Emerald Mutual Fund Advisers Trust Has $13.65 Million Stock Holdings in ATI Inc. $ATI

Emerald Mutual Fund Advisers Trust trimmed its position in ATI Inc. (NYSE:ATI) by 48.9% during the first quarter, Holdings Channel reports. The institutional investor owned 93,847 shares of the basic materials company’s stock after selling 89,708 shares during the quarter. Emerald Mutual Fund Advisers Trust’s holdings in ATI were worth $13,651,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ATI. True Wealth Design LLC lifted its stake in shares of ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 225 shares during the period. Summit Securities Group LLC bought a new position in ATI in the first quarter valued at about $60,000. Torren Management LLC acquired a new stake in ATI in the fourth quarter worth about $52,000. Allworth Financial LP increased its position in ATI by 50.8% in the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 180 shares during the period. Finally, Clearstead Advisors LLC raised its holdings in ATI by 137.3% during the 4th quarter. Clearstead Advisors LLC now owns 598 shares of the basic materials company’s stock worth $69,000 after purchasing an additional 346 shares during the last quarter.

ATI Trading Down 1.8%

NYSE:ATI opened at $183.69 on Tuesday. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31. The firm has a market capitalization of $25.07 billion, a price-to-earnings ratio of 60.82, a PEG ratio of 1.49 and a beta of 0.96. The business’s 50-day moving average price is $179.62 and its two-hundred day moving average price is $154.70.

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. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, equities analysts expect that ATI Inc. will post 4.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. TD Cowen upped their target price on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday. Susquehanna lifted their price target on shares of ATI from $185.00 to $215.00 and gave the stock a “positive” rating in a research report on Thursday. BTIG Research boosted their price target on shares of ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $194.00 price objective on shares of ATI in a research note on Friday, May 1st. Finally, Wells Fargo & Company started coverage on shares of ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to data from MarketBeat, ATI currently has a consensus rating of “Buy” and a consensus price target of $176.78.

Insiders Place Their Bets

In related news, CEO Kimberly A. Fields sold 59,749 shares of ATI stock in a transaction that occurred on Tuesday, June 2nd. The shares were 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. This trade represents a 21.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders have sold 160,442 shares of company stock worth $28,535,831. 0.98% of the stock is owned by company 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.