ATI (NYSE:ATI) Sets New 52-Week High – Should You Buy?

ATI Inc. (NYSE:ATI)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $137.18 and last traded at $137.08, with a volume of 1107888 shares. The stock had previously closed at $135.66.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ATI shares. Alembic Global Advisors started coverage on ATI in a research report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 price objective 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. Susquehanna set a $155.00 price target on ATI in a research note on Wednesday, February 4th. Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $133.00.

ATI Trading Up 1.0%

The firm has a market cap of $18.62 billion, a P/E ratio of 48.25, a P/E/G ratio of 1.35 and a beta of 1.02. The stock has a 50 day simple moving average of $117.22 and a 200-day simple moving average of $96.16. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90.

ATI (NYSE:ATI) last posted its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the firm posted $0.79 earnings per share. ATI’s revenue for the quarter was up .4% compared to the same quarter last year. 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 expect that ATI Inc. will post 2.89 EPS for the current fiscal year.

Insider Activity at ATI

In other ATI news, VP Timothy J. Harris sold 10,542 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the sale, the vice president directly owned 98,310 shares of the company’s stock, valued at $9,622,582.80. The trade was a 9.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Robert S. Wetherbee sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $98.34, for a total value of $5,900,400.00. Following the completion of the sale, the chairman directly owned 246,538 shares of the company’s stock, valued at $24,244,546.92. The trade was a 19.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 137,544 shares of company stock valued at $14,102,044. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On ATI

Several hedge funds have recently bought and sold shares of ATI. Natixis Advisors LLC increased its stake in ATI by 99.2% in the fourth quarter. Natixis Advisors LLC now owns 151,265 shares of the basic materials company’s stock worth $17,360,000 after purchasing an additional 75,342 shares during the period. MUFG Securities EMEA plc bought a new stake in ATI during the 4th quarter valued at about $31,789,000. Norges Bank bought a new stake in ATI during the 4th quarter valued at about $198,787,000. Coyle Financial Counsel LLC purchased a new stake in ATI in the 4th quarter valued at about $223,000. Finally, Eurizon Capital SGR S.p.A. bought a new position in ATI in the 4th quarter worth about $549,000.

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.