Ategrity Specialty (NYSE:ASIC) Reaches New 12-Month High – Time to Buy?

Posted by Stanley Muller on Jul 30th, 2026

Shares of Ategrity Specialty (NYSE:ASIC – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $25.91 and last traded at $25.8030, with a volume of 8473 shares trading hands. The stock had previously closed at $25.02.

Analysts Set New Price Targets

ASIC has been the subject of a number of analyst reports. Wall Street Zen upgraded Ategrity Specialty from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Barclays upped their target price on Ategrity Specialty from $26.00 to $28.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Zacks Research lowered shares of Ategrity Specialty from a “strong-buy” rating to a “hold” rating in a report on Friday, June 19th. JPMorgan Chase & Co. boosted their price target on shares of Ategrity Specialty from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Finally, Wells Fargo & Company upped their price objective on shares of Ategrity Specialty from $26.00 to $30.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $28.50.

Read Our Latest Analysis on Ategrity Specialty

Ategrity Specialty Stock Down 3.6%

The stock has a fifty day moving average price of $22.30. The firm has a market cap of $1.19 billion and a PE ratio of 13.27.

Ategrity Specialty (NYSE:ASIC – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.05. Ategrity Specialty had a return on equity of 15.29% and a net margin of 19.75%.The company had revenue of $129.89 million for the quarter, compared to the consensus estimate of $141.33 million. As a group, sell-side analysts expect that Ategrity Specialty will post 2.16 earnings per share for the current year.

Hedge Funds Weigh In On Ategrity Specialty

Several institutional investors have recently added to or reduced their stakes in the business. Strs Ohio grew its position in shares of Ategrity Specialty by 54.5% during the 4th quarter. Strs Ohio now owns 1,700 shares of the company’s stock worth $36,000 after buying an additional 600 shares during the period. New York State Common Retirement Fund acquired a new position in shares of Ategrity Specialty during the 4th quarter valued at $27,000. Bank of New York Mellon Corp boosted its stake in Ategrity Specialty by 12.9% during the first quarter. Bank of New York Mellon Corp now owns 15,780 shares of the company’s stock worth $312,000 after acquiring an additional 1,809 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new position in Ategrity Specialty during the fourth quarter worth $41,000. Finally, State of Wyoming grew its holdings in Ategrity Specialty by 1,663.6% in the fourth quarter. State of Wyoming now owns 2,469 shares of the company’s stock worth $52,000 after purchasing an additional 2,329 shares during the period.

About Ategrity Specialty

(Get Free Report)

We are a profitable and growing specialty insurance company dedicated to providing excess and surplus (“E&S”) products to small to medium-sized businesses (“SMBs”) across the United States. We have built a proprietary underwriting platform that combines sophisticated data analytics with automated and streamlined processes to efficiently serve our clients and deliver long-term value to our stockholders. The SMB market is characterized by large volumes of small-sized policies, and we believe our competitive edge lies in our ability to offer consistent, high-speed, and low-touch interactions that our distribution partners value.