ATI Inc. $ATI Shares Sold by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC sold 5,151 shares of ATI Inc., reducing its holdings by 10.1% and leaving them with 46,018 shares valued at $2,394,000.
• Insider transactions included Director David J. Morehouse selling 7,900 shares and Chairman Robert S. Wetherbee selling 50,000 shares, both indicating significant decreases in their positions.
• Equities analysts have assigned a consensus rating of "Moderate Buy" for ATI, with six analysts recommending a buy and an average price target of $93.29.

Focus Partners Advisor Solutions LLC lessened its holdings in shares of ATI Inc. (NYSE:ATI - Free Report) by 10.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,018 shares of the basic materials company's stock after selling 5,151 shares during the period. Focus Partners Advisor Solutions LLC's holdings in ATI were worth $2,394,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Teacher Retirement System of Texas purchased a new stake in ATI during the 1st quarter valued at about $1,243,000. Bank of New York Mellon Corp grew its stake in ATI by 1.2% during the 1st quarter. Bank of New York Mellon Corp now owns 902,200 shares of the basic materials company's stock valued at $46,941,000 after acquiring an additional 11,048 shares in the last quarter. GAMMA Investing LLC grew its stake in ATI by 39.2% during the 1st quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company's stock valued at $181,000 after acquiring an additional 979 shares in the last quarter. KBC Group NV grew its stake in ATI by 14.2% during the 1st quarter. KBC Group NV now owns 5,779 shares of the basic materials company's stock valued at $301,000 after acquiring an additional 720 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in ATI by 139.9% during the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company's stock valued at $34,000 after acquiring an additional 386 shares in the last quarter.

ATI Trading Up 0.4%

Shares of ATI stock traded up $0.32 on Friday, reaching $77.48. The company had a trading volume of 1,820,755 shares, compared to its average volume of 1,698,029. The firm's 50 day moving average price is $82.09 and its two-hundred day moving average price is $70.04. The firm has a market cap of $10.68 billion, a PE ratio of 26.90, a PEG ratio of 1.06 and a beta of 1.27. ATI Inc. has a 52-week low of $39.23 and a 52-week high of $96.20. 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 released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.02. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.15 billion. ATI had a net margin of 9.26% and a return on equity of 21.34%. The business's revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.60 EPS. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. Sell-side analysts predict that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director David J. Morehouse sold 7,900 shares of ATI stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $75.81, for a total value of $598,899.00. Following the completion of the transaction, the director owned 44,777 shares in the company, valued at approximately $3,394,544.37. The trade was a 15.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Robert S. Wetherbee sold 50,000 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chairman directly owned 306,538 shares of the company's stock, valued at $22,886,127.08. This represents a 14.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 107,900 shares of company stock worth $8,528,399 over the last three months. Insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Susquehanna dropped their price objective on shares of ATI from $105.00 to $100.00 and set a "positive" rating for the company in a research note on Friday, August 1st. BTIG Research set a $120.00 target price on shares of ATI and gave the company a "buy" rating in a report on Monday, August 4th. KeyCorp lowered shares of ATI from an "overweight" rating to a "sector weight" rating in a report on Tuesday, May 20th. Zacks Research upgraded shares of ATI to a "hold" rating in a report on Tuesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft set a $115.00 target price on shares of ATI and gave the company a "hold" rating in a report on Tuesday, July 8th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, ATI currently has a consensus rating of "Moderate Buy" and an average target price of $93.29.

ATI Company Profile

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.