Brokerages Set ATI Inc. (NYSE:ATI) Target Price at $164.38

Shares of ATI Inc. (NYSE:ATI) have been given a consensus rating of “Buy” by the ten ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $164.3750.

A number of research firms have recently weighed in on ATI. Susquehanna increased their price target on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, April 10th. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of ATI in a report on Friday, May 22nd. JPMorgan Chase & Co. lifted their target price on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, BTIG Research lifted their target price on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, May 1st.

ATI Stock Performance

ATI stock opened at $170.29 on Friday. The business’s fifty day moving average is $155.10 and its 200-day moving average is $134.91. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. The company has a market cap of $23.24 billion, a P/E ratio of 56.39, a price-to-earnings-growth ratio of 1.46 and a beta of 0.94. ATI has a twelve month low of $70.42 and a twelve month high of $171.41.

ATI (NYSE:ATI) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business 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. Equities research analysts forecast that ATI will post 4.43 EPS for the current year.

ATI declared that its board has authorized a stock buyback program on Thursday, February 19th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity

In other ATI news, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $159.21, for a total transaction of $6,368,400.00. Following the transaction, the chief executive officer directly owned 277,763 shares in the company, valued at approximately $44,222,647.23. The trade was a 12.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David J. Morehouse sold 6,609 shares of ATI stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $154.25, for a total value of $1,019,438.25. Following the transaction, the director owned 38,168 shares in the company, valued at approximately $5,887,414. This represents a 14.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Signature Equity Partners LLC lifted its holdings in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 123 shares in the last quarter. True Wealth Design LLC increased its holdings in ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 225 shares in the last quarter. Summit Securities Group LLC bought a new position in ATI during the 1st quarter worth about $60,000. Prestige Wealth Management Group LLC bought a new position in ATI during the 3rd quarter worth about $34,000. Finally, Hollencrest Capital Management increased its holdings in ATI by 283.1% during the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 334 shares in 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.