Vanguard Group Inc. Purchases 248,754 Shares of Atlas Energy Solutions Inc. $AESI

Vanguard Group Inc. raised its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 3.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,793,029 shares of the company’s stock after purchasing an additional 248,754 shares during the quarter. Vanguard Group Inc. owned 6.30% of Atlas Energy Solutions worth $88,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AESI. Thrivent Financial for Lutherans boosted its holdings in shares of Atlas Energy Solutions by 1.7% in the second quarter. Thrivent Financial for Lutherans now owns 53,631 shares of the company’s stock worth $717,000 after buying an additional 874 shares during the last quarter. Police & Firemen s Retirement System of New Jersey boosted its stake in shares of Atlas Energy Solutions by 7.1% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 16,090 shares of the company’s stock worth $215,000 after acquiring an additional 1,061 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of Atlas Energy Solutions by 3.5% during the 3rd quarter. Louisiana State Employees Retirement System now owns 35,300 shares of the company’s stock worth $401,000 after acquiring an additional 1,200 shares during the last quarter. Belpointe Asset Management LLC grew its position in shares of Atlas Energy Solutions by 3.5% during the 3rd quarter. Belpointe Asset Management LLC now owns 36,262 shares of the company’s stock valued at $412,000 after acquiring an additional 1,232 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Atlas Energy Solutions by 8.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,726 shares of the company’s stock worth $250,000 after purchasing an additional 1,538 shares in the last quarter. Hedge funds and other institutional investors own 34.59% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Stephens set a $16.00 target price on Atlas Energy Solutions in a research report on Tuesday, January 27th. Weiss Ratings cut Atlas Energy Solutions from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, February 27th. Citigroup reduced their target price on shares of Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating for the company in a report on Tuesday, December 23rd. Royal Bank Of Canada set a $12.00 target price on shares of Atlas Energy Solutions in a research note on Thursday, January 15th. Finally, Piper Sandler dropped their price target on shares of Atlas Energy Solutions from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Monday, November 17th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $11.20.

Atlas Energy Solutions Stock Up 12.6%

NYSE AESI opened at $11.31 on Friday. Atlas Energy Solutions Inc. has a 12 month low of $7.64 and a 12 month high of $19.00. The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 0.47. The stock has a market cap of $1.40 billion, a PE ratio of -28.27 and a beta of 1.31. The stock’s 50 day moving average is $10.91 and its 200 day moving average is $10.65.

Insider Activity at Atlas Energy Solutions

In related news, insider Gregory M. Shepard sold 130,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total transaction of $1,557,400.00. Following the completion of the transaction, the insider owned 7,421,210 shares in the company, valued at approximately $88,906,095.80. This represents a 1.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 15.98% of the company’s stock.

About Atlas Energy Solutions

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.