Sumitomo Mitsui DS Asset Management Company 13F: New $2.9M Stake in ATI

Sumitomo Mitsui DS Asset Management Company picked up a brand-new stake in ATI Inc. ticker ATI, acquiring 15,171 shares valued at about $2.87 million. The institutional investor revealed the new holding in a Form 13F filing submitted to the Securities and Exchange Commission on October 20, 2026.

ATI ATI Inc.

$183.07 ▲ +53.58% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Sumitomo Mitsui DS Asset Management Company's ATI Position

The fund started from zero and built a fresh position of 15,171 shares during the period.

Other Institutional Activity in ATI

Other large asset managers adjusted their holdings in the specialty materials producer around recent reporting periods. Bank of Nova Scotia grew its holdings by 224,949 shares, ending with 467,149 shares worth about $93.2 million. Intech Investment Management lifted its stake by 54,356 shares to 59,394 shares valued at roughly $12.1 million. Waverly Advisors trimmed its position by 13,761 shares, holding 46,082 shares worth about $9.1 million. Tudor Investment opened a new position with 88,935 shares valued at roughly $18.2 million. Assenagon Asset Management S.A. grew its stake by 558,212 shares, ending with 584,030 shares worth about $115.1 million.

ATI Inc. Stock Down 3.3%

Shares of ATI closed at $183.07 on October 20, 2026, and recently traded right around that same level at $183.07 as of October 21, 2026. The stock sits below its 50-day moving average of $199.75 and above its 200-day moving average of $171.54. The share price rests below its 52-week high of $243.57 and above its 52-week low of $81.34.

Recent Earnings

ATI Inc. reported trailing twelve-month revenue of $4.72 billion along with trailing earnings of $3.41 per share. The manufacturer posted a net profit margin of 10.1% alongside a return on equity of 25.4%. The company's next earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at ATI Inc.

Company insiders completed several transactions prior to the filing. Director David J. Morehouse sold 2,485 shares on September 2, 2026, at an average price of $201.61 for a total value of $501,001. Chief Technology Officer Timothy J. Harris sold 16,500 shares on September 8, 2026, at $207.54, another 16,500 shares on September 14, 2026, at $188.15, and 9,000 shares on September 21, 2026, at $191.82.

Analysts Set New Price Targets

Wall Street analysts have updated their outlooks on the stock in recent months. Susquehanna maintained a positive rating with a price target of $265.00 on August 7, 2026. BTIG maintained a buy rating on August 7, 2026, lifting its target to $270.00. Keybanc maintained an overweight rating on August 12, 2026, with a target of $258.00, and later maintained an overweight rating on October 8, 2026, with a target of $228.00. Wells Fargo maintained an overweight rating on September 30, 2026, with a target of $240.00. Overall, the stock carries a consensus strong buy rating and a mean price target of $248.89 across nine analyst opinions.

About ATI

ATI Inc. manufactures specialty materials and complex components used in aerospace, defense, and industrial applications. The company operates through two core units focusing on advanced alloys, high-performance materials, and precision components. Institutional interest in the firm comes as suppliers navigate strong demand for high-temperature and lightweight metals.

Bottom Line

Sumitomo Mitsui DS Asset Management Company's new stake arrives as investors look ahead to ATI's upcoming quarterly financial update on October 29, 2026. Market participants will monitor earnings results and institutional ownership trends for further clues on the stock's trajectory.