ATI Inc. (NYSE:ATI) Given Consensus Rating of “Buy” by Brokerages

Shares of ATI Inc. (NYSE:ATI) have received a consensus rating of “Buy” from the eleven research firms that are currently covering the stock, Marketbeat.com reports. Nine analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $176.7778.

A number of research firms have issued reports on ATI. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. TD Cowen boosted their price target on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday. Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. lifted their target price on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company began coverage on ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 59,749 shares of ATI stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total value of $10,699,253.43. Following the sale, the chief executive officer directly owned 218,014 shares in the company, valued at $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 160,442 shares of company stock worth $28,535,831. 0.98% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in ATI during the fourth quarter worth about $198,787,000. SG Americas Securities LLC boosted its position in ATI by 1,471.8% during the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock valued at $156,423,000 after purchasing an additional 1,006,951 shares during the last quarter. Holocene Advisors LP grew its stake in ATI by 153.7% in the third quarter. Holocene Advisors LP now owns 1,534,114 shares of the basic materials company’s stock valued at $124,785,000 after purchasing an additional 929,333 shares in the last quarter. AQR Capital Management LLC grew its stake in ATI by 684.9% in the fourth quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock valued at $117,037,000 after purchasing an additional 889,912 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of ATI by 231.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock worth $175,094,000 after purchasing an additional 840,455 shares during the last quarter.

ATI Stock Up 0.1%

ATI stock opened at $185.77 on Monday. The stock has a market capitalization of $25.35 billion, a PE ratio of 61.51, a price-to-earnings-growth ratio of 1.48 and a beta of 0.96. ATI has a twelve month low of $70.42 and a twelve month high of $205.31. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. The company has a 50 day moving average of $181.89 and a 200-day moving average of $156.44.

ATI (NYSE:ATI) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business posted $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, equities research analysts anticipate that ATI will post 4.49 EPS 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.