Analysts Set ATI Inc. (NYSE:ATI) Price Target at $232.00

ATI Inc. (NYSE:ATI) has earned an average recommendation of “Buy” from the ten research firms that are presently covering the company, Marketbeat.com reports. Nine research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $232.00.

A number of analysts have recently issued reports on ATI shares. TD Cowen lifted their target price on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Weiss Ratings upgraded ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. BTIG Research lifted their price objective on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $262.00 target price on shares of ATI in a research report on Monday, August 10th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $275.00 target price on shares of ATI in a research note on Monday, August 10th.

ATI Price Performance

Shares of ATI stock opened at $210.52 on Tuesday. The company has a market capitalization of $28.67 billion, a PE ratio of 61.74, a price-to-earnings-growth ratio of 1.28 and a beta of 1.01. The firm has a fifty day simple moving average of $202.12 and a 200-day simple moving average of $176.74. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. ATI has a twelve month low of $74.45 and a twelve month high of $243.57.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm posted $0.74 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities research analysts anticipate that ATI will post 5.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total value of $7,316,400.00. Following the completion of the transaction, the chief executive officer owned 157,321 shares in the company, valued at approximately $28,775,584.11. This trade represents a 20.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Timothy J. Harris sold 16,500 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $210.01, for a total value of $3,465,165.00. Following the sale, the vice president directly owned 130,187 shares in the company, valued at approximately $27,340,571.87. This represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 136,280 shares of company stock valued at $27,243,528 in the last ninety days. Corporate insiders own 0.98% of the company’s stock.

Institutional Trading of ATI

A number of institutional investors and hedge funds have recently modified their holdings of the business. California State Teachers Retirement System boosted its holdings in shares of ATI by 19,689.8% in the 2nd quarter. California State Teachers Retirement System now owns 31,220,640 shares of the basic materials company’s stock valued at $6,153,588,000 after buying an additional 31,062,879 shares during the period. BlackRock Inc. acquired a new stake in ATI during the second quarter worth about $3,687,529,000. State Street Corp lifted its holdings in ATI by 7.4% in the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after acquiring an additional 415,479 shares during the last quarter. Capital Research Global Investors lifted its holdings in ATI by 12.0% in the fourth quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock worth $414,481,000 after acquiring an additional 386,754 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in ATI by 7.4% in the fourth quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock valued at $388,454,000 after acquiring an additional 233,010 shares during the period.

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.