ATI Inc. (NYSE:ATI) Given Consensus Recommendation of “Buy” by Analysts

ATI Inc. (NYSE:ATI) has earned a consensus recommendation of “Buy” from the ten analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $164.3750.

A number of equities analysts have recently issued reports on ATI shares. Wells Fargo & Company started coverage on shares of ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price objective for the company. Zacks Research cut shares of ATI from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. JPMorgan Chase & Co. increased their price objective on shares of ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 price objective on shares of ATI in a research note on Friday, May 1st. Finally, Wall Street Zen cut shares of ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th.

Insider Activity

In other news, CEO Kimberly A. Fields sold 59,749 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.98% of the company’s stock.

Institutional Investors Weigh In On ATI

Several institutional investors and hedge funds have recently made changes to their positions in the company. Channing Capital Management LLC raised its holdings in ATI by 34.2% during the 3rd quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock worth $90,219,000 after purchasing an additional 282,529 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in ATI by 53.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,648 shares of the basic materials company’s stock valued at $3,103,000 after purchasing an additional 8,939 shares during the period. Nordea Investment Management AB acquired a new position in ATI during the 4th quarter valued at about $6,114,000. First Financial Bankshares Inc acquired a new position in ATI during the 3rd quarter valued at about $1,589,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in ATI by 456.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,617 shares of the basic materials company’s stock valued at $14,875,000 after purchasing an additional 106,343 shares during the period.

ATI Trading Up 1.3%

Shares of ATI stock opened at $203.96 on Thursday. ATI has a 1 year low of $70.42 and a 1 year high of $205.31. The firm’s fifty day simple moving average is $169.29 and its 200 day simple moving average is $145.74. The firm has a market capitalization of $27.83 billion, a P/E ratio of 67.54, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95.

ATI (NYSE:ATI) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company earned $0.72 earnings per share. The business’s revenue was up .6% compared to the same quarter last year. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, sell-side analysts predict that ATI will post 4.43 EPS for the current year.

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.