Hsbc Holdings PLC bought a new stake in Antero Resources Corporation (NYSE:AR – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 267,015 shares of the oil and natural gas company’s stock, valued at approximately $9,475,000.
A number of other hedge funds have also recently modified their holdings of AR. BlackRock Inc. acquired a new stake in Antero Resources during the 2nd quarter worth $966,982,000. Bank of New York Mellon Corp acquired a new position in Antero Resources in the second quarter valued at $106,063,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Antero Resources in the second quarter valued at $100,212,000. Assenagon Asset Management S.A. grew its holdings in shares of Antero Resources by 177.4% during the first quarter. Assenagon Asset Management S.A. now owns 3,611,248 shares of the oil and natural gas company’s stock worth $153,261,000 after purchasing an additional 2,309,388 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Antero Resources during the second quarter worth about $78,177,000. 83.04% of the stock is owned by hedge funds and other institutional investors.
Antero Resources Stock Down 0.1%
Shares of Antero Resources stock opened at $38.47 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.40 and a current ratio of 0.40. The company has a market cap of $11.83 billion, a P/E ratio of 11.05 and a beta of 0.34. Antero Resources Corporation has a one year low of $29.10 and a one year high of $45.75. The firm has a fifty day moving average of $35.54 and a two-hundred day moving average of $36.86.
Trending Headlines about Antero Resources
- Positive Sentiment: Zacks Research raised its FY2028 EPS forecast to $4.48 from $4.27 and increased its FY2027 estimate to $3.64 from $3.59. These upgrades suggest improved expectations for Antero’s longer-term earnings power. MarketBeat Antero Resources estimates
- Positive Sentiment: Estimates for Q4 2026 EPS were lifted to $1.05 from $1.04, Q1 2027 EPS to $1.07 from $1.06, Q4 2027 EPS to $1.04 from $1.01, and Q3 2027 EPS to $0.91 from $0.81. MarketBeat Antero Resources estimates
- Neutral Sentiment: A Zacks review says AR has gained 9.1% since its previous earnings release and examines what may come next for the stock. The report does not identify a new company-specific catalyst, leaving commodity prices, production results and the next earnings report as key drivers. Why Is Antero Resources Up Since Last Earnings Report?
- Negative Sentiment: Nearer-term and some intermediate forecasts were reduced: Q3 2026 EPS was cut to $0.90 from $1.01, FY2026 EPS to $3.80 from $3.89, Q1 2028 EPS to $1.07 from $1.13, and Q2 2027 EPS to $0.62 from $0.72. These cuts point to softer expected results in selected periods. MarketBeat Antero Resources estimates
Analyst Ratings Changes
AR has been the topic of a number of research analyst reports. Texas Capital upgraded Antero Resources to a “strong-buy” rating in a research report on Thursday, June 25th. Benchmark raised their price target on Antero Resources from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Wolfe Research reaffirmed an “outperform” rating and set a $48.00 price target on shares of Antero Resources in a research report on Thursday, July 30th. Barclays cut their price target on Antero Resources from $46.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Monday, August 17th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $49.00 price objective on shares of Antero Resources in a research note on Wednesday, August 19th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $48.31.
Check Out Our Latest Analysis on Antero Resources
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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