ATI Inc. $ATI Stock Position Increased by Robeco Institutional Asset Management B.V.
by Tristan Rich · The Markets DailyRobeco Institutional Asset Management B.V. raised its stake in shares of ATI Inc. (NYSE:ATI – Free Report) by 528.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,084 shares of the basic materials company’s stock after purchasing an additional 45,478 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in ATI were worth $10,244,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the company. Precision Wealth Strategies LLC bought a new position in ATI during the first quarter valued at approximately $1,009,000. Bank of Nova Scotia grew its holdings in ATI by 92.9% during the 1st quarter. Bank of Nova Scotia now owns 467,149 shares of the basic materials company’s stock valued at $67,951,000 after buying an additional 224,949 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in ATI in the 2nd quarter worth approximately $129,773,000. Illinois Municipal Retirement Fund bought a new stake in ATI in the 1st quarter worth approximately $1,106,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in ATI in the 1st quarter worth approximately $4,599,000.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on ATI shares. BTIG Research increased their target price on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, October 13th. Susquehanna upped their price target on shares of 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 decreased their price target on shares of ATI from $275.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $262.00 price objective on shares of ATI in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. According to MarketBeat, ATI has a consensus rating of “Buy” and a consensus price target of $223.88.
View Our Latest Analysis on ATI
ATI Trading Down 3.1%
Shares of NYSE ATI opened at $156.85 on Friday. ATI Inc. has a 1-year low of $89.20 and a 1-year high of $243.57. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The business’s 50 day moving average is $195.57 and its two-hundred day moving average is $185.86. The stock has a market capitalization of $21.36 billion, a P/E ratio of 46.00, a PEG ratio of 0.93 and a beta of 0.99.
ATI (NYSE:ATI – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.20. The business had revenue of $1.26 billion during 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 company’s revenue for the quarter 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. As a group, research analysts expect that ATI Inc. will post 5.13 EPS for the current year.
Insider Activity at ATI
In related news, CEO Kimberly Fields sold 24,845 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was 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 in the company, valued at $23,285,225.61. This trade represents a 19.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Timothy Harris sold 9,000 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $191.82, for a total value of $1,726,380.00. Following the completion of the sale, the vice president owned 88,187 shares of the company’s stock, valued at approximately $16,916,030.34. This represents a 9.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 117,587 shares of company stock worth $24,111,631. Company insiders own 0.98% of the company’s stock.
ATI Company Profile
ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.
Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.
ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.
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