PEAK6 LLC Buys New Shares in Atlas Energy Solutions Inc. $AESI

PEAK6 LLC bought a new position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) during the 4th quarter, HoldingsChannel.com reports. The fund bought 62,780 shares of the company’s stock, valued at approximately $591,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Atlas Energy Solutions by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 8,008,272 shares of the company’s stock valued at $75,438,000 after purchasing an additional 215,243 shares in the last quarter. Cooperman Leon G grew its stake in shares of Atlas Energy Solutions by 4.0% in the 3rd quarter. Cooperman Leon G now owns 5,366,363 shares of the company’s stock valued at $61,016,000 after buying an additional 204,268 shares during the period. Cooke & Bieler LP increased its position in Atlas Energy Solutions by 0.8% in the 4th quarter. Cooke & Bieler LP now owns 4,186,243 shares of the company’s stock valued at $39,434,000 after buying an additional 32,689 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Atlas Energy Solutions by 0.8% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,349,507 shares of the company’s stock valued at $31,552,000 after buying an additional 25,167 shares in the last quarter. Finally, State Street Corp raised its stake in Atlas Energy Solutions by 5.0% during the 4th quarter. State Street Corp now owns 3,242,112 shares of the company’s stock worth $30,541,000 after buying an additional 155,028 shares during the period. 34.59% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AESI. Weiss Ratings upgraded Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 5th. The Goldman Sachs Group boosted their price objective on Atlas Energy Solutions from $9.00 to $14.00 and gave the company a “sell” rating in a report on Wednesday, June 3rd. Stifel Nicolaus set a $28.00 target price on Atlas Energy Solutions in a research report on Friday, May 1st. Barclays upped their target price on Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Finally, Citigroup lifted their price target on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Atlas Energy Solutions presently has a consensus rating of “Hold” and a consensus price target of $20.00.

Atlas Energy Solutions Price Performance

AESI stock opened at $16.21 on Friday. The company has a market capitalization of $2.02 billion, a P/E ratio of -20.52 and a beta of 1.02. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.94 and a current ratio of 1.17. Atlas Energy Solutions Inc. has a 52-week low of $7.64 and a 52-week high of $20.13. The business has a 50-day simple moving average of $16.81 and a two-hundred day simple moving average of $13.13.

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.