ATI Inc. $ATI Stock: Asset Management One Co. Ltd. Grows Holdings

Key Points

• Asset Management One increased its ATI stake by 94.7% in the third quarter, acquiring 42,215 additional shares and bringing its holdings to 86,776 shares valued at approximately $16.4 million.
• ATI reported strong third-quarter results, with revenue up 26.5% year over year to $1.42 billion and adjusted EPS of $1.46, beating estimates. Management also raised full-year 2026 EBITDA and adjusted EPS guidance, citing robust aerospace and defense demand and a backlog of roughly $4.3 billion.
• Analysts remain broadly bullish, with a consensus “Buy” rating and average price target of $221.38, although several firms recently lowered their targets. Meanwhile, ATI insiders have reported significant selling, including sales by the CEO and a vice president.

Asset Management One Co. Ltd. boosted its holdings in shares of ATI Inc. (NYSE:ATI - Free Report) by 94.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 86,776 shares of the basic materials company's stock after acquiring an additional 42,215 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.06% of ATI worth $16,434,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC bought a new position in shares of ATI in the 3rd quarter valued at approximately $215,000. Sigma Planning Corp grew its stake in ATI by 73.6% in the 3rd quarter. Sigma Planning Corp now owns 8,565 shares of the basic materials company's stock valued at $1,622,000 after buying an additional 3,631 shares during the last quarter. Signaturefd LLC grew its stake in ATI by 11.8% in the 3rd quarter. Signaturefd LLC now owns 702 shares of the basic materials company's stock valued at $133,000 after buying an additional 74 shares during the last quarter. BG Investment Services LLC bought a new position in ATI in the 3rd quarter worth $8,511,000. Finally, Sowell Financial Services LLC bought a new position in ATI in the 3rd quarter worth $220,000.

Key ATI News

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Strong Q3 beat: ATI reported third-quarter sales of $1.42 billion, up 26% year over year, while adjusted EPS of $1.46 exceeded the $1.36-$1.37 consensus. GAAP EPS rose 76% to $1.37, and net income increased 73% to approximately $190 million. ATI Announces Third Quarter 2026 Results
• Positive Sentiment: Higher guidance and expanding margins: Management raised full-year 2026 adjusted EBITDA guidance by $35 million to $1.19 billion-$1.20 billion and lifted adjusted EPS guidance to $5.17-$5.23. Third-quarter adjusted EBITDA grew 46% to $328 million, with the margin expanding 300 basis points to 23%. ATI Q3 Earnings Call Highlights Strong Demand and Higher Outlook
• Positive Sentiment: Demand remains robust: ATI cited strong commercial jet-engine and defense demand, favorable pricing and product mix, and a roughly $4.3 billion backlog. The company also expects fourth-quarter adjusted EBITDA of $345 million-$355 million, indicating continued momentum.
• Neutral Sentiment: Analyst remains bullish but trims target: BTIG Research maintained a “Buy” rating while lowering its price target from $270 to $250. The revised target still implies substantial upside from the referenced trading level. BTIG Research ATI Rating
• Negative Sentiment: Potential selling pressure: Quiver Quantitative data shows ATI insiders made 31 open-market sales and no purchases during the past six months. While insider sales can reflect compensation or portfolio diversification, the pattern may weigh on sentiment after the stock’s strong prior run.

Insider Transactions at ATI

In related news, VP Timothy J. Harris sold 16,500 shares of the company's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $210.01, for a total value of $3,465,165.00. Following the completion of the sale, the vice president owned 130,187 shares in the company, valued at approximately $27,340,571.87. This represents a 11.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $231.19, for a total value of $5,743,915.55. Following the completion of the transaction, the chief executive officer directly owned 100,719 shares in the company, valued at $23,285,225.61. The trade was a 19.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 85,830 shares of company stock worth $18,046,361 in the last three months. Insiders own 0.98% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ATI shares. KeyCorp cut their target price on shares of ATI from $258.00 to $228.00 and set an "overweight" rating for the company in a research report on Thursday, October 8th. TD Cowen raised their price target on ATI from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, July 13th. BTIG Research lowered their target price on ATI from $270.00 to $250.00 and set a "buy" rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $262.00 target price on shares of ATI in a report on Monday, August 10th. Finally, Wells Fargo & Company dropped their price target on ATI from $275.00 to $240.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $221.38.

ATI Stock Performance

ATI stock opened at $165.43 on Friday. The company has a market cap of $22.53 billion, a PE ratio of 41.36, a PEG ratio of 1.04 and a beta of 0.99. The company has a current ratio of 2.77, a quick ratio of 1.14 and a debt-to-equity ratio of 0.85. ATI Inc. has a 1 year low of $93.11 and a 1 year high of $243.57. The company's 50-day moving average is $190.43 and its two-hundred day moving average is $172.99.

ATI (NYSE:ATI - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The basic materials company reported $1.46 earnings per share for the quarter, topping analysts' consensus estimates of $1.37 by $0.09. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.32 billion. ATI had a net margin of 11.08% and a return on equity of 32.30%. ATI's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 earnings per share. Equities analysts anticipate that ATI Inc. will post 5.13 earnings per share for the current year.

About ATI

ATI Inc NYSE: ATI is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.

Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.

ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.

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