RR Advisors LLC bought a new stake in shares of Antero Midstream Corporation (NYSE:AM – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,513,610 shares of the pipeline company’s stock, valued at approximately $34,435,000. Antero Midstream makes up about 10.0% of RR Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. RR Advisors LLC owned approximately 0.32% of Antero Midstream as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in Antero Midstream during the second quarter worth $30,000. Larson Financial Group LLC increased its holdings in Antero Midstream by 68.1% in the fourth quarter. Larson Financial Group LLC now owns 1,747 shares of the pipeline company’s stock valued at $31,000 after buying an additional 708 shares in the last quarter. Arax Advisory Partners increased its holdings in Antero Midstream by 83.9% in the fourth quarter. Arax Advisory Partners now owns 1,734 shares of the pipeline company’s stock valued at $31,000 after buying an additional 791 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Antero Midstream by 219,900.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,200 shares of the pipeline company’s stock worth $39,000 after acquiring an additional 2,199 shares during the period. Finally, Root Financial Partners LLC raised its position in shares of Antero Midstream by 36.4% in the first quarter. Root Financial Partners LLC now owns 2,014 shares of the pipeline company’s stock worth $46,000 after acquiring an additional 537 shares during the period. 53.97% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, insider Sheri Pearce sold 16,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $22.01, for a total value of $352,160.00. Following the transaction, the insider owned 83,900 shares in the company, valued at $1,846,639. This trade represents a 16.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Brooks J. Klimley sold 5,000 shares of Antero Midstream stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $21.27, for a total value of $106,350.00. Following the completion of the sale, the director directly owned 68,204 shares in the company, valued at $1,450,699.08. This represents a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Read Our Latest Stock Report on AM
Antero Midstream News Roundup
Here are the key news stories impacting Antero Midstream this week:
- Positive Sentiment: Zacks raised its estimates for multiple periods, including Q3 and Q4 2026, Q1 and Q2 2027, Q4 2027, and Q1 and Q2 2028. The firm also increased its full-year EPS forecasts to $1.17 for 2027 from $1.16 and $1.23 for 2028 from $1.21. Antero Midstream analyst estimates
- Positive Sentiment: The revisions included a higher Q3 2026 estimate of $0.27 EPS, up from $0.26, and a higher Q4 2026 estimate of $0.27, up from $0.26. Estimates for Q1 2027, Q2 2027, Q4 2027, Q1 2028 and Q2 2028 were also raised by $0.01 to $0.02 per share.
- Neutral Sentiment: The current-year consensus EPS estimate remains $1.09. AM recently reported quarterly EPS of $0.27, in line with expectations, while revenue rose 7.1% year over year to $327.2 million.
- Negative Sentiment: Zacks lowered its Q3 2027 EPS forecast to $0.27 from $0.30, indicating that the positive revisions are not uniform across the forecast period.
Antero Midstream Stock Up 0.1%
Shares of NYSE AM opened at $22.17 on Monday. The firm has a market cap of $10.52 billion, a price-to-earnings ratio of 26.39 and a beta of 0.65. The company’s 50-day simple moving average is $22.22 and its 200-day simple moving average is $21.95. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.83. Antero Midstream Corporation has a 52-week low of $16.96 and a 52-week high of $23.83.
Antero Midstream (NYSE:AM – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $327.24 million during the quarter, compared to the consensus estimate of $326.43 million. Antero Midstream had a net margin of 32.41% and a return on equity of 20.19%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 EPS. Equities analysts predict that Antero Midstream Corporation will post 1.09 EPS for the current fiscal year.
Antero Midstream Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 12th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.1%. Antero Midstream’s dividend payout ratio is presently 107.14%.
About Antero Midstream
Antero Midstream Corporation is a publicly traded midstream service provider that was established in 2014 as a spin-off from Antero Resources. Headquartered in Denver, Colorado, the company owns, operates and develops midstream infrastructure to support the gathering, compression, processing, transportation and storage of natural gas, natural gas liquids (NGLs) and crude oil. Antero Midstream plays a critical role in connecting upstream production in the Appalachian Basin to end-market pipelines and processing facilities.
The company’s core operations include a network of gathering pipelines and compression stations that serve the Marcellus and Utica shale formations across West Virginia, Pennsylvania and Ohio.
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