ATI (NYSE:ATI) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of ATI (NYSE:ATI) from a hold rating to a buy rating in a research report released on Saturday.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. increased their price target on shares of ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday. BTIG Research upped their target price on shares of ATI from $120.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday. Susquehanna set a $155.00 target price on shares of ATI in a report on Wednesday. Alembic Global Advisors initiated coverage on shares of ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 price objective on shares of ATI in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, ATI has a consensus rating of “Moderate Buy” and a consensus target price of $133.00.

ATI Stock Performance

Shares of ATI stock opened at $133.75 on Friday. The firm has a fifty day moving average of $116.49 and a two-hundred day moving average of $95.85. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.18 and a current ratio of 2.66. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 47.10, a PEG ratio of 1.23 and a beta of 1.02. ATI has a 52 week low of $39.23 and a 52 week high of $137.00.

ATI (NYSE:ATI) last posted its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm’s revenue was up .4% on a year-over-year basis. During the same period last year, the company earned $0.79 EPS. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, equities research analysts predict that ATI will post 2.89 EPS for the current year.

Insider Transactions at ATI

In other ATI news, SVP Tina Killough Busch sold 2,598 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $93.26, for a total transaction of $242,289.48. Following the completion of the transaction, the senior vice president owned 21,274 shares of the company’s stock, valued at $1,984,013.24. This represents a 10.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Timothy J. Harris sold 10,543 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $97.69, for a total transaction of $1,029,945.67. Following the transaction, the vice president directly owned 119,394 shares of the company’s stock, valued at $11,663,599.86. This represents a 8.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 148,087 shares of company stock valued at $15,131,989 over the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ATI. Lido Advisors LLC raised its holdings in ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after purchasing an additional 101 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of ATI by 2.4% during the third quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock worth $360,000 after buying an additional 102 shares during the period. Smartleaf Asset Management LLC increased its position in shares of ATI by 12.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after buying an additional 118 shares during the period. Activest Wealth Management raised its stake in ATI by 17.6% during the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after buying an additional 125 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in ATI by 2.0% in the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after buying an additional 140 shares during the period.

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.