.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 31,757 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $190.99, for a total transaction of $6,065,269.43. Following the sale, the chief executive officer owned 125,564 shares of the company's stock, valued at $23,981,468.36. The trade was a 20.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David J. Morehouse sold 2,485 shares of the 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 117,587 shares of company stock valued at $24,111,631. Company insiders own 0.98% of the company's stock.

ATI Trading Down 1.9%

Shares of ATI stock opened at $185.62 on Friday. ATI Inc. has a 52-week low of $79.29 and a 52-week high of $243.57. The stock's 50-day simple moving average is $201.01 and its 200 day simple moving average is $184.85. The stock has a market capitalization of $25.28 billion, a P/E ratio of 54.43, a P/E/G ratio of 1.13 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33.

ATI (NYSE:ATI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm earned $0.74 earnings per share. The company's revenue 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. As a group, research analysts anticipate that ATI Inc. will post 5.11 EPS for the current year.

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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