ATI (NYSE:ATI) Upgraded by Wall Street Zen to Buy Rating

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

ATI has been the subject of several other reports. KeyCorp raised their target price on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $194.00 price target on shares of ATI in a report on Friday, May 1st. Susquehanna increased their price objective on shares of ATI from $185.00 to $215.00 and gave the company a “positive” rating in a research note on Thursday, July 9th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $176.78.

ATI Trading Down 0.2%

ATI stock opened at $185.77 on Monday. The business has a 50 day moving average price of $181.89 and a two-hundred day moving average price of $156.73. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. ATI has a 12 month low of $70.42 and a 12 month high of $205.31. The stock has a market cap of $25.35 billion, a price-to-earnings ratio of 61.51, a price-to-earnings-growth ratio of 1.48 and a beta of 0.96.

ATI (NYSE:ATI) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.ATI’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.72 EPS. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, equities analysts forecast that ATI will post 4.49 EPS for the current year.

Insider Activity

In other news, CEO Kimberly A. Fields sold 59,749 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $179.07, for a total value of $10,699,253.43. Following the sale, the chief executive officer owned 218,014 shares in the company, valued at approximately $39,039,766.98. The trade was a 21.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 160,442 shares of company stock worth $28,535,831 over the last three months. 0.98% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ATI

Hedge funds have recently made changes to their positions in the company. Meeder Asset Management Inc. lifted its holdings in ATI by 2.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company’s stock worth $401,000 after buying an additional 74 shares in the last quarter. Lido Advisors LLC increased its stake in shares of 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. Signature Equity Partners LLC increased its stake in shares of ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares during the period. Activest Wealth Management raised its position in shares of ATI by 17.6% during the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after acquiring an additional 125 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of ATI by 2.0% during the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock worth $827,000 after acquiring an additional 140 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.