Vanguard Group Inc. Increases Stake in Atlas Energy Solutions Inc. $AESI

Vanguard Group Inc. lifted its stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,008,272 shares of the company’s stock after acquiring an additional 215,243 shares during the period. Vanguard Group Inc. owned 0.06% of Atlas Energy Solutions worth $75,438,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AESI. Cooke & Bieler LP lifted its holdings in shares of Atlas Energy Solutions by 29.0% during the 3rd quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock worth $47,226,000 after acquiring an additional 934,114 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Atlas Energy Solutions by 431.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 829,348 shares of the company’s stock worth $11,088,000 after acquiring an additional 673,221 shares during the period. Consolidated Portfolio Review Corp purchased a new position in shares of Atlas Energy Solutions during the 4th quarter worth about $5,915,000. Franklin Resources Inc. purchased a new position in shares of Atlas Energy Solutions during the 3rd quarter worth about $6,755,000. Finally, Pine Ridge Advisers LLC lifted its holdings in shares of Atlas Energy Solutions by 83.7% during the 2nd quarter. Pine Ridge Advisers LLC now owns 1,212,980 shares of the company’s stock worth $16,218,000 after acquiring an additional 552,500 shares during the period. 34.59% of the stock is currently owned by hedge funds and other institutional investors.

Atlas Energy Solutions Trading Down 0.2%

AESI opened at $18.91 on Friday. The firm has a market capitalization of $2.35 billion, a P/E ratio of -23.94 and a beta of 1.08. The firm’s 50 day moving average is $14.20 and its 200-day moving average is $11.72. Atlas Energy Solutions Inc. has a 52-week low of $7.64 and a 52-week high of $19.61. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.51.

Analyst Ratings Changes

Several research firms recently commented on AESI. Stephens set a $16.00 price target on shares of Atlas Energy Solutions in a report on Tuesday, January 27th. Royal Bank Of Canada lifted their price target on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Piper Sandler lifted their price target on shares of Atlas Energy Solutions from $10.00 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Stifel Nicolaus set a $28.00 price target on shares of Atlas Energy Solutions in a research report on Friday, May 1st. Finally, Zacks Research raised shares of Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $17.71.

Insider Buying and Selling

In other news, insider Gregory M. Shepard sold 130,000 shares of Atlas Energy Solutions stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total transaction of $1,557,400.00. Following the sale, the insider owned 7,421,210 shares in the company, valued at $88,906,095.80. This trade represents a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Chris Scholla sold 8,912 shares of Atlas Energy Solutions stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.79, for a total transaction of $105,072.48. Following the completion of the sale, the insider owned 567,972 shares of the company’s stock, valued at approximately $6,696,389.88. This trade represents a 1.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 238,912 shares of company stock worth $2,837,472 in the last quarter. Insiders own 16.40% of the company’s stock.

Atlas Energy Solutions Company Profile

Atlas Energy Solutions (NYSE: AESI) is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.

The company’s core business activities encompass four primary segments.