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

ATI Inc. (NYSE:ATI) has earned a consensus rating of “Buy” from the ten analysts that are currently covering the firm, MarketBeat.com reports. Nine 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 price objective among brokerages that have issued ratings on the stock in the last year is $232.00.

ATI has been the subject of a number of analyst reports. BTIG Research increased their price target on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Weiss Ratings raised ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. TD Cowen increased 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. Finally, Wall Street Zen raised ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th.

Insiders Place Their Bets

In other ATI news, CEO Kimberly Fields sold 40,000 shares of the company’s 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 directly owned 157,321 shares in the company, valued at $28,775,584.11. This represents a 20.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Timothy Harris sold 16,500 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $210.01, for a total transaction of $3,465,165.00. Following the sale, the vice president directly owned 130,187 shares of the company’s stock, valued at approximately $27,340,571.87. This trade represents a 11.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 136,280 shares of company stock worth $27,243,528 in the last three months. 0.98% of the stock is owned by company insiders.

Institutional Trading of ATI

Institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System boosted its stake in ATI by 19,689.8% during the second 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 last quarter. BlackRock Inc. bought a new stake in ATI in the 2nd quarter worth approximately $3,687,529,000. State Street Corp raised its holdings in shares of ATI by 7.4% during the 3rd 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 in the last quarter. Capital Research Global Investors raised its holdings in shares of ATI by 12.0% during the 4th 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 in the last quarter. Finally, Invesco Ltd. boosted its position in shares of ATI by 7.4% during the 4th 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 last quarter.

ATI Price Performance

Shares of NYSE:ATI opened at $210.52 on Tuesday. The company has a market capitalization of $28.67 billion, a P/E ratio of 61.74, a P/E/G ratio of 1.28 and a beta of 1.01. ATI has a 1-year low of $74.45 and a 1-year high of $243.57. The firm’s 50 day simple moving average is $202.39 and its two-hundred day simple moving average is $177.42. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14.

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