Bank of America 13F: Adds $112M to ATI Stake
Bank of America increased its holdings in ATI Inc. significantly in its latest filing.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America added 565,867 shares to its stake in ATI Inc. ($ATI), a 70.82% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 1,364,941 shares worth $269.86 million at the end of the quarter.
Since the filing, $ATI is up 12.8% after 1 week, up 31.6% after 1 month and up 24.0% to date (from the $149.62 close on May 18, 2026).
ATI
ATI Inc.
Key Points
- Bank of America boosted its position in ATI Inc. by 565,867 shares, raising its total to 1,364,941 shares valued at about $269.9 million as of May 18, 2026.
- The stock closed at $197.71 on the publication date, up from $191.63 prior, highlighting its recent upward trend.
- Analysts continue to show strong support for ATI Inc., with a consensus rating of 'strong buy' and a mean price target of $259.89.
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Bank of America Increases Stake in ATI Inc.
Bank of America has boosted its position in ATI Inc. (NYSE: ATI) by adding 565,867 shares, bringing its total to 1,364,941 shares. This increase is valued at approximately $269.9 million based on the stock price as of May 18, 2026.
Significant Change in Holdings
This move represents a 70.8% increase in Bank of America's stake in ATI Inc. The bank's previous holdings were 799,074 shares, and the latest filing reflects a strong commitment to the company.
Institutional Activity Around ATI
While there are no other funds reported in this quarter's filings for ATI Inc., recent activity from other investors has been notable. For instance, on May 14, Bank of Nova Scotia nearly doubled its stake in ATI, showing strong institutional interest in the company. In addition, other firms like Intech Investment Management and Tudor Investment have also increased their stakes, signaling a positive outlook for ATI Inc.
Stock Performance Insights
As of the publication date, ATI Inc.'s shares traded at $197.71, which is a notable increase from the previous close of $191.63. This position is relatively strong, especially considering the stock's 52-week range of $75.02 to $243.57. The stock's performance may be influenced by recent analyst ratings and institutional investments.
Analysts Set New Price Targets
Analysts have maintained a positive outlook on ATI Inc. Keybanc, for example, has kept an 'Overweight' rating with a price target of $228.0 as of October 8, 2026. Wells Fargo also maintains an 'Overweight' rating with a target of $240.0 from September 30, 2026. The average target price among analysts stands at $259.89, reflecting strong confidence in the company's future prospects.
What ATI Inc. Does
ATI Inc. specializes in producing and selling advanced materials and complex components across various industries, including aerospace and defense, energy, and automotive. The company’s recent investments from major institutional players suggest a strong belief in its growth potential.
What's Ahead for ATI Inc.
Investors will be watching for ATI Inc.'s next earnings report scheduled for October 27, 2026. The recent 13F filing provides a snapshot of Bank of America's holdings but may not represent their current position. Further updates will be important as the company continues to navigate its market.
Related Filing Alerts
Source: Bank of America's 13F filing on $ATI (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts