Landscape Capital Management L.L.C. Invests $1.51 Million in ATI Inc. $ATI

Key Points

• Landscape Capital Management purchased 7,649 ATI shares worth approximately $1.51 million during the second quarter, while several other hedge funds also initiated or increased positions.
• ATI reported stronger-than-expected quarterly results, with EPS of $1.23 versus a $1.03 consensus estimate and revenue of $1.26 billion, up 10.6% year over year. The company issued third-quarter 2026 EPS guidance of $1.31–$1.37.
• Analysts remain bullish, with ATI holding a consensus “Buy” rating and a $232 price target, although CEO Kimberly A. Fields sold about $5.74 million in shares and insiders have sold roughly $34 million worth of stock over the past 90 days.

Landscape Capital Management L.L.C. purchased a new stake in shares of ATI Inc. (NYSE:ATI - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,649 shares of the basic materials company's stock, valued at approximately $1,508,000.

Several other hedge funds have also made changes to their positions in the company. Signature Equity Partners LLC boosted its stake in ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company's stock worth $26,000 after purchasing an additional 123 shares during the period. CoreCap Advisors LLC acquired a new stake in ATI during the 2nd quarter valued at $30,000. Torren Management LLC acquired a new stake in ATI during the 4th quarter valued at $52,000. Summit Securities Group LLC purchased a new stake in shares of ATI in the first quarter valued at $60,000. Finally, Hollencrest Capital Management lifted its holdings in shares of ATI by 283.1% in the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company's stock valued at $66,000 after purchasing an additional 334 shares in the last quarter.

ATI Stock Down 1.1%

ATI stock opened at $206.84 on Friday. The company has a 50 day moving average of $200.19 and a two-hundred day moving average of $171.49. The company has a market cap of $28.17 billion, a price-to-earnings ratio of 60.66, a PEG ratio of 1.25 and a beta of 0.98. ATI Inc. has a 12-month low of $71.94 and a 12-month high of $243.57. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI - Get Free Report) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the firm posted $0.74 EPS. The business'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. On average, equities analysts anticipate that ATI Inc. will post 5.15 earnings per share for the current fiscal year.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 24,845 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 100,719 shares of the company's stock, valued at $23,285,225.61. The trade was a 19.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 177,044 shares of company stock valued at $33,976,616 in the last ninety days. 0.98% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Zacks Research upgraded ATI from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 25th. Susquehanna increased their price objective on ATI from $215.00 to $265.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. Wells Fargo & Company reissued an "overweight" rating and issued a $275.00 price objective on shares of ATI in a research note on Monday, August 10th. Wall Street Zen upgraded ATI from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $262.00 target price on shares of ATI in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $232.00.

ATI Company Profile

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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