Barrow Hanley Mewhinney & Strauss LLC increased its position in Atlas Energy Solutions Inc. (NYSE:AESI – Free Report) by 15.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,324,340 shares of the company’s stock after buying an additional 447,557 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 2.69% of Atlas Energy Solutions worth $37,798,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Liontrust Investment Partners LLP boosted 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 worth $14,378,000 after buying an additional 1,055,876 shares in the last quarter. Cooke & Bieler LP grew its holdings in shares of Atlas Energy Solutions by 29.0% in the 3rd quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock worth $47,226,000 after acquiring an additional 934,114 shares during the last quarter. CenterBook Partners LP lifted its holdings in shares of Atlas Energy Solutions by 1,359.1% during the second quarter. CenterBook Partners LP now owns 921,889 shares of the company’s stock valued at $12,326,000 after purchasing an additional 858,708 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Atlas Energy Solutions by 431.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 829,348 shares of the company’s stock worth $11,088,000 after buying an additional 673,221 shares during the period. Finally, Franklin Resources Inc. acquired a new position in shares of Atlas Energy Solutions in the third quarter worth about $6,755,000. 34.59% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, insider Gregory M. Shepard sold 130,000 shares of Atlas Energy Solutions stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $11.98, for a total value of $1,557,400.00. Following the transaction, the insider directly owned 7,421,210 shares in the company, valued at approximately $88,906,095.80. The trade was a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Chris Scholla sold 8,912 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $11.79, for a total value of $105,072.48. Following the completion of the sale, the insider directly owned 567,972 shares in the company, valued at $6,696,389.88. This trade represents a 1.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 238,912 shares of company stock worth $2,837,472 over the last three months. 15.98% of the stock is owned by company insiders.
Atlas Energy Solutions Price Performance
Analysts Set New Price Targets
Several brokerages recently commented on AESI. Citigroup reduced their price target on shares of Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating for the company in a research report on Tuesday, December 23rd. Piper Sandler decreased their target price on 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. Royal Bank Of Canada set a $12.00 price target on Atlas Energy Solutions in a report on Thursday, January 15th. Barclays increased their price objective on Atlas Energy Solutions from $7.00 to $8.00 and gave the stock an “underweight” rating in a research note on Thursday, February 26th. Finally, Stifel Nicolaus set a $13.00 target price on Atlas Energy Solutions in a report on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.20.
Check Out Our Latest Research Report on Atlas Energy Solutions
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.
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