UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 28, 2025 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1-12001 ATI Inc. (Exact name of registrant as specified in its charter) Delaware 25-1792394 (State or other jurisdiction of incorporation ...

The high-performance materials manufacturer ATI Inc. ( ATI ) exited 2025 delivering a modest top-line performance in Q4, as anticipated weakness in certain industrial end markets tempered consolidated growth. However, with continued strength in the core A&D end markets, particularly inAs a finance enthusiast with experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations ...

ATI Announces Multi-Year $500 Million Share Repurchase Program [Accessibility Statement] Skip NavigationDALLAS, Feb. 19, 2026 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that its Board of Directors has authorized the additional repurchase of up to $500 million of its outstanding common stock, which the Company currently expects will support a multi-year share repurchase program in combination with the currently remaining $120 million from its prior authorization. Repurchases under the program may be made ...

ATI ( ATI ) is part of this year's SA Quant Top 10 selection, which I reviewed as if it were an equally weighted portfolio. While 60% of the portfolio is focused on the AI trade, ATI isI have more that 35 years of experience in the investment field having worked as a sell & buy side analyst and portfolio manger for debt and equity funds. I am currently managing a high yield Latam bond fund.My goal, as a Seeking Alpha contributor, is to provide a fundamental view and analysis of companies and funds in a stre ...

Core Viewpoint - Altai Resources Inc. will resume trading on the TSX Venture Exchange on or about February 20, 2026, after a trading halt initiated on October 10, 2025, due to clarifications needed regarding its asset dispositions [1] Group 1: Company Affairs - The trading halt was related to the Company's disposition of the Malartic Exploration Gold Property and the Cessford Oil Wells Property, as announced in news releases dated August 27, 2025, and September 29, 2025 [1] - The TSX Venture Exchange has determined that Altai, as a Tier 2 Mining Issuer, does not meet the Tier 2 Continued Listing Requirements for Assets and Operations, and for Activity, under TSXV Policy 2.5 [1] - The Company will be placed on a 90-day Notice to Transfer to the NEX board of the TSXV to address these deficiencies [1] Group 2: Strategic Alternatives - In conjunction with the resumption of trading, the Company is actively pursuing strategic alternatives, including seeking new mining exploration properties to acquire [1]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, helping investors identify stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum, with higher scores indicating a better chance of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales to find attractive investment opportunities [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward price trends, utilizing recent price changes and earnings estimate adjustments to identify favorable buying opportunities [5] VGM Score - Combines all three Style Scores to provide a comprehensive rating, helping investors find stocks with the best value, growth prospects, and momentum [6] Zacks Rank Integration - The Zacks Rank uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.83% since 1988, significantly outperforming the S&P 500 [7] - A large number of stocks are rated, with over 800 top-rated options available, making it essential to use Style Scores for effective selection [8] Investment Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, ensuring high potential for upside [9] - Stocks rated 4 (Sell) or 5 (Strong Sell) should be avoided, even if they have high Style Scores, due to declining earnings forecasts [10] Company Spotlight: ATI Inc. - ATI Inc., based in Pittsburgh, PA, is a diversified specialty materials producer and currently holds a 1 (Strong Buy) rating on the Zacks Rank with a VGM Score of B [11] - The company is particularly appealing to growth investors, with a Growth Style Score of A and a projected year-over-year earnings growth of 27.2% for the current fiscal year [12] - Recent earnings estimates for fiscal 2026 have been revised upward, with the Zacks Consensus Estimate increasing by $0.17 to $4.12 per share, alongside an average earnings surprise of +11.2% [12]

Core Viewpoint - ATI shares have shown significant performance, increasing by 10.1% over the past month and reaching a 52-week high of $137.74, with a year-to-date gain of 19.4% compared to the Zacks Aerospace sector's 8.3% and the Aerospace - Defense Equipment industry's 8.6% [1] Financial Performance - ATI has consistently outperformed earnings expectations, beating the Zacks Consensus Estimate in the last four quarters, with the latest EPS reported at $0.93 against a consensus of $0.89 [2] - For the current fiscal year, ATI is projected to achieve earnings of $4.12 per share on revenues of $4.96 billion, reflecting a 27.16% increase in EPS and an 8.22% increase in revenues. For the next fiscal year, earnings are expected to rise to $5.02 per share on revenues of $5.37 billion, indicating a year-over-year change of 21.89% in EPS and 8.24% in revenues [3] Valuation Metrics - ATI's current valuation metrics indicate a trading multiple of 33.3X current fiscal year EPS estimates, which is below the peer industry average of 37X. The trailing cash flow basis shows a multiple of 29.6X compared to the peer group's average of 32.3X. The stock has a PEG ratio of 1.4, which does not position it among the top value stocks [7] Zacks Rank - ATI holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, indicating potential for further growth in the coming weeks and months [8]

Core Insights - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, particularly in the financial sector, which can lead to exceptional returns [1] Group 1: Company Overview - ATI is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank, indicating strong growth prospects [2] - The company has a historical EPS growth rate of 58%, with projected EPS growth of 27.1% for the current year, surpassing the industry average of 20.9% [4] Group 2: Financial Metrics - ATI's year-over-year cash flow growth stands at 24%, exceeding the industry average of 19.1%, which is crucial for its expansion without relying on external funding [5] - The historical annualized cash flow growth rate for ATI over the past 3-5 years is 9.9%, compared to the industry average of 9% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for ATI, with the Zacks Consensus Estimate for the current year increasing by 5.2% over the past month [7] - This upward revision trend contributes to ATI's Zacks Rank of 2 (Buy) and a Growth Score of A, positioning the company well for potential outperformance [9]

Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum [2][7] Value Score - The Value Style Score identifies attractive and discounted stocks using ratios like P/E, PEG, and Price/Sales [3] Growth Score - The Growth Style Score focuses on a company's future prospects and financial health, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score helps investors capitalize on price trends, using factors like one-week price changes and monthly earnings estimate changes [5] VGM Score - The VGM Score combines the three Style Scores to identify companies with the best value, growth forecasts, and momentum, serving as a strong indicator alongside the Zacks Rank [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.83% since 1988, significantly outperforming the S&P 500 [8][10] Stock to Watch: ATI Inc. - ATI Inc., a diversified specialty materials producer, holds a 2 (Buy) Zacks Rank and a VGM Score of A, with a Momentum Style Score of A and a 9.2% increase in shares over the past four weeks [12][13] - Four analysts have raised their earnings estimates for ATI for fiscal 2026, with the consensus estimate increasing by $0.21 to $4.12 per share and an average earnings surprise of +11.2% [13]

Core Insights - Fidelity Growth Strategies Fund's fourth-quarter 2025 investor letter highlights a diversified equity strategy focused on domestic midcap growth stocks, emphasizing quality companies with steady above-average growth potential [1] Fund Performance - The Fund (Retail Class shares) returned -3.44% in Q4 2025, outperforming the benchmark Russell Midcap® Growth Index, which returned -3.70% [1] - The U.S. stock market experienced a rapid rebound in Q4, driven by strong corporate fundamentals and significant spending on artificial intelligence [1] Company Highlights: ATI Inc. - ATI Inc. (NYSE:ATI) was noted as a leading contributor to the Fund's performance, with its stock gaining 7.51% over the past month and 100.76% over the last 52 weeks, closing at $127.50 per share on February 4, 2026, with a market capitalization of $17.574 billion [2] - ATI primarily operates in the aerospace and defense sectors, which account for about two-thirds of its business, and reported solid revenue growth and improved profitability in Q3, driven by high-margin aerospace product sales [3] - The company projected strong earnings growth for 2025 and Q1 2026 [3] Hedge Fund Interest - ATI Inc. was held by 58 hedge fund portfolios at the end of Q3 2025, an increase from 57 in the previous quarter [4] - The company's 2025 revenue increased by 5% year-over-year, reaching $4.6 billion [4]