Cwm LLC Acquires 25,430 Shares of ATI Inc. $ATI

Key Points

• Cwm LLC increased its stake in ATI by 1,351.2% in Q4, buying an additional 25,430 shares to hold 27,312 shares valued at $3.134 million.
• ATI's board authorized a $500 million share repurchase (up to 2.5% of shares); the company also beat Q4 EPS expectations ($0.93 vs. $0.89) and set FY2026 guidance of 3.99–4.27 EPS.
• Analyst sentiment is bullish overall with several upward revisions (e.g., Susquehanna to $185, KeyCorp to $167, Wells Fargo initiating at $175), giving ATI a consensus rating of "Buy" and an average price target of $152.88.

Cwm LLC lifted its holdings in shares of ATI Inc. (NYSE:ATI - Free Report) by 1,351.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,312 shares of the basic materials company's stock after purchasing an additional 25,430 shares during the period. Cwm LLC's holdings in ATI were worth $3,134,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. True Wealth Design LLC increased its holdings in ATI by 642.9% in the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 225 shares during the period. Prestige Wealth Management Group LLC acquired a new position in ATI during the 3rd quarter worth about $34,000. Meeder Asset Management Inc. grew its position in shares of ATI by 2,010.0% in the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company's stock valued at $34,000 after buying an additional 402 shares during the last quarter. Allworth Financial LP grew its position in shares of ATI by 50.8% in the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company's stock valued at $43,000 after buying an additional 180 shares during the last quarter. Finally, ARK Investment Management LLC increased its stake in shares of ATI by 378.7% in the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company's stock valued at $60,000 after buying an additional 587 shares during the period.

Insider Activity at ATI

In other news, Director David J. Morehouse sold 6,609 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the sale, the director owned 38,168 shares of the company's stock, valued at $5,887,414. This trade represents a 14.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.98% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ATI shares. KeyCorp raised their price objective on ATI from $140.00 to $167.00 and gave the stock an "overweight" rating in a research report on Thursday, April 9th. Susquehanna upped their target price on ATI from $155.00 to $185.00 and gave the company a "positive" rating in a report on Friday, April 10th. Zacks Research downgraded shares of ATI from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 7th. Wall Street Zen lowered shares of ATI from a "buy" rating to a "hold" rating in a report on Sunday, February 15th. Finally, Wells Fargo & Company initiated coverage on shares of ATI in a research note on Wednesday, April 1st. They issued an "overweight" rating and a $175.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $152.88.

ATI Stock Up 0.5%

Shares of NYSE:ATI opened at $154.10 on Friday. ATI Inc. has a 1 year low of $50.37 and a 1 year high of $168.14. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. The business's 50-day moving average is $153.00 and its 200-day moving average is $123.16. The company has a market capitalization of $21.03 billion, a price-to-earnings ratio of 54.26, a P/E/G ratio of 1.52 and a beta of 1.00.

ATI (NYSE:ATI - Get Free Report) last released its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm's revenue was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Equities research analysts predict that ATI Inc. will post 4.18 earnings per share for the current year.

ATI announced that its board has authorized a stock repurchase plan on Thursday, February 19th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the basic materials company to purchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

About ATI

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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