ATI (NYSE:ATI) Price Target Raised to $165.00

ATI (NYSE:ATI) had its target price increased by BTIG Research from $120.00 to $165.00 in a research report report published on Wednesday, MarketBeat.com reports. The brokerage currently has a buy rating on the basic materials company’s stock.

ATI has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft set a $98.00 price target on shares of ATI in a research report on Wednesday, October 8th. Susquehanna reiterated a “positive” rating and issued a $145.00 price target on shares of ATI in a report on Thursday, January 15th. Alembic Global Advisors began coverage on ATI in a research note on Thursday, January 15th. They set an “overweight” rating and a $141.00 price target for the company. KeyCorp increased their target price on ATI from $120.00 to $132.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $133.00.

ATI Stock Up 3.9%

Shares of ATI stock opened at $133.75 on Wednesday. ATI has a 52-week low of $39.23 and a 52-week high of $137.00. The company has a 50 day moving average of $116.49 and a 200 day moving average of $95.83. The company has a market capitalization of $18.17 billion, a P/E ratio of 47.10, a P/E/G ratio of 1.18 and a beta of 1.02. The company has a quick ratio of 1.18, a current ratio of 2.66 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 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. The firm 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%.ATI’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior 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. As a group, research analysts forecast that ATI will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling at ATI

In other ATI news, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $93.26, for a total transaction of $242,289.48. Following the transaction, the senior vice president owned 21,274 shares of the company’s stock, valued at $1,984,013.24. The trade was a 10.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Robert S. Wetherbee sold 53,862 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total value of $5,896,811.76. Following the completion of the sale, the chairman directly owned 132,676 shares of the company’s stock, valued at approximately $14,525,368.48. The trade was a 28.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 148,087 shares of company stock worth $15,131,989 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of ATI

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

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.