Quantbot Technologies LP Has $512,000 Position in ATI Inc. $ATI

Key Points

• Quantbot Technologies LP cut its stake in ATI by 71.5% in Q3, selling 15,828 shares and finishing with 6,299 shares worth about $512,000.
• Chairman Robert S. Wetherbee sold 53,862 shares at an average price of $109.48 for roughly $5.9 million, reducing his position by 28.87% to 132,676 shares.
• ATI's board authorized a $500 million share buyback (up to 2.5% of outstanding shares) and provided FY2026 EPS guidance of 3.99–4.27 after a recent quarterly EPS beat of $0.93 versus $0.89 consensus.

Quantbot Technologies LP cut its stake in ATI Inc. (NYSE:ATI - Free Report) by 71.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,299 shares of the basic materials company's stock after selling 15,828 shares during the quarter. Quantbot Technologies LP's holdings in ATI were worth $512,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Keystone Investors PTE Ltd. increased its position in ATI by 123.6% during the third quarter. Keystone Investors PTE Ltd. now owns 261,280 shares of the basic materials company's stock worth $21,253,000 after acquiring an additional 144,441 shares during the period. Erste Asset Management GmbH acquired a new position in ATI during the third quarter valued at approximately $569,000. Intech Investment Management LLC lifted its position in shares of ATI by 96.6% during the 3rd quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company's stock worth $4,237,000 after buying an additional 25,590 shares during the last quarter. US Bancorp DE raised its stake in ATI by 6.8% during the third quarter. US Bancorp DE now owns 4,583 shares of the basic materials company's stock worth $373,000 after acquiring an additional 292 shares in the last quarter. Finally, Optiver Holding B.V. increased its position in ATI by 274.0% during the 3rd quarter. Optiver Holding B.V. now owns 864 shares of the basic materials company's stock worth $70,000 after purchasing an additional 633 shares in the last quarter.

Insider Activity at ATI

In related news, Chairman Robert S. Wetherbee sold 53,862 shares of the firm's stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total value of $5,896,811.76. Following the completion of the transaction, the chairman directly owned 132,676 shares of the company's stock, valued at approximately $14,525,368.48. This trade represents a 28.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.10% of the company's stock.

ATI Price Performance

ATI stock opened at $150.01 on Monday. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. The company has a market cap of $20.54 billion, a price-to-earnings ratio of 52.82, a PEG ratio of 1.49 and a beta of 0.95. ATI Inc. has a 12 month low of $39.23 and a 12 month high of $168.14. The business's 50 day simple moving average is $134.31 and its 200 day simple moving average is $106.13.

ATI (NYSE:ATI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.79 EPS. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Sell-side analysts forecast that ATI Inc. will post 2.89 EPS for the current year.

ATI announced that its board has initiated a stock repurchase program on Thursday, February 19th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

ATI has been the subject of several analyst reports. JPMorgan Chase & Co. raised their target price on ATI from $135.00 to $150.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 4th. Wall Street Zen lowered shares of ATI from a "buy" rating to a "hold" rating in a research note on Sunday, February 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $150.00 price target on shares of ATI in a research note on Wednesday, February 4th. Susquehanna set a $155.00 price objective on shares of ATI in a research note on Wednesday, February 4th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of ATI in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $133.00.

ATI 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.

Want to see what other hedge funds are holding ATI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ATI Inc. (NYSE:ATI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.