Tema ETFs LLC Sells 9,216 Shares of ATI Inc. $ATI

Tema ETFs LLC cut its holdings in ATI Inc. (NYSE:ATI) by 11.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,045 shares of the basic materials company’s stock after selling 9,216 shares during the quarter. Tema ETFs LLC’s holdings in ATI were worth $14,200,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ATI. Hennion & Walsh Asset Management Inc. raised its holdings in shares of ATI by 18.0% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 36,829 shares of the basic materials company’s stock valued at $7,259,000 after purchasing an additional 5,617 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in ATI during the second quarter valued at approximately $569,000. Assenagon Asset Management S.A. increased its holdings in ATI by 12.5% during the second quarter. Assenagon Asset Management S.A. now owns 657,117 shares of the basic materials company’s stock valued at $129,518,000 after buying an additional 73,087 shares during the period. 55 North Private Wealth LLC bought a new position in ATI in the second quarter worth approximately $236,000. Finally, Dynamic Advisor Solutions LLC bought a new position in ATI in the second quarter worth approximately $238,000.

Wall Street Analysts Forecast Growth

ATI has been the subject of a number of analyst reports. Susquehanna upped their price objective on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. KeyCorp increased their price target on shares of ATI from $175.00 to $211.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Finally, Wall Street Zen upgraded shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $226.12.

Insider Activity

In related news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the transaction, the chief executive officer owned 218,014 shares in the company, valued at $39,039,766.98. This trade represents a 21.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 152,199 shares of company stock valued at $28,232,700 over the last three months. Company insiders own 0.98% of the company’s stock.

ATI Stock Up 0.8%

ATI stock opened at $230.10 on Wednesday. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $239.23. The business has a fifty day moving average price of $194.42 and a 200-day moving average price of $166.23. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The stock has a market capitalization of $31.40 billion, a price-to-earnings ratio of 67.48, a PEG ratio of 1.60 and a beta of 0.98.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates 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%.The firm’s revenue was up 10.6% compared to the same quarter last year. During the same period last year, the business posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities research analysts forecast that ATI Inc. will post 5.09 EPS for the current fiscal year.

ATI 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.