Emerald Investment Advisers LLC Invests $881,000 in ATI Inc. $ATI

Emerald Investment Advisers LLC bought a new stake in ATI Inc. (NYSE:ATI) during the second quarter, HoldingsChannel.com reports. The fund bought 4,468 shares of the basic materials company’s stock, valued at approximately $881,000.

Several other hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC bought a new position in ATI during the second quarter worth about $30,000. Signature Equity Partners LLC raised its stake in ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in ATI in the second quarter valued at approximately $73,000. Meeder Asset Management Inc. bought a new stake in ATI in the second quarter valued at approximately $77,000. Finally, Summit Securities Group LLC acquired a new stake in shares of ATI in the first quarter valued at approximately $60,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. TD Cowen boosted their target price on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th. JPMorgan Chase & Co. raised their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 price objective on shares of ATI in a research report on Monday, August 10th. KeyCorp upped their price objective on shares of ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $232.00.

Insider Transactions at ATI

In other news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 177,044 shares of company stock worth $33,976,616. 0.98% of the stock is owned by corporate insiders.

ATI Price Performance

Shares of NYSE ATI opened at $206.84 on Friday. The business has a fifty day moving average price of $200.19 and a two-hundred day moving average price of $171.49. The stock has a market capitalization of $28.17 billion, a PE ratio of 60.66, a P/E/G ratio of 1.25 and a beta of 0.98. 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 fifty-two week low of $71.94 and a fifty-two week high of $243.57.

ATI (NYSE:ATI) last posted its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, equities analysts predict that ATI Inc. will post 5.15 earnings per share for the current fiscal year.

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.