JPMorgan Chase & Co. Reduces Position in Atlas Energy Solutions Inc. $AESI

Key Points

• JPMorgan cut its stake in Atlas Energy Solutions by 56.9% in Q3, selling 93,258 shares and leaving 70,762 shares valued at $805,000 (≈0.06% of the company).
• Other institutions aggressively added positions — Liontrust (+5,408.1%), Cooke & Bieler (+29%), Ameriprise (+431%) and Franklin Resources opened a ~$6.8M stake — with hedge funds and institutional investors owning about 34.6% of AESI.
• Insiders sold 238,912 shares over the past 90 days (≈$2.84M) while insiders still hold 16.40%; analysts’ consensus rating is "Reduce" with a $11.91 average price target.

JPMorgan Chase & Co. cut its holdings in shares of Atlas Energy Solutions Inc. (NYSE:AESI - Free Report) by 56.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,762 shares of the company's stock after selling 93,258 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.06% of Atlas Energy Solutions worth $805,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AESI. Liontrust Investment Partners LLP lifted its holdings in Atlas Energy Solutions by 5,408.1% during the second quarter. Liontrust Investment Partners LLP now owns 1,075,400 shares of the company's stock valued at $14,378,000 after purchasing an additional 1,055,876 shares during the last quarter. Cooke & Bieler LP lifted its holdings in Atlas Energy Solutions by 29.0% during the third quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company's stock valued at $47,226,000 after purchasing an additional 934,114 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Atlas Energy Solutions by 431.2% during the second quarter. Ameriprise Financial Inc. now owns 829,348 shares of the company's stock valued at $11,088,000 after purchasing an additional 673,221 shares during the last quarter. Franklin Resources Inc. purchased a new stake in Atlas Energy Solutions during the third quarter valued at about $6,755,000. Finally, Pine Ridge Advisers LLC lifted its holdings in Atlas Energy Solutions by 83.7% during the second quarter. Pine Ridge Advisers LLC now owns 1,212,980 shares of the company's stock valued at $16,218,000 after purchasing an additional 552,500 shares during the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $13.00 price target on Atlas Energy Solutions in a research report on Tuesday, February 24th. Citigroup decreased their price target on Atlas Energy Solutions from $11.00 to $10.40 and set a "neutral" rating on the stock in a research report on Tuesday, December 23rd. The Goldman Sachs Group upped their price target on Atlas Energy Solutions from $8.00 to $9.00 and gave the company a "sell" rating in a research report on Wednesday, March 4th. Royal Bank Of Canada upped their price target on Atlas Energy Solutions from $12.00 to $13.00 and gave the company a "sector perform" rating in a research report on Thursday, April 2nd. Finally, Stephens set a $16.00 price target on Atlas Energy Solutions in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Reduce" and a consensus price target of $11.91.

Insider Activity at Atlas Energy Solutions

In other news, insider Gregory M. Shepard sold 130,000 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total value of $1,557,400.00. Following the transaction, the insider owned 7,421,210 shares of the company's stock, valued at $88,906,095.80. This represents a 1.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Chris Scholla sold 8,912 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.79, for a total transaction of $105,072.48. Following the completion of the transaction, the insider directly owned 567,972 shares in the company, valued at $6,696,389.88. The trade was a 1.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 238,912 shares of company stock worth $2,837,472. 16.40% of the stock is owned by company insiders.

Atlas Energy Solutions Trading Down 1.2%

Shares of AESI opened at $11.38 on Friday. The business's 50-day moving average price is $11.98 and its 200-day moving average price is $10.92. Atlas Energy Solutions Inc. has a twelve month low of $7.64 and a twelve month high of $14.93. The stock has a market cap of $1.41 billion, a PE ratio of -28.44 and a beta of 0.62. The company has a quick ratio of 1.16, a current ratio of 1.46 and a debt-to-equity ratio of 0.47.

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.

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