Waverly Advisors 13F: Cuts ATI Stake by $2.7M

Waverly Advisors recently reduced its holdings in ATI Inc. (NYSE:ATI) by selling 13,761 shares. This move decreased its stake by nearly 23%, leaving the fund with 46,082 shares valued at approximately $9.28 million. The changes were reported in a Form 13F filing with the SEC, reflecting the fund's position as of the end of the latest quarter.

What Changed in Waverly Advisors' ATI Inc. Position

Waverly Advisors' decision to trim its stake in ATI Inc. resulted in a reduction of 13,761 shares, bringing its total to 46,082 shares. This represents a 23% decrease from its previous holding of 59,843 shares. The value of the remaining shares is approximately $9.28 million.

Other Institutional Activity in ATI Inc.

Several other institutional investors also adjusted their positions in ATI Inc. BlackRock, Inc. increased its holdings by 1,774,883 shares, ending with 16,441,653 shares valued at about $2.39 billion. Capital Research Global Investors boosted its position by 2,548,383 shares to a total of 6,160,107 shares worth $895.96 million. Meanwhile, Capital International Investors significantly cut its stake by 11,211,854 shares, leaving it with 5,883,949 shares valued at $854.87 million. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both added to their positions, now holding 6,124,128 and 5,821,508 shares, respectively.

ATI Inc. Stock Up 4.4%

Shares of ATI Inc. (NYSE:ATI) recently traded at $201.34. The company boasts a market cap of $27.48 billion and a P/E ratio of 66.67. Its stock has seen a 52-week low of $70.42 and a high of $203.60. The 50-day moving average is $167.35, while the 200-day moving average is $127.06. ATI Inc. maintains a current ratio of 2.67 and a quick ratio of 1.08, with a debt-to-equity ratio of 96.90.

Recent Earnings

ATI Inc. reported revenue of $4.59 billion, showing a modest growth of 0.6%. The company's net margin stands at 9.26%, with a return on equity of 22.67%. Earnings per share (EPS) is $3.02. The next earnings report is expected on July 28, 2026.

Insider Buying and Selling at ATI Inc.

Several insiders made transactions recently. Kimberly Fields, Chair, President, and CEO, sold 59,749 shares on June 2, 2026, in a planned sale. On May 19, 2026, insiders Leroy Ball, Herbert Carlisle, Marianne Kah, Carolyn Corvi, and David Morehouse each purchased 905 shares, with Morehouse buying 1,743 shares.

Analysts Set New Price Targets

Analysts are bullish on ATI Inc. Keybanc, JP Morgan, and BTIG maintained their buy ratings with price targets of $175 to $180 in early May 2026. Susquehanna also maintained a buy rating with a target of $185 in April 2026. The consensus recommendation is a strong buy, with an average target price of $181.56 based on nine analyst opinions.

About ATI Inc.

ATI Inc. is a Dallas-based company specializing in the production and sale of specialty materials and complex components. Operating in the Industrials sector, specifically in Metal Fabrication, ATI offers a range of high-performance materials and advanced alloys. Under the leadership of CEO Kimberly A. Fields, the company serves diverse markets such as aerospace, defense, and automotive, employing about 7,600 people worldwide.

Bottom Line

Waverly Advisors' recent reduction in its ATI Inc. stake reflects a strategic portfolio adjustment. Investors closely follow such moves for insights into fund strategies. While the 13F filing offers a snapshot of past holdings, it might not represent the fund's current position. With strong analyst support and a robust market presence, ATI Inc. remains a stock of interest.