ATI Inc. (NYSE:ATI) Receives $133.00 Consensus Target Price from Brokerages

ATI Inc. (NYSE:ATI) has been assigned an average rating of “Buy” from the eleven analysts that are covering the stock, MarketBeat.com reports. Ten investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $133.00.

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $150.00 target price on shares of ATI in a research note on Wednesday, February 4th. BTIG Research upped their price target on shares of ATI from $120.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. KeyCorp lifted their price objective on ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their price objective on ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, Alembic Global Advisors began coverage on ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 target price on the stock.

Insider Activity at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the transaction, the chairman directly owned 132,676 shares in the company, valued at approximately $14,525,368.48. This represents a 28.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David J. Morehouse sold 6,609 shares of ATI stock in a transaction on Monday, March 9th. The shares were sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the sale, the director owned 38,168 shares of the company’s stock, valued at $5,887,414. This represents a 14.76% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On ATI

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new stake in ATI in the 4th quarter valued at about $198,787,000. Capital World Investors boosted its holdings in ATI by 15.8% in the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after acquiring an additional 1,080,201 shares in 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 acquiring an additional 929,333 shares during the period. 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 acquiring an additional 889,912 shares during the period. Finally, UBS Group AG increased its holdings in shares of ATI by 143.3% during the fourth quarter. UBS Group AG now owns 1,193,129 shares of the basic materials company’s stock valued at $136,923,000 after acquiring an additional 702,656 shares in the last quarter.

ATI Stock Performance

NYSE:ATI opened at $141.94 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66. ATI has a fifty-two week low of $39.23 and a fifty-two week high of $168.14. The company has a 50 day simple moving average of $137.91 and a two-hundred day simple moving average of $108.65. The company has a market capitalization of $19.44 billion, a PE ratio of 49.98, a P/E/G ratio of 1.41 and a beta of 0.95.

ATI (NYSE:ATI) last issued its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the company earned $0.79 EPS. The company’s revenue for the quarter was up .4% on a year-over-year basis. 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 anticipate that ATI will post 2.89 earnings per share for the current year.

ATI announced that its Board of Directors has authorized a share buyback program on Thursday, February 19th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the basic materials company to repurchase up to 2.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is 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.