Nixon Capital LLC Invests $11.28 Million in Atlas Energy Solutions Inc. $AESI

Nixon Capital LLC bought a new position in Atlas Energy Solutions Inc. (NYSE:AESI) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,197,828 shares of the company’s stock, valued at approximately $11,284,000. Atlas Energy Solutions accounts for about 3.0% of Nixon Capital LLC’s holdings, making the stock its 14th biggest holding. Nixon Capital LLC owned approximately 0.97% of Atlas Energy Solutions as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new stake in shares of Atlas Energy Solutions in the 2nd quarter worth about $25,000. Quarry LP purchased a new stake in shares of Atlas Energy Solutions in the 3rd quarter worth about $26,000. AXQ Capital LP purchased a new stake in shares of Atlas Energy Solutions in the 4th quarter worth about $101,000. CWM LLC grew its position in shares of Atlas Energy Solutions by 555.4% in the 4th quarter. CWM LLC now owns 11,175 shares of the company’s stock worth $105,000 after buying an additional 9,470 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in Atlas Energy Solutions by 43.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company’s stock worth $105,000 after purchasing an additional 2,369 shares in the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AESI shares. Citigroup upped their price target on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. The Goldman Sachs Group upped their price target on shares of Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a research note on Wednesday, June 3rd. Piper Sandler upped their price target on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, May 18th. Stifel Nicolaus set a $28.00 price target on shares of Atlas Energy Solutions in a research note on Friday, May 1st. Finally, Barclays lifted their price target on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $20.00.

Atlas Energy Solutions Price Performance

NYSE AESI opened at $17.01 on Thursday. Atlas Energy Solutions Inc. has a 12 month low of $7.64 and a 12 month high of $20.13. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of -21.54 and a beta of 1.02. The company’s 50 day moving average is $16.18 and its two-hundred day moving average is $12.77. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 0.51.

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.