Emerald Advisers LLC Lowers Stock Position in ATI Inc. $ATI

Emerald Advisers LLC cut its holdings in shares of ATI Inc. (NYSE:ATI) by 41.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 181,485 shares of the basic materials company’s stock after selling 126,067 shares during the period. Emerald Advisers LLC’s holdings in ATI were worth $26,399,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ATI. Lido Advisors LLC raised its stake in ATI by 2.7% in the third quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after buying an additional 101 shares in the last quarter. Activest Wealth Management boosted its position in ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after acquiring an additional 125 shares in the last quarter. D.A. Davidson & CO. boosted its position in ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after acquiring an additional 140 shares in the last quarter. ARK Investment Management LLC boosted its position in ATI by 19.8% during the 4th quarter. ARK Investment Management LLC now owns 889 shares of the basic materials company’s stock valued at $102,000 after acquiring an additional 147 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of ATI by 0.3% in the 4th quarter. Janus Henderson Group PLC now owns 60,508 shares of the basic materials company’s stock valued at $6,945,000 after acquiring an additional 154 shares during the period.

ATI Stock Down 1.8%

ATI stock opened at $183.69 on Tuesday. The firm has a 50 day moving average of $179.62 and a 200 day moving average of $154.70. The stock has a market capitalization of $25.07 billion, a PE ratio of 60.82, a price-to-earnings-growth ratio of 1.49 and a beta of 0.96. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. ATI Inc. has a 52 week low of $70.42 and a 52 week high of $205.31.

ATI (NYSE:ATI) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. ATI’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 EPS. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Sell-side analysts forecast that ATI Inc. will post 4.47 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on ATI. BTIG Research boosted their price target on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Wall Street Zen downgraded ATI from a “buy” rating to a “hold” rating in a research report on Sunday. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. KeyCorp boosted their target price on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. Finally, Susquehanna increased their price target on shares of ATI from $185.00 to $215.00 and gave the company a “positive” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to data from MarketBeat, ATI currently has an average rating of “Buy” and an average target price of $176.78.

Insider Buying and Selling at ATI

In related news, CEO Kimberly A. Fields sold 40,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total value of $7,316,400.00. Following the transaction, the chief executive officer directly owned 157,321 shares of the company’s stock, valued at $28,775,584.11. This represents a 20.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 160,442 shares of company stock worth $28,535,831 over the last 90 days. 0.98% of the stock is owned by insiders.

About ATI

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.