Wall Street Zen Upgrades ATI (NYSE:ATI) to Buy

ATI (NYSE:ATI) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also recently issued research reports about the company. Susquehanna set a $155.00 price objective on ATI in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 target price on shares of ATI in a report on Wednesday. Alembic Global Advisors initiated coverage on shares of ATI in a report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on shares of ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $133.00.

ATI Stock Up 3.9%

Shares of ATI stock opened at $133.75 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66. ATI has a 52-week low of $39.23 and a 52-week high of $137.00. The company’s 50 day moving average price is $116.49 and its 200-day moving average price is $95.86. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 47.10, a P/E/G ratio of 1.35 and a beta of 1.02.

ATI (NYSE:ATI) last posted its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the business posted $0.79 EPS. The firm’s revenue was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Equities research analysts forecast that ATI will post 2.89 EPS for the current year.

Insider Buying and Selling

In other ATI news, Chairman Robert S. Wetherbee sold 53,862 shares of ATI stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $109.48, for a total value of $5,896,811.76. Following the completion of the sale, the chairman owned 132,676 shares of the company’s stock, valued at approximately $14,525,368.48. The trade was a 28.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Timothy J. Harris sold 10,542 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the sale, the vice president owned 98,310 shares of the company’s stock, valued at approximately $9,622,582.80. This represents a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 148,087 shares of company stock worth $15,131,989. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Lido Advisors LLC grew its stake in shares of ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 101 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of ATI by 2.4% in the third quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock worth $360,000 after buying an additional 102 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of ATI by 12.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after buying an additional 118 shares during the last quarter. Activest Wealth Management grew its position in ATI by 17.6% during the fourth quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after buying an additional 125 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in ATI by 2.0% during the fourth quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after buying an additional 140 shares during 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.