ATI Inc. (NYSE:ATI) Given Consensus Rating of “Buy” by Brokerages

Shares of ATI Inc. (NYSE:ATI) have been given an average recommendation of “Buy” by the eleven ratings firms that are presently covering the firm, MarketBeat reports. Ten investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $133.00.

A number of equities analysts have recently issued reports on the company. Susquehanna set a $155.00 price objective on ATI in a research report on Wednesday, February 4th. KeyCorp increased their target price on shares of ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 price target on shares of ATI in a report on Wednesday, February 4th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th.

Insider Buying and Selling

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the completion of the sale, the chairman directly owned 132,676 shares in the company, valued at approximately $14,525,368.48. This trade represents a 28.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On ATI

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in ATI by 8.1% in the first quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company’s stock worth $3,140,000 after purchasing an additional 4,542 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of ATI by 49.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock worth $32,984,000 after buying an additional 209,480 shares in the last quarter. Savant Capital LLC acquired a new stake in shares of ATI during the 2nd quarter worth approximately $315,000. Penserra Capital Management LLC acquired a new stake in shares of ATI during the 2nd quarter worth approximately $1,613,000. Finally, Summit Investment Advisors Inc. increased its stake in shares of ATI by 12,202.6% in the 1st quarter. Summit Investment Advisors Inc. now owns 28,296 shares of the basic materials company’s stock valued at $1,472,000 after acquiring an additional 28,066 shares in the last quarter.

ATI Trading Up 4.4%

Shares of NYSE ATI opened at $156.71 on Tuesday. The firm has a 50 day moving average price of $135.12 and a two-hundred day moving average price of $106.73. The stock has a market cap of $21.46 billion, a P/E ratio of 55.18, a price-to-earnings-growth ratio of 1.49 and a beta of 0.95. ATI has a 52-week low of $39.23 and a 52-week high of $168.14. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66.

ATI (NYSE:ATI) last posted its quarterly earnings data 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. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.ATI’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, equities analysts forecast that ATI will post 2.89 EPS for the current year.

ATI declared that its board has initiated a stock repurchase plan on Thursday, February 19th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the basic materials company to buy up to 2.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

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.