Rational Advisors Inc. Has $2.78 Million Stock Position in ATI Inc. $ATI

Key Points

• Rational Advisors more than doubled its ATI position in the second quarter, acquiring 7,200 additional shares for a total stake of 14,100 shares valued at approximately $2.78 million.
• Analyst sentiment remains positive: ATI has a consensus “Buy” rating and an average price target of $232, with several firms recently raising their targets or upgrading the stock.
• ATI reported stronger-than-expected quarterly results, including EPS of $1.23 versus the $1.03 consensus and revenue of $1.26 billion. However, insiders sold roughly $34 million of stock over the past 90 days, including a sizable sale by CEO Kimberly A. Fields.

Rational Advisors Inc. lifted its position in shares of ATI Inc. (NYSE:ATI - Free Report) by 104.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,100 shares of the basic materials company's stock after acquiring an additional 7,200 shares during the quarter. Rational Advisors Inc.'s holdings in ATI were worth $2,779,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ATI. Signature Equity Partners LLC increased its position in ATI by 208.5% in the first 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 position in ATI during the 2nd quarter valued at about $30,000. Summit Securities Group LLC acquired a new position in ATI during the 1st quarter valued at about $60,000. Hollencrest Capital Management boosted its stake in shares of ATI by 283.1% in the 1st 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. Finally, Clearstead Advisors LLC boosted its stake in shares of ATI by 137.3% in the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company's stock valued at $69,000 after purchasing an additional 346 shares during the last quarter.

Analyst Ratings Changes

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

Insiders Place Their Bets

In related news, CEO Kimberly A. Fields sold 59,749 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer directly owned 218,014 shares in the company, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 177,044 shares of company stock worth $33,976,616 in the last 90 days. Insiders own 0.98% of the company's stock.

ATI Stock Performance

Shares of NYSE:ATI opened at $210.29 on Friday. The firm's 50 day simple moving average is $201.64 and its 200 day simple moving average is $174.45. ATI Inc. has a fifty-two week low of $74.45 and a fifty-two week high of $243.57. The company has a market capitalization of $28.64 billion, a price-to-earnings ratio of 61.67, a P/E/G ratio of 1.27 and a beta of 0.98. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14.

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

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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