Waverly Advisors LLC Reduces Stock Position in ATI Inc. $ATI

Waverly Advisors LLC lessened its stake in ATI Inc. (NYSE:ATI) by 23.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 46,082 shares of the basic materials company’s stock after selling 13,761 shares during the quarter. Waverly Advisors LLC’s holdings in ATI were worth $6,703,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Signature Equity Partners LLC boosted its stake in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after buying an additional 123 shares during the last quarter. Allworth Financial LP increased its stake in shares of ATI by 50.8% in the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 180 shares during the last quarter. Torren Management LLC purchased a new position in shares of ATI during the 4th quarter worth $52,000. Summit Securities Group LLC purchased a new position in shares of ATI during the 1st quarter worth $60,000. Finally, Hollencrest Capital Management boosted its position in shares of ATI by 283.1% during the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after acquiring an additional 334 shares during the last quarter.

ATI Trading Down 2.7%

Shares of NYSE ATI opened at $192.39 on Tuesday. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $205.31. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The stock has a fifty day simple moving average of $186.18 and a 200-day simple moving average of $159.98. The stock has a market capitalization of $26.25 billion, a PE ratio of 63.70, a PEG ratio of 1.57 and a beta of 0.96.

ATI (NYSE:ATI) last posted its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the company earned $0.72 EPS. ATI’s revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, equities analysts forecast that ATI Inc. will post 4.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ATI has been the subject of a number of analyst reports. Wells Fargo & Company initiated coverage on shares of ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. Wall Street Zen downgraded shares of ATI from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Finally, BTIG Research upped their price objective on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $176.78.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 40,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the sale, the chief executive officer directly owned 157,321 shares in the company, valued at $28,775,584.11. This represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 160,442 shares of company stock worth $28,535,831 in the last 90 days. 0.98% of the stock is owned by corporate insiders.

ATI Company Profile

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.