ATI (NYSE:ATI) Given New $250.00 Price Target at BTIG Research

ATI (NYSE:ATI) had its price target trimmed by BTIG Research from $270.00 to $250.00 in a research report released on Friday morning,Benzinga reports. The firm currently has a buy rating on the basic materials company’s stock.

ATI has been the subject of a number of other research reports. KeyCorp decreased their price objective on shares of ATI from $258.00 to $228.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Susquehanna upped their target price on shares of ATI from $215.00 to $265.00 and gave the company a “positive” rating in a report on Friday, August 7th. Wells Fargo & Company cut their target price on shares of ATI from $275.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, September 30th. TD Cowen lifted their price target on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Weiss Ratings cut ATI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, ATI presently has an average rating of “Buy” and an average target price of $221.38.

ATI Trading Down 5.5%

NYSE ATI opened at $165.43 on Friday. ATI has a 12 month low of $93.11 and a 12 month high of $243.57. The company has a current ratio of 2.77, a quick ratio of 1.14 and a debt-to-equity ratio of 0.85. The stock has a 50 day moving average of $190.43 and a 200-day moving average of $172.99. The company has a market cap of $22.53 billion, a PE ratio of 41.36, a PEG ratio of 1.04 and a beta of 0.99.

ATI (NYSE:ATI) last issued its earnings results on Thursday, October 29th. The basic materials company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.09. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.32 billion. ATI had a net margin of 11.08% and a return on equity of 32.30%. The firm’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.85 earnings per share. On average, equities research analysts anticipate that ATI will post 5.13 EPS for the current fiscal year.

Insider Buying and Selling at ATI

In other ATI news, VP Timothy J. Harris sold 9,000 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $191.82, for a total value of $1,726,380.00. Following the transaction, the vice president directly owned 88,187 shares in the company, valued at $16,916,030.34. The trade was a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $231.19, for a total transaction of $5,743,915.55. Following the completion of the transaction, the chief executive officer directly owned 100,719 shares in the company, valued at $23,285,225.61. The trade was a 19.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 85,830 shares of company stock valued at $18,046,361 in the last quarter. 0.98% of the stock is currently owned by insiders.

Institutional Trading of ATI

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Provenance Wealth Advisors LLC acquired a new position in shares of ATI in the third quarter valued at about $37,000. Associated Banc Corp bought a new position in ATI during the third quarter worth about $479,000. Signature Equity Partners LLC raised its stake in ATI by 62.3% in the 3rd quarter. Signature Equity Partners LLC now owns 310 shares of the basic materials company’s stock worth $59,000 after purchasing an additional 119 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in ATI by 498.4% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 46,671 shares of the basic materials company’s stock worth $8,838,000 after purchasing an additional 38,872 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new stake in ATI in the 3rd quarter worth about $47,746,000.

ATI News Roundup

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Strong Q3 beat: ATI reported third-quarter sales of $1.42 billion, up 26% year over year, while adjusted EPS of $1.46 exceeded the $1.36-$1.37 consensus. GAAP EPS rose 76% to $1.37, and net income increased 73% to approximately $190 million. ATI Announces Third Quarter 2026 Results
• Positive Sentiment: Higher guidance and expanding margins: Management raised full-year 2026 adjusted EBITDA guidance by $35 million to $1.19 billion-$1.20 billion and lifted adjusted EPS guidance to $5.17-$5.23. Third-quarter adjusted EBITDA grew 46% to $328 million, with the margin expanding 300 basis points to 23%. ATI Q3 Earnings Call Highlights Strong Demand and Higher Outlook
• Positive Sentiment: Demand remains robust: ATI cited strong commercial jet-engine and defense demand, favorable pricing and product mix, and a roughly $4.3 billion backlog. The company also expects fourth-quarter adjusted EBITDA of $345 million-$355 million, indicating continued momentum.
• Neutral Sentiment: Analyst remains bullish but trims target: BTIG Research maintained a “Buy” rating while lowering its price target from $270 to $250. The revised target still implies substantial upside from the referenced trading level. BTIG Research ATI Rating
• Negative Sentiment: Potential selling pressure: Quiver Quantitative data shows ATI insiders made 31 open-market sales and no purchases during the past six months. While insider sales can reflect compensation or portfolio diversification, the pattern may weigh on sentiment after the stock’s strong prior run.

About ATI

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.

Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.

ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.