NewEdge Advisors LLC cut its holdings in shares of Antero Resources Corporation (NYSE:AR – Free Report) by 71.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 33,300 shares of the oil and natural gas company’s stock after selling 82,316 shares during the period. NewEdge Advisors LLC’s holdings in Antero Resources were worth $1,413,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sunbelt Securities Inc. bought a new stake in shares of Antero Resources in the third quarter worth about $30,000. IFP Advisors Inc lifted its holdings in shares of Antero Resources by 59.2% during the 3rd quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock valued at $31,000 after purchasing an additional 345 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Antero Resources during the 4th quarter valued at about $41,000. Hilton Head Capital Partners LLC bought a new position in shares of Antero Resources during the 4th quarter valued at about $44,000. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Antero Resources in the 4th quarter valued at approximately $45,000. 83.04% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Weiss Ratings raised Antero Resources from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $48.00 price target on shares of Antero Resources in a research note on Thursday, July 30th. Zacks Research cut shares of Antero Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Morgan Stanley lowered their price objective on shares of Antero Resources from $56.00 to $48.00 and set an “overweight” rating for the company in a research report on Monday, June 29th. Finally, The Goldman Sachs Group dropped their price objective on shares of Antero Resources from $46.00 to $41.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $48.31.
More Antero Resources News
Here are the key news stories impacting Antero Resources this week:
- Positive Sentiment: Zacks Research raised several earnings forecasts. Estimates increased for Q3 2026 EPS to $1.01 from $0.89, Q4 2026 EPS to $1.04 from $0.97, FY2026 EPS to $3.89 from $3.71, FY2027 EPS to $3.59 from $3.53, and FY2028 EPS to $4.27 from $4.07. The revisions indicate improved expectations for Antero Resources’ longer-term earnings performance.
- Positive Sentiment: Zacks also lifted its Q1 2027 EPS estimate to $1.06 from $0.97, Q3 2027 EPS to $0.81 from $0.77, and Q1 2028 EPS to $1.13 from $0.83. These upgrades provide additional support for the stock’s recent strength.
- Positive Sentiment: Siebert Williams Shank reaffirmed its Buy rating on AR, reinforcing a positive Wall Street view of the oil and natural gas producer. Siebert Williams Shank & Co Reaffirms Their Buy Rating on Antero Resources
- Positive Sentiment: Benchmark projected strong price appreciation for Antero Resources, adding to the bullish sentiment surrounding the shares. Benchmark Forecasts Strong Price Appreciation for Antero Resources
- Neutral Sentiment: Despite the upgrades, Zacks Research maintained a Hold rating. Its current full-year earnings consensus is $3.94 per share, above the revised FY2026 estimate but below the FY2028 forecast, leaving valuation and commodity-price risks as important considerations.
- Negative Sentiment: Zacks reduced its Q4 2027 EPS estimate to $1.01 from $1.06 and Q2 2028 EPS to $1.05 from $1.08. These cuts temper the otherwise favorable earnings-revision trend.
Antero Resources Stock Up 0.1%
Shares of AR stock opened at $37.42 on Monday. The firm’s fifty day moving average price is $34.85 and its two-hundred day moving average price is $36.65. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.29. Antero Resources Corporation has a 1 year low of $29.10 and a 1 year high of $45.75. The firm has a market capitalization of $11.50 billion, a P/E ratio of 10.75 and a beta of 0.34.
Antero Resources Profile
Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.
Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.
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