Analysts Set ATI Inc. (NYSE:ATI) Price Target at $138.56

Shares of ATI Inc. (NYSE:ATI) have received a consensus recommendation of “Buy” from the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $138.5556.

ATI has been the topic of a number of analyst reports. Susquehanna set a $155.00 price objective on shares of ATI in a research report on Wednesday, February 4th. KeyCorp initiated coverage on shares of ATI in a research report on Wednesday, March 25th. They issued an “overweight” rating and a $140.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on shares of ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Wall Street Zen cut shares of ATI from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th.

Insider Activity

In other ATI news, Director David J. Morehouse sold 6,609 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the transaction, the director owned 38,168 shares in the company, valued at approximately $5,887,414. The trade was a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On ATI

Hedge funds and other institutional investors have recently modified their holdings of the stock. True Wealth Design LLC increased its position in shares of ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after buying an additional 225 shares during the period. Meeder Asset Management Inc. increased its position in shares of ATI by 2,010.0% during the third quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock valued at $34,000 after buying an additional 402 shares during the period. Prestige Wealth Management Group LLC purchased a new position in shares of ATI during the third quarter valued at about $34,000. Allworth Financial LP increased its position in shares of ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock valued at $43,000 after buying an additional 180 shares during the period. Finally, Torren Management LLC purchased a new position in shares of ATI during the fourth quarter valued at about $52,000.

ATI Stock Performance

ATI stock opened at $147.81 on Friday. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $20.17 billion, a PE ratio of 52.05, a P/E/G ratio of 1.45 and a beta of 1.00. The firm has a fifty day simple moving average of $145.37 and a two-hundred day simple moving average of $116.61. ATI has a twelve month low of $39.23 and a twelve month high of $168.14.

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

ATI declared that its board has initiated a share repurchase plan on Thursday, February 19th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the basic materials company to buy up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

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.