ATI (NYSE:ATI) Hits New 12-Month High – Still a Buy?

ATI Inc. (NYSE:ATI)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $145.00 and last traded at $143.8310, with a volume of 75016 shares trading hands. The stock had previously closed at $143.93.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ATI shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $150.00 price objective on shares of ATI in a research report on Wednesday, February 4th. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. JPMorgan Chase & Co. increased their price objective on ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Finally, Alembic Global Advisors assumed 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. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company’s stock. According to data from MarketBeat.com, ATI has a consensus rating of “Buy” and a consensus price target of $133.00.

ATI Price Performance

The firm has a market capitalization of $19.81 billion, a PE ratio of 51.34, a P/E/G ratio of 1.45 and a beta of 1.02. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. The company has a fifty day moving average price of $121.32 and a two-hundred day moving average price of $97.90.

ATI (NYSE:ATI) last released its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Sell-side analysts forecast that ATI Inc. will post 2.89 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Timothy J. Harris sold 10,542 shares of the firm’s stock in a transaction dated 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 transaction, the vice president owned 98,310 shares of the company’s stock, valued at $9,622,582.80. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 value of $5,896,811.76. Following the sale, the chairman directly owned 132,676 shares of the company’s stock, valued at $14,525,368.48. The trade was a 28.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 67,002 shares of company stock valued at $7,170,952. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On ATI

Large investors have recently modified their holdings of the stock. Lido Advisors LLC increased its stake in ATI by 2.7% in the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after buying an additional 101 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of ATI by 2.4% during the third quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock worth $360,000 after acquiring an additional 102 shares during the period. Smartleaf Asset Management LLC raised its holdings in ATI by 12.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after purchasing an additional 118 shares in the last quarter. Activest Wealth Management lifted its position in ATI by 17.6% in the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after purchasing an additional 125 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in ATI by 2.0% in the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after purchasing an additional 140 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.