ATI (NYSE:ATI) Downgraded to Hold Rating by Wall Street Zen

ATI (NYSE:ATI) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.

A number of other brokerages have also issued reports on ATI. JPMorgan Chase & Co. lifted their target price on ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $150.00 price target on shares of ATI in a research report on Wednesday, February 4th. Alembic Global Advisors assumed coverage on ATI in a report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $133.00.

ATI Price Performance

Shares of NYSE ATI opened at $143.65 on Friday. The stock has a fifty day moving average price of $120.43 and a 200 day moving average price of $97.41. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.27. ATI has a 1-year low of $39.23 and a 1-year high of $144.50. The company has a market cap of $19.52 billion, a PE ratio of 50.58, a P/E/G ratio of 1.45 and a beta of 1.02.

ATI (NYSE:ATI) last issued its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.04. ATI had a return on equity of 24.26% and a net margin of 8.81%.The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the business earned $0.79 earnings per share. The company’s revenue 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. Sell-side analysts forecast that ATI will post 2.89 EPS for the current year.

Insider Activity at ATI

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of the business’s stock in a transaction on 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 transaction, the chairman owned 132,676 shares in the company, valued at approximately $14,525,368.48. The trade was a 28.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Timothy J. Harris sold 10,542 shares of ATI stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the sale, the vice president owned 98,310 shares in the company, valued at approximately $9,622,582.80. This represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 137,544 shares of company stock worth $14,102,044 in the last three months. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of ATI during the 4th quarter valued at $198,787,000. Capital World Investors grew its holdings in ATI by 15.8% during the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after acquiring an additional 1,080,201 shares during the period. Holocene Advisors LP grew its holdings in ATI by 153.7% during the third quarter. Holocene Advisors LP now owns 1,534,114 shares of the basic materials company’s stock worth $124,785,000 after acquiring an additional 929,333 shares during the period. UBS Group AG lifted its holdings in ATI by 143.3% in the 4th quarter. UBS Group AG now owns 1,193,129 shares of the basic materials company’s stock valued at $136,923,000 after acquiring an additional 702,656 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in ATI by 552.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 720,224 shares of the basic materials company’s stock valued at $62,184,000 after acquiring an additional 609,874 shares during the last quarter.

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.