Northwestern Mutual Wealth Management Co. Takes Position in ATI Inc. $ATI

Key Points

• Northwestern Mutual Wealth Management Co. acquired 78,629 ATI shares during the second quarter, worth approximately $15.5 million and representing about 0.06% of the company.
• ATI reported stronger-than-expected quarterly results, with EPS of $1.23 versus $1.03 expected and revenue of $1.26 billion. Revenue increased 10.6% year over year, and management issued third-quarter 2026 EPS guidance of $1.31–$1.37.
• Analysts remain bullish, with ATI carrying a consensus “Buy” rating and a $232 price target. The stock was recently trading at $206.84, while insiders have sold approximately $34 million of shares over the past 90 days.

Northwestern Mutual Wealth Management Co. purchased a new position in shares of ATI Inc. (NYSE:ATI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 78,629 shares of the basic materials company's stock, valued at approximately $15,498,000. Northwestern Mutual Wealth Management Co. owned about 0.06% of ATI as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ATI. Signature Equity Partners LLC increased its holdings in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 123 shares in the last quarter. CoreCap Advisors LLC acquired a new position in ATI during the second quarter worth about $30,000. Torren Management LLC purchased a new stake in shares of ATI in the fourth quarter valued at about $52,000. Summit Securities Group LLC purchased a new stake in shares of ATI in the first quarter valued at about $60,000. Finally, Hollencrest Capital Management grew its position 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 during the last quarter.

ATI Stock Performance

ATI stock opened at $206.84 on Friday. The stock has a fifty day moving average price of $200.19 and a 200 day moving average price of $171.49. ATI Inc. has a 52 week low of $71.94 and a 52 week high of $243.57. The firm has a market capitalization of $28.17 billion, a P/E ratio of 60.66, a PEG ratio of 1.25 and a beta of 0.98. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91.

ATI (NYSE:ATI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.20. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm's quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the company earned $0.74 EPS. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities research analysts anticipate that ATI Inc. will post 5.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ATI shares. TD Cowen raised their price objective on shares of ATI from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. Susquehanna upped their target price on ATI from $215.00 to $265.00 and gave the company a "positive" rating in a research note on Friday, August 7th. Wells Fargo & Company reiterated an "overweight" rating and set a $275.00 target price on shares of ATI in a report on Monday, August 10th. JPMorgan Chase & Co. boosted their price target on ATI from $150.00 to $175.00 and gave the stock an "overweight" rating in a report on Friday, May 1st. Finally, KeyCorp increased their price objective on ATI from $211.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $232.00.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total value of $10,699,253.43. Following the sale, the chief executive officer directly owned 218,014 shares of the company's stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 177,044 shares of company stock worth $33,976,616. Corporate insiders own 0.98% of the company's stock.

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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