Dimensional Fund Advisors LP lifted its stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI - Free Report) by 12.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,502,480 shares of the company's stock after purchasing an additional 167,758 shares during the period. Dimensional Fund Advisors LP owned about 1.21% of Atlas Energy Solutions worth $19,713,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of AESI. EverSource Wealth Advisors LLC acquired a new position in shares of Atlas Energy Solutions in the 2nd quarter valued at about $25,000. Quarry LP acquired a new stake in Atlas Energy Solutions during the third quarter worth about $26,000. Caitong International Asset Management Co. Ltd raised its stake in Atlas Energy Solutions by 91,500.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,748 shares of the company's stock worth $26,000 after acquiring an additional 2,745 shares during the period. Islay Capital Management LLC bought a new position in Atlas Energy Solutions in the fourth quarter worth about $28,000. Finally, BNP Paribas Financial Markets lifted its holdings in Atlas Energy Solutions by 43.4% in the second quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company's stock worth $105,000 after acquiring an additional 2,369 shares during the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.
Atlas Energy Solutions Trading Up 3.7%
Shares of AESI opened at $11.07 on Friday. The business's 50-day moving average price is $14.76 and its 200 day moving average price is $14.08. The stock has a market capitalization of $1.38 billion, a P/E ratio of -11.65 and a beta of 1.13. Atlas Energy Solutions Inc. has a 1-year low of $7.64 and a 1-year high of $20.13. The company has a current ratio of 1.82, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82.
Wall Street Analysts Forecast Growth
AESI has been the topic of a number of research reports. Citigroup dropped their price target on Atlas Energy Solutions from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Wednesday, July 15th. Royal Bank Of Canada reduced their price objective on Atlas Energy Solutions from $21.00 to $17.00 and set a "sector perform" rating for the company in a research report on Wednesday. Piper Sandler upped their price objective on 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 dropped their target price on Atlas Energy Solutions from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group raised their target price on Atlas Energy Solutions from $9.00 to $14.00 and gave the company a "sell" rating in a research note on Wednesday, June 3rd. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $18.88.
Check Out Our Latest Stock Report on Atlas Energy Solutions
About Atlas Energy Solutions
(
Free Report)
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.
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