Shares of ATI Inc. (NYSE:ATI – Get Free Report) have been given an average recommendation of “Buy” by the ten research firms that are presently covering the company, MarketBeat Ratings reports. Nine analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $226.1250.
Several analysts recently commented on ATI shares. TD Cowen lifted their target price on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th. JPMorgan Chase & Co. lifted their price target on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. BTIG Research lifted their target price on ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, August 7th. KeyCorp boosted their price objective on shares of ATI from $175.00 to $211.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Finally, Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a research note on Saturday.
Check Out Our Latest Stock Analysis on ATI
ATI Price Performance
ATI (NYSE:ATI – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.20. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the firm posted $0.74 earnings per share. The business’s revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, analysts predict that ATI will post 5.09 EPS for the current year.
Insiders Place Their Bets
In other news, CEO Kimberly A. Fields sold 59,749 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total transaction of $10,699,253.43. Following the completion of the sale, the chief executive officer directly owned 218,014 shares in the company, valued at approximately $39,039,766.98. This represents a 21.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 152,199 shares of company stock valued at $28,232,700. 0.98% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ieq Capital LLC bought a new stake in ATI during the second quarter worth about $13,196,000. Callan Family Office LLC bought a new position in ATI in the 2nd quarter valued at about $774,000. Keating Financial Advisory Services Inc. bought a new position in ATI in the 2nd quarter valued at about $137,000. Allworth Financial LP acquired a new position in shares of ATI in the 2nd quarter valued at approximately $560,000. Finally, Greenspring Advisors LLC bought a new stake in shares of ATI during the 2nd quarter worth approximately $231,000.
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.
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