ATI Inc. (NYSE:ATI – Get Free Report) has earned a consensus recommendation of “Buy” from the eleven research firms that are covering the company, Marketbeat reports. Nine research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $176.7778.
Several brokerages have recently commented on ATI. Susquehanna increased their target price on shares of ATI from $185.00 to $215.00 and gave the company a “positive” rating in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $194.00 price target on shares of ATI in a report on Friday, May 1st. KeyCorp upped their price objective on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research report on Monday.
Check Out Our Latest Research Report on ATI
ATI Stock Down 0.2%
ATI (NYSE:ATI – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The business had revenue of $1.15 billion during 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 quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. On average, sell-side analysts forecast that ATI will post 4.49 earnings per share for the current fiscal year.
Insider Activity at ATI
In related news, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total transaction of $7,316,400.00. Following the sale, the chief executive officer directly owned 157,321 shares in the company, valued at approximately $28,775,584.11. This trade represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 160,442 shares of company stock worth $28,535,831 over the last three months. Company insiders own 0.98% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of ATI. Signature Equity Partners LLC raised its stake in shares of ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 123 shares during the period. True Wealth Design LLC grew its position in ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock valued at $30,000 after buying an additional 225 shares during the period. CoreCap Advisors LLC bought a new position in ATI during the second quarter valued at about $30,000. Allworth Financial LP increased its holdings in ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after buying an additional 180 shares during the last quarter. Finally, Torren Management LLC purchased a new stake in ATI during the fourth quarter worth about $52,000.
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.
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