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

ATI Inc. (NYSE:ATI) has been assigned an average rating of “Buy” from the eleven research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $163.3750.

A number of research firms have commented on ATI. KeyCorp lifted their price objective on shares of ATI from $140.00 to $167.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Alembic Global Advisors began coverage on shares of ATI in a research report on Thursday, January 15th. They set an “overweight” rating and a $141.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday. Zacks Research cut shares of ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research report on Saturday.

Insider Buying and Selling

In other ATI news, Director David J. Morehouse sold 6,609 shares of ATI stock in a transaction on Monday, March 9th. The shares were sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the transaction, the director directly owned 38,168 shares of the company’s stock, valued at $5,887,414. The trade was a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.98% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ATI

Hedge funds and other institutional investors have recently modified their holdings of the company. True Wealth Design LLC lifted its holdings in shares of ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after buying an additional 225 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of ATI during the first quarter worth $60,000. Prestige Wealth Management Group LLC acquired a new stake in shares of ATI during the third quarter worth $34,000. Meeder Asset Management Inc. lifted its holdings in shares of ATI by 2,010.0% during the third quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock worth $34,000 after buying an additional 402 shares in the last quarter. Finally, Torren Management LLC acquired a new stake in shares of ATI during the fourth quarter worth $52,000.

Key ATI News

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Analyst price-target raises — JPMorgan moved its target from $150 to $175 and kept an “overweight” rating, signaling confidence in ATI’s outlook and creating upside for the stock. Benzinga
• Positive Sentiment: Another bullish upgrade — BTIG lifted its target from $165 to $180 and reiterated a “buy” rating, reinforcing buy-side momentum from institutional research. Benzinga The Fly
• Positive Sentiment: Q1 results and margin improvement — ATI reported adjusted EPS of $1.00 (beat) and highlighted margin expansion (adjusted EBITDA margin 20.1%, +310 bps YoY), stronger aerospace demand, and raised full?year adjusted earnings/cash?flow guidance. Management also provided an adjusted EBITDA outlook ($1.01B–$1.06B) and backlog of ~$4.1B, which support forward earnings visibility. PR Newswire MSN
• Neutral Sentiment: Call transcripts and market reaction coverage — Investors and analysts are parsing the earnings call and transcripts for color on aerospace demand, pricing, and cost flow; summaries and transcripts are available for deeper read. Seeking Alpha transcript Yahoo – investor reaction
• Negative Sentiment: Revenue slightly missed estimates — Sales of $1.15B came in below the $1.19B consensus, which tempers the beat and could limit upside if investors focus on top-line softness. MarketBeat
• Negative Sentiment: Valuation and expectations risk — ATI’s premium multiple (e.g., elevated P/E) and guidance that’s roughly in line with consensus mean upside depends on continued margin improvements and execution; failure to sustain margins could pressure the stock. Zacks

ATI Price Performance

NYSE:ATI opened at $155.25 on Wednesday. ATI has a 1-year low of $62.41 and a 1-year high of $168.14. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm has a fifty day simple moving average of $153.50 and a 200 day simple moving average of $126.16. The stock has a market capitalization of $21.19 billion, a PE ratio of 51.41, a P/E/G ratio of 1.46 and a beta of 0.94.

ATI (NYSE:ATI) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the firm posted $0.72 EPS. The company’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, research analysts expect that ATI will post 4.4 EPS for the current fiscal year.

ATI declared that its board has approved a share buyback program on Thursday, February 19th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the basic materials company to purchase up to 2.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

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.