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

Shares of ATI Inc. (NYSE:ATI) have earned a consensus recommendation of “Buy” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $172.6250.

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. Wall Street Zen cut ATI from a “buy” rating to a “hold” rating in a report on Sunday. KeyCorp raised their price objective on ATI from $175.00 to $211.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $194.00 price objective on shares of ATI in a report on Friday, May 1st. Finally, Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th.

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 59,749 shares of ATI 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 transaction, the chief executive officer owned 218,014 shares of the company’s stock, valued at $39,039,766.98. The trade was a 21.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 160,442 shares of company stock valued at $28,535,831 in the last three months. Company insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On ATI

Several hedge funds have recently added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. raised its position in ATI by 18.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 36,829 shares of the basic materials company’s stock worth $7,259,000 after acquiring an additional 5,617 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of ATI in the second quarter valued at approximately $569,000. Assenagon Asset Management S.A. grew its position in shares of ATI by 12.5% in the second quarter. Assenagon Asset Management S.A. now owns 657,117 shares of the basic materials company’s stock valued at $129,518,000 after purchasing an additional 73,087 shares during the last quarter. 55 North Private Wealth LLC purchased a new position in shares of ATI during the 2nd quarter worth approximately $236,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in shares of ATI during the 2nd quarter worth approximately $238,000.

ATI Stock Performance

Shares of ATI opened at $186.86 on Monday. 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 52-week low of $70.42 and a 52-week high of $205.31. The company has a 50-day simple moving average of $179.06 and a 200-day simple moving average of $154.22. The company has a market capitalization of $25.50 billion, a PE ratio of 61.87, a P/E/G ratio of 1.49 and a beta of 0.96.

ATI (NYSE:ATI) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, topping 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 firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the firm earned $0.72 earnings per share. The firm’s 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. Equities research analysts predict that ATI will post 4.47 earnings per share for the current fiscal year.

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.