Renaissance Technologies LLC Decreases Stock Holdings in Ramaco Resources, Inc. $METC

Renaissance Technologies LLC reduced its holdings in shares of Ramaco Resources, Inc. (NASDAQ:METC) by 78.8% during the first quarter, HoldingsChannel.com reports. The fund owned 323,564 shares of the energy company’s stock after selling 1,202,600 shares during the quarter. Renaissance Technologies LLC’s holdings in Ramaco Resources were worth $5,002,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bridgeway Capital Management LLC grew its stake in Ramaco Resources by 0.4% in the 3rd quarter. Bridgeway Capital Management LLC now owns 122,998 shares of the energy company’s stock valued at $4,082,000 after purchasing an additional 536 shares during the period. Allworth Financial LP increased its position in shares of Ramaco Resources by 3,603.6% during the 3rd quarter. Allworth Financial LP now owns 1,037 shares of the energy company’s stock valued at $34,000 after purchasing an additional 1,009 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Ramaco Resources during the 3rd quarter worth $38,000. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Ramaco Resources by 16.0% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 9,549 shares of the energy company’s stock worth $172,000 after purchasing an additional 1,317 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Ramaco Resources by 51.4% in the 4th quarter. Russell Investments Group Ltd. now owns 3,917 shares of the energy company’s stock worth $71,000 after buying an additional 1,330 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

Key Stories Impacting Ramaco Resources

Here are the key news stories impacting Ramaco Resources this week:

• Positive Sentiment: Benchmark maintained a bullish stance: The firm lowered its price target from $38 to $26 but retained a “buy” rating, implying substantial potential upside from recent levels. The target reduction appears to reflect more conservative valuation assumptions rather than a change to its positive recommendation. Benzinga
• Positive Sentiment: Quarterly EPS met expectations: Ramaco reported a second-quarter loss of $0.26 per share, matching the consensus estimate. This may provide some support for the stock despite weaker revenue and continued losses. Ramaco Resources Reports Second Quarter 2026 Results
• Neutral Sentiment: Goldman Sachs lowered its target but stayed neutral: Goldman reduced its price target from $13 to $11 while maintaining a “neutral” rating. The revised target remains above recent trading levels, but the cut signals limited conviction in near-term upside. The Fly analyst report
• Negative Sentiment: Revenue missed expectations: Second-quarter revenue was $122.3 million versus the $133.1 million consensus estimate. Ramaco also reported a negative net margin and negative return on equity, highlighting ongoing profitability pressure. Q2 2026 Earnings Call Transcript
• Negative Sentiment: Earnings estimates were reduced: Northland Securities cut its FY2027 EPS forecast to $0.12 from $0.13. The revision adds to concerns about slower earnings recovery and contrasts with the current consensus estimate of a full-year loss.
• Negative Sentiment: Legal overhang emerged: Lowey Dannenberg said it was appointed co-lead counsel in a class-action lawsuit alleging federal securities-law violations by Ramaco. The investigation creates potential litigation, reputational and financial risks for METC investors. Lowey Dannenberg investigation announcement

Ramaco Resources Stock Up 3.8%

METC opened at $9.59 on Friday. Ramaco Resources, Inc. has a 12 month low of $8.56 and a 12 month high of $57.80. The company has a market cap of $625.08 million, a PE ratio of -8.96 and a beta of 1.37. The company has a current ratio of 4.88, a quick ratio of 3.93 and a debt-to-equity ratio of 1.06. The company has a 50 day moving average of $12.81 and a 200 day moving average of $14.90.

Ramaco Resources (NASDAQ:METC) last posted its earnings results on Wednesday, August 5th. The energy company reported ($0.26) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.26). Ramaco Resources had a negative return on equity of 12.80% and a negative net margin of 11.98%.The firm had revenue of $122.32 million for the quarter, compared to the consensus estimate of $133.11 million. On average, sell-side analysts expect that Ramaco Resources, Inc. will post -0.68 EPS for the current year.

Analyst Upgrades and Downgrades

METC has been the subject of several research reports. The Goldman Sachs Group reduced their price target on shares of Ramaco Resources from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Thursday. B. Riley Financial lowered their price objective on shares of Ramaco Resources from $24.00 to $22.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Robert W. Baird set a $13.00 target price on shares of Ramaco Resources in a research note on Thursday. Benchmark reduced their target price on shares of Ramaco Resources from $38.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Morgan Stanley decreased their price target on shares of Ramaco Resources from $17.00 to $13.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Ramaco Resources currently has an average rating of “Hold” and a consensus target price of $22.71.

Ramaco Resources Profile

Ramaco Resources, Inc (NASDAQ:METC) is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers.

The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.