Bank of America 13F: Adds $113M to ATI Stake

Bank of America Boosts ATI Holding

Bank of America boosted its position in ATI Inc. (NYSE:ATI) by adding 565,867 shares to its portfolio during the period, according to a recent Form 13F filing with the Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position. The firm raised its stake by 70.8% to finish the period with 1,364,941 shares. The reported value of the position reached approximately $272.3 million.

Stock Price Trades Near Yearly Levels

Shares of ATI trade near $199.50, sitting well above their 200-day moving average of $163.29. The stock has experienced considerable movement over the past year, trading as low as $75.02 and reaching a peak of $243.57. This steady upward trend follows a series of notable institutional portfolio adjustments earlier in the year, including sizable share additions from firms such as Assenagon Asset Management and Intech Investment Management.

Recent Earnings and Profitability

ATI reported solid financial metrics for its operations, generating $4.72 billion in revenue alongside a revenue growth rate of 10.6%. Profitability metrics show a net margin of 10.1% and a return on equity of 25.4%, paired with earnings per share of $3.41. The company carries a trailing price-to-earnings ratio of 55.47 and a forward price-to-earnings ratio of 29.68. Investors look toward the upcoming October 27, 2026 earnings release for further updates on financial performance.

Wall Street Analyst Coverage

Wall Street firms continue to monitor the specialty materials producer closely through various rating updates and price target adjustments. On October 8, 2026, Keybanc maintained its overweight rating on the stock while adjusting its price target from $258.00 to $228.00. Earlier on September 30, 2026, Wells Fargo also maintained an overweight rating with a target of $240.00, down from its prior target of $275.00. Overall, the stock holds a consensus recommendation of strong buy with a mean price target of $259.89 based on nine analyst opinions.

About ATI Inc.

ATI Inc. produces and sells specialty materials and complex components across global markets, operating through its High Performance Materials & Components and Advanced Alloys & Solutions segments. The company manufactures titanium alloys, nickel- and cobalt-based superalloys, and precision components used in aerospace, defense, medical, and energy applications. Formerly known as Allegheny Technologies Incorporated, the firm is headquartered in Dallas, Texas.

What to Watch at ATI

Market participants will follow upcoming institutional filings and the scheduled October earnings report to track further shifts in institutional ownership. Because 13F filings look backward at past quarters, these reports provide a snapshot of historical portfolio choices rather than live trading activity.