ATI Inc. $ATI Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of ATI Inc. (NYSE:ATI - Free Report) by 126.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,778 shares of the basic materials company's stock after buying an additional 6,581 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in ATI were worth $1,017,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ATI. WPG Advisers LLC acquired a new position in shares of ATI during the first quarter worth approximately $29,000. Golden State Wealth Management LLC lifted its position in ATI by 104.1% in the first quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company's stock worth $31,000 after purchasing an additional 304 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in ATI by 79.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company's stock worth $33,000 after purchasing an additional 171 shares during the period. Signaturefd LLC lifted its position in ATI by 117.7% in the second quarter. Signaturefd LLC now owns 381 shares of the basic materials company's stock worth $33,000 after purchasing an additional 206 shares during the period. Finally, Bessemer Group Inc. lifted its position in ATI by 139.9% in the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company's stock worth $34,000 after purchasing an additional 386 shares during the period.

ATI Price Performance

NYSE ATI opened at $80.24 on Monday. The stock has a market capitalization of $11.06 billion, a P/E ratio of 27.86, a P/E/G ratio of 1.20 and a beta of 1.29. ATI Inc. has a 1 year low of $39.23 and a 1 year high of $96.20. The business's fifty day moving average is $78.15 and its two-hundred day moving average is $75.57. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.20 and a current ratio of 2.52.

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

Insider Buying and Selling at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 50,000 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $74.66, for a total transaction of $3,733,000.00. Following the sale, the chairman directly owned 306,538 shares of the company's stock, valued at $22,886,127.08. The trade was a 14.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David J. Morehouse sold 7,900 shares of the business's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $75.81, for a total transaction of $598,899.00. Following the sale, the director directly owned 44,777 shares in the company, valued at approximately $3,394,544.37. This trade represents a 15.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 136,460 shares of company stock valued at $10,750,979 in the last three months. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on ATI. JPMorgan Chase & Co. upped their target price on ATI from $75.00 to $92.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Barclays upped their target price on ATI from $75.00 to $90.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Deutsche Bank Aktiengesellschaft set a $98.00 target price on ATI in a research report on Wednesday, October 8th. Weiss Ratings restated a "buy (b-)" rating on shares of ATI in a research report on Wednesday, October 8th. Finally, Zacks Research raised ATI to a "hold" rating in a report on Tuesday, August 12th. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, ATI has a consensus rating of "Moderate Buy" and a consensus price target of $90.86.

About ATI

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.

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