ATI (NYSE:ATI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ATI (NYSE:ATI) from a hold rating to a buy rating in a research note published on Saturday morning.

A number of other brokerages have also issued reports on ATI. Susquehanna set a $155.00 target price on shares of ATI in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 price objective on shares of ATI in a research report on Wednesday, February 4th. KeyCorp increased their price objective on ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Alembic Global Advisors started coverage on ATI in a research note on Thursday, January 15th. They issued an “overweight” rating and a $141.00 target price for the company. Finally, BTIG Research upped their price target on ATI from $120.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $133.00.

ATI Stock Performance

Shares of NYSE:ATI opened at $135.63 on Friday. The business has a fifty day moving average of $117.22 and a 200-day moving average of $96.16. 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 twelve month low of $39.23 and a twelve month high of $137.00. The firm has a market cap of $18.43 billion, a PE ratio of 47.76, a price-to-earnings-growth ratio of 1.35 and a beta of 1.02.

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 the consensus estimate of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company earned $0.79 EPS. The firm’s quarterly revenue 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. On average, equities research analysts predict that ATI will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling

In related news, VP Timothy J. Harris sold 10,542 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total value of $1,031,850.96. Following the completion of the sale, the vice president owned 98,310 shares in the company, valued at approximately $9,622,582.80. This represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Robert S. Wetherbee sold 53,862 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $109.48, for a total value of $5,896,811.76. Following the transaction, the chairman owned 132,676 shares in the company, valued at approximately $14,525,368.48. This trade represents a 28.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 137,544 shares of company stock valued at $14,102,044 over the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ATI. True Wealth Design LLC raised its holdings in ATI by 642.9% in the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 225 shares during the period. Prestige Wealth Management Group LLC bought a new stake in shares of ATI in the 3rd quarter valued at $34,000. Meeder Asset Management Inc. raised its stake in ATI by 2,010.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock worth $34,000 after buying an additional 402 shares during the period. Torren Management LLC acquired a new stake in ATI during the 4th quarter worth $52,000. Finally, Allworth Financial LP lifted its holdings in ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 180 shares in the last quarter.

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.