Emerald Investment Advisers LLC Acquires Shares of 4,468 ATI Inc. $ATI

Emerald Investment Advisers LLC bought a new stake in ATI Inc. (NYSE:ATI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,468 shares of the basic materials company’s stock, valued at approximately $881,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in ATI during the 2nd quarter worth approximately $3,687,529,000. Norges Bank bought a new stake in ATI in the fourth quarter valued at approximately $198,787,000. SG Americas Securities LLC raised its holdings in ATI by 1,471.8% in the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock worth $156,423,000 after purchasing an additional 1,006,951 shares during the period. AQR Capital Management LLC raised its holdings in ATI by 684.9% in the fourth quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock worth $117,037,000 after purchasing an additional 889,912 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of ATI during the second quarter worth $168,996,000.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on ATI shares. Wells Fargo & Company reissued an “overweight” rating and set a $275.00 price objective on shares of ATI in a research report on Monday, August 10th. Susquehanna increased their target price on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a report on Friday, August 7th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $262.00 target price on shares of ATI in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat.com, ATI currently has an average rating of “Buy” and a consensus target price of $232.00.

Insider Buying and Selling

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the transaction, the chief executive officer owned 218,014 shares of the company’s stock, valued at $39,039,766.98. The trade was a 21.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 177,044 shares of company stock worth $33,976,616 over the last ninety days. Corporate insiders own 0.98% of the company’s stock.

ATI Trading Down 1.1%

Shares of NYSE:ATI opened at $206.84 on Friday. The company’s 50-day moving average price is $200.19 and its two-hundred day moving average price is $171.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. ATI Inc. has a one year low of $71.94 and a one year high of $243.57. The stock has a market capitalization of $28.17 billion, a PE ratio of 60.66, a price-to-earnings-growth ratio of 1.25 and a beta of 0.98.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.20. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.ATI’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 EPS. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, equities analysts forecast that ATI Inc. will post 5.15 EPS for the current fiscal year.

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.