ATI (NYSE:ATI) Reaches New 12-Month High – Here’s What Happened

ATI Inc. (NYSE:ATI)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $145.00 and last traded at $143.8310, with a volume of 75016 shares traded. The stock had previously closed at $143.93.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ATI. JPMorgan Chase & Co. upped their target price on ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of ATI in a research report on Monday, December 29th. BTIG Research upped their price objective on shares of ATI from $120.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Alembic Global Advisors started 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. Finally, Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. Based on data from MarketBeat, ATI has a consensus rating of “Buy” and a consensus target price of $133.00.

ATI Stock Up 1.3%

The business’s 50 day moving average price is $123.15 and its 200-day moving average price is $98.75. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.27 and a current ratio of 2.66. The firm has a market capitalization of $20.20 billion, a PE ratio of 52.34, a P/E/G ratio of 1.48 and a beta of 1.02.

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

Insider Buying and Selling

In related news, SVP Tina Killough Busch sold 2,598 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $93.26, for a total transaction of $242,289.48. Following the completion of the transaction, the senior vice president directly owned 21,274 shares in the company, valued at $1,984,013.24. This trade represents a 10.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Robert S. Wetherbee sold 53,862 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $109.48, for a total transaction of $5,896,811.76. Following the sale, the chairman owned 132,676 shares in the company, valued at $14,525,368.48. This trade represents a 28.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 67,002 shares of company stock valued at $7,170,952. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On ATI

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in shares of ATI by 8.1% during the first quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company’s stock worth $3,140,000 after buying an additional 4,542 shares during the period. Goldman Sachs Group Inc. grew its holdings in ATI by 49.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock worth $32,984,000 after acquiring an additional 209,480 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in ATI by 3.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,322 shares of the basic materials company’s stock worth $373,000 after acquiring an additional 144 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of ATI by 13.1% in the 2nd quarter. Allianz Asset Management GmbH now owns 109,664 shares of the basic materials company’s stock valued at $9,468,000 after purchasing an additional 12,733 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of ATI in the 2nd quarter valued at approximately $836,000.

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.