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

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

Several other brokerages have also recently weighed in on ATI. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $194.00 target price on shares of ATI in a research report on Friday, May 1st. KeyCorp raised their target price on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a report on Tuesday. Susquehanna lifted their price target on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, April 10th. Finally, BTIG Research boosted their price target on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $168.88.

ATI Stock Down 0.0%

ATI stock opened at $188.03 on Friday. ATI has a fifty-two week low of $70.42 and a fifty-two week high of $205.31. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. The stock has a market capitalization of $25.66 billion, a price-to-earnings ratio of 62.26, a PEG ratio of 1.61 and a beta of 0.96. The business’s fifty day moving average price is $175.53 and its two-hundred day moving average price is $151.24.

ATI (NYSE:ATI) last announced its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the business posted $0.72 earnings per share. ATI’s quarterly revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, equities analysts anticipate that ATI will post 4.45 earnings per share for the current year.

Insider Activity at ATI

In related news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the completion of the sale, the chief executive officer directly owned 218,014 shares in the company, valued at $39,039,766.98. This represents a 21.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 120,442 shares of company stock worth $21,219,431. 0.98% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Capital International Investors lifted its holdings in shares of ATI by 2.6% in the third quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock worth $1,394,349,000 after acquiring an additional 436,131 shares during the last quarter. Capital World Investors increased its position in ATI by 15.8% during the 3rd quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock worth $642,633,000 after purchasing an additional 1,080,201 shares in the last quarter. State Street Corp increased its position in ATI by 7.4% during the 3rd quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after purchasing an additional 415,479 shares in the last quarter. Capital Research Global Investors lifted its stake in ATI by 12.0% in the 4th quarter. Capital Research Global Investors now owns 3,611,724 shares of the basic materials company’s stock valued at $414,481,000 after purchasing an additional 386,754 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in ATI by 7.4% in the 4th quarter. Invesco Ltd. now owns 3,384,924 shares of the basic materials company’s stock valued at $388,454,000 after purchasing an additional 233,010 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.