Zacks Research Upgrades Antero Midstream (NYSE:AM) to Strong-Buy

Key Points

• Antero Midstream has been upgraded by Zacks Research to a "strong-buy" rating, increasing investor confidence in the company.
• Analysts project Antero Midstream's earnings per share to rise with estimates of $1.00 for FY2026 and $1.08 for FY2027, indicating growth potential.
• The company's stock is currently trading at around $17.69 with a market cap of $8.46 billion, reflecting positive performance in the midstream energy sector.

Zacks Research upgraded shares of Antero Midstream (NYSE:AM - Free Report) from a hold rating to a strong-buy rating in a research note released on Thursday, August 21st,Zacks.com reports. Zacks Research also issued estimates for Antero Midstream's Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $0.26 EPS, FY2026 earnings at $1.00 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.29 EPS and FY2027 earnings at $1.08 EPS.

Other analysts have also issued research reports about the company. Wall Street Zen upgraded Antero Midstream from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. The Goldman Sachs Group upped their target price on Antero Midstream from $15.50 to $17.50 and gave the stock a "neutral" rating in a report on Monday, August 18th. Wells Fargo & Company upped their target price on Antero Midstream from $17.00 to $19.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Finally, Morgan Stanley upped their target price on Antero Midstream from $17.00 to $19.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Antero Midstream currently has an average rating of "Hold" and a consensus price target of $18.50.

Antero Midstream Stock Up 0.2%

Shares of Antero Midstream stock traded up $0.04 during trading on Thursday, reaching $17.75. The stock had a trading volume of 492,030 shares, compared to its average volume of 3,081,343. The company has a market capitalization of $8.49 billion, a price-to-earnings ratio of 18.68 and a beta of 0.97. The stock has a fifty day moving average price of $17.93 and a two-hundred day moving average price of $17.60. Antero Midstream has a 52 week low of $14.06 and a 52 week high of $19.08. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.45.

Antero Midstream (NYSE:AM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The pipeline company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. The company had revenue of $305.47 million for the quarter, compared to analyst estimates of $292.70 million. Antero Midstream had a return on equity of 21.67% and a net margin of 39.53%.The company's quarterly revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 earnings per share. Sell-side analysts predict that Antero Midstream will post 0.95 EPS for the current fiscal year.

Antero Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 23rd were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Wednesday, July 23rd. Antero Midstream's payout ratio is 94.74%.

Insiders Place Their Bets

In other Antero Midstream news, insider Sheri Pearce sold 39,155 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $17.51, for a total transaction of $685,604.05. Following the transaction, the insider owned 106,489 shares of the company's stock, valued at $1,864,622.39. The trade was a 26.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.86% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Antero Midstream

Institutional investors and hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in shares of Antero Midstream in the first quarter valued at approximately $529,000. Sequoia Financial Advisors LLC grew its position in Antero Midstream by 6.5% during the first quarter. Sequoia Financial Advisors LLC now owns 16,034 shares of the pipeline company's stock worth $289,000 after buying an additional 975 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in Antero Midstream during the first quarter worth approximately $459,000. KBC Group NV grew its position in Antero Midstream by 18.5% during the first quarter. KBC Group NV now owns 17,628 shares of the pipeline company's stock worth $317,000 after buying an additional 2,757 shares in the last quarter. Finally, Diversified Trust Co acquired a new stake in Antero Midstream during the first quarter worth approximately $495,000. Institutional investors and hedge funds own 53.97% of the company's stock.

About Antero Midstream

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.