Wall Street Zen Upgrades ATI (NYSE:ATI) to “Buy”

ATI (NYSE:ATI) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other research firms also recently weighed in on ATI. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $150.00 target price on shares of ATI in a research report on Wednesday. KeyCorp increased their price objective on ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. BTIG Research boosted their target price on ATI from $120.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday. Susquehanna set a $155.00 price target on ATI in a research note on Wednesday. Finally, JPMorgan Chase & Co. lifted their price objective on ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, ATI presently has an average rating of “Moderate Buy” and a consensus price target of $133.00.

ATI Trading Up 3.9%

Shares of ATI stock opened at $133.75 on Friday. The firm has a market cap of $18.17 billion, a PE ratio of 47.10, a P/E/G ratio of 1.18 and a beta of 1.02. ATI has a 1 year low of $39.23 and a 1 year high of $137.00. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.18. The stock has a fifty day moving average price of $116.49 and a 200-day moving average price of $95.83.

ATI (NYSE:ATI) last issued its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, topping 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 company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the previous year, the firm 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. Equities research analysts anticipate that ATI will post 2.89 EPS for the current year.

Insider Transactions at ATI

In other ATI news, SVP Tina Killough Busch sold 2,598 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $93.26, for a total value of $242,289.48. Following the completion of the transaction, the senior vice president owned 21,274 shares in the company, valued at $1,984,013.24. This trade represents a 10.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Robert S. Wetherbee sold 60,000 shares of ATI stock in a transaction dated 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 transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 148,087 shares of company stock valued at $15,131,989 over the last three months. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On ATI

Large investors have recently modified their holdings of the company. Asset Management One Co. Ltd. bought a new position in shares of ATI during the 3rd quarter valued at $3,664,000. Envestnet Portfolio Solutions Inc. boosted its position in ATI by 27.4% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 39,682 shares of the basic materials company’s stock valued at $3,228,000 after buying an additional 8,532 shares during the period. Schroder Investment Management Group grew its stake in shares of ATI by 21.3% during the second quarter. Schroder Investment Management Group now owns 532,837 shares of the basic materials company’s stock valued at $46,005,000 after buying an additional 93,620 shares during the last quarter. Segall Bryant & Hamill LLC grew its stake in shares of ATI by 108.9% during the second quarter. Segall Bryant & Hamill LLC now owns 373,083 shares of the basic materials company’s stock valued at $32,212,000 after buying an additional 194,518 shares during the last quarter. Finally, Confluence Wealth Services Inc. purchased a new position in shares of ATI in the third quarter worth about $481,000.

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.