Sanctuary Advisors LLC Raises Stake in ATI Inc. $ATI

Key Points

• Sanctuary Advisors LLC increased its stake in ATI by 65.7% in Q4, adding 53,629 shares to own 135,265 shares worth about $15.52 million.
• ATI set FY2026 guidance of $3.99–$4.27 EPS, beat Q4 EPS estimates ($0.93 vs. $0.89), and its board authorized a $500 million share buyback (up to 2.5% of outstanding stock).
• Brokerages hold a consensus Buy rating with an average target near $152.88; the stock trades around $154 with a P/E of ~54.3 and a market cap of about $21.1 billion.

Sanctuary Advisors LLC boosted its position in ATI Inc. (NYSE:ATI - Free Report) by 65.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 135,265 shares of the basic materials company's stock after buying an additional 53,629 shares during the period. Sanctuary Advisors LLC owned approximately 0.10% of ATI worth $15,523,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. True Wealth Design LLC lifted its holdings in ATI by 642.9% in the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company's stock valued at $30,000 after acquiring an additional 225 shares during the period. Prestige Wealth Management Group LLC acquired a new position in ATI in the third quarter valued at approximately $34,000. Meeder Asset Management Inc. lifted its holdings in ATI by 2,010.0% in the third quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company's stock valued at $34,000 after acquiring an additional 402 shares during the period. Allworth Financial LP lifted its holdings in ATI by 50.8% in the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company's stock valued at $43,000 after acquiring an additional 180 shares during the period. Finally, ARK Investment Management LLC lifted its holdings in ATI by 378.7% in the third quarter. ARK Investment Management LLC now owns 742 shares of the basic materials company's stock valued at $60,000 after acquiring an additional 587 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ATI. Weiss Ratings reissued a "buy (b-)" rating on shares of ATI in a report on Monday, December 29th. Wall Street Zen downgraded ATI from a "buy" rating to a "hold" rating in a research note on Sunday, February 15th. Alembic Global Advisors started coverage on ATI in a research note on Thursday, January 15th. They set an "overweight" rating and a $141.00 target price for the company. KeyCorp upped their target price on ATI from $140.00 to $167.00 and gave the stock an "overweight" rating in a research note on Thursday, April 9th. Finally, BTIG Research upped their target price on ATI from $120.00 to $165.00 and gave the stock a "buy" rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, ATI currently has a consensus rating of "Buy" and an average price target of $152.88.

ATI Trading Up 0.0%

Shares of ATI stock opened at $154.33 on Monday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. The company has a market cap of $21.06 billion, a price-to-earnings ratio of 54.34, a PEG ratio of 1.53 and a beta of 1.00. The stock has a 50 day simple moving average of $153.22 and a 200-day simple moving average of $124.21. ATI Inc. has a 1-year low of $51.80 and a 1-year high of $168.14.

ATI (NYSE:ATI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the prior year, the company earned $0.79 EPS. The firm's revenue was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. On average, equities research analysts expect that ATI Inc. will post 4.18 EPS for the current fiscal year.

ATI declared that its board has authorized a share repurchase program on Thursday, February 19th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.

Insider Activity

In other ATI news, Director David J. Morehouse sold 6,609 shares of the firm's stock in a transaction on Monday, March 9th. The stock was sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the sale, the director directly owned 38,168 shares of the company's stock, valued at $5,887,414. This trade represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.98% of the stock is owned by company insiders.

About ATI

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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