ATI (NYSE:ATI) Price Target Raised to $150.00

ATI (NYSE:ATI) had its price objective increased by JPMorgan Chase & Co. from $135.00 to $150.00 in a report released on Wednesday,Benzinga reports. They currently have an overweight rating on the basic materials company’s stock.

Other research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $150.00 price target on shares of ATI in a research report on Wednesday. KeyCorp raised their price objective on shares of ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. BTIG Research upped their target price on shares of ATI from $120.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday. Susquehanna set a $155.00 price target on shares of ATI in a report on Wednesday. Finally, Alembic Global Advisors started coverage on shares of ATI in a report on Thursday, January 15th. They set an “overweight” rating and a $141.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, ATI has an average rating of “Moderate Buy” and an average price target of $133.00.

ATI Stock Performance

Shares of ATI opened at $133.75 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.66 and a quick ratio of 1.18. ATI has a one year low of $39.23 and a one year high of $137.00. The company’s fifty day moving average price is $116.49 and its 200 day moving average price is $95.83. The company has a market capitalization of $18.17 billion, a PE ratio of 47.10, a price-to-earnings-growth ratio of 1.18 and a beta of 1.02.

ATI (NYSE:ATI) last issued its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm’s revenue was up .4% compared to the same quarter last year. During the same period last year, the business posted $0.79 earnings per share. 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, analysts expect that ATI will post 2.89 earnings per share for the current year.

Insider Buying and Selling at ATI

In related news, SVP Tina Killough Busch sold 2,598 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $93.26, for a total value of $242,289.48. Following the sale, the senior vice president owned 21,274 shares of the company’s stock, valued at $1,984,013.24. The trade was a 10.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Timothy J. Harris sold 10,542 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $97.88, for a total transaction of $1,031,850.96. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 148,087 shares of company stock valued at $15,131,989 in the last 90 days. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ATI

Hedge funds have recently modified their holdings of the stock. Capital International Investors grew its position in ATI by 2.6% in the third quarter. Capital International Investors now owns 17,147,559 shares of the basic materials company’s stock valued at $1,394,349,000 after acquiring an additional 436,131 shares during the period. Capital World Investors boosted its stake in shares of ATI by 15.8% in the 3rd quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock valued at $642,633,000 after purchasing an additional 1,080,201 shares in the last quarter. State Street Corp grew its holdings in shares of ATI by 7.4% in the 3rd quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock worth $491,476,000 after purchasing an additional 415,479 shares during the last quarter. Geode Capital Management LLC increased its position in shares of ATI by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,435,916 shares of the basic materials company’s stock worth $210,353,000 after purchasing an additional 57,883 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in ATI by 7.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,142,000 shares of the basic materials company’s stock valued at $174,210,000 after purchasing an additional 142,696 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.