Algert Global LLC Raises Holdings in Americold Realty Trust Inc. $COLD

Key Points

• Algert Global LLC increased its Americold Realty Trust stake by 1,161.5% in the second quarter, purchasing 409,110 additional shares and ending with 444,333 shares valued at approximately $6.99 million.
• Americold reported quarterly revenue of $662.9 million, above analyst expectations of $613.5 million, while EPS came in at $0.35 and revenue rose 1.9% year over year. The company issued fiscal 2026 EPS guidance of $1.20–$1.30.
• COLD shares opened at $15.33, near analysts’ consensus target of $15.63. Wall Street’s overall rating is Hold, with four Buy, nine Hold, and three Sell ratings.

Algert Global LLC lifted its position in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 1,161.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 444,333 shares of the company's stock after buying an additional 409,110 shares during the quarter. Algert Global LLC owned approximately 0.16% of Americold Realty Trust worth $6,985,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ameriflex Group Inc. purchased a new stake in Americold Realty Trust in the fourth quarter worth about $26,000. Geneos Wealth Management Inc. boosted its stake in shares of Americold Realty Trust by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company's stock valued at $27,000 after purchasing an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Americold Realty Trust by 63.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company's stock valued at $30,000 after buying an additional 948 shares during the period. Farther Finance Advisors LLC increased its holdings in Americold Realty Trust by 51.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company's stock valued at $36,000 after buying an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Americold Realty Trust by 106.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company's stock worth $36,000 after buying an additional 1,432 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Stock Performance

Shares of Americold Realty Trust stock opened at $15.33 on Thursday. The firm has a market capitalization of $4.38 billion, a P/E ratio of -9.64 and a beta of 0.97. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.25. The company has a 50 day moving average price of $15.07 and a 200 day moving average price of $13.75. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $16.88.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company had revenue of $662.89 million during the quarter, compared to analysts' expectations of $613.54 million. During the same period last year, the business earned $0.36 EPS. Americold Realty Trust's revenue for the quarter was up 1.9% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Sell-side analysts expect that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on COLD shares. Wells Fargo & Company increased their target price on Americold Realty Trust from $14.00 to $15.00 and gave the company an "equal weight" rating in a research report on Monday, June 1st. Scotiabank boosted their price target on Americold Realty Trust from $15.00 to $16.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 13th. Royal Bank Of Canada restated a "sector perform" rating and set a $16.00 price objective on shares of Americold Realty Trust in a research note on Monday, August 17th. Citigroup lifted their target price on Americold Realty Trust from $14.00 to $15.00 and gave the company a "neutral" rating in a research note on Thursday, May 14th. Finally, Weiss Ratings downgraded shares of Americold Realty Trust from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Americold Realty Trust presently has a consensus rating of "Hold" and a consensus target price of $15.63.

Americold Realty Trust Profile

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients' cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world's largest publicly traded cold storage providers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source