ATI (NYSE:ATI) Upgraded at Zacks Research

ATI (NYSE:ATI) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other brokerages have also commented on ATI. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. JPMorgan Chase & Co. upped their price target on ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 price target on shares of ATI in a research report on Wednesday, February 4th. Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Alembic Global Advisors started coverage on ATI in a research note on Thursday, January 15th. They set an “overweight” rating and a $141.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $133.00.

ATI Stock Performance

NYSE ATI opened at $137.02 on Monday. The stock has a fifty day simple moving average of $117.99 and a 200-day simple moving average of $96.46. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. The stock has a market cap of $18.62 billion, a PE ratio of 48.25, a P/E/G ratio of 1.37 and a beta of 1.02. ATI has a twelve month low of $39.23 and a twelve month high of $137.74.

ATI (NYSE:ATI) last issued its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. ATI had a net margin of 8.81% and a return on equity of 24.26%. ATI’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the firm 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. Equities analysts anticipate that ATI will post 2.89 earnings per share for the current year.

Insiders Place Their Bets

In other news, VP Timothy J. Harris sold 10,542 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the completion of the transaction, the vice president directly owned 98,310 shares of the company’s stock, valued at approximately $9,622,582.80. The trade was a 9.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 sale, the senior vice president owned 21,274 shares in the company, valued at $1,984,013.24. The trade was a 10.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 137,544 shares of company stock worth $14,102,044 in the last quarter. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. purchased a new position in ATI in the third quarter valued at $3,664,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of ATI by 27.4% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 39,682 shares of the basic materials company’s stock worth $3,228,000 after acquiring an additional 8,532 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of ATI by 21.3% during the 2nd quarter. Schroder Investment Management Group now owns 532,837 shares of the basic materials company’s stock worth $46,005,000 after acquiring an additional 93,620 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in shares of ATI by 108.9% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 373,083 shares of the basic materials company’s stock valued at $32,212,000 after acquiring an additional 194,518 shares during the last quarter. Finally, Confluence Wealth Services Inc. acquired a new stake in shares of ATI during the 3rd quarter worth about $481,000.

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.