Public Sector Pension Investment Board Grows Holdings in Atlas Energy Solutions Inc. $AESI

Public Sector Pension Investment Board lifted its stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 20.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 299,217 shares of the company’s stock after buying an additional 50,528 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.24% of Atlas Energy Solutions worth $3,402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cooke & Bieler LP boosted its stake in Atlas Energy Solutions by 29.0% during the 3rd quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock valued at $47,226,000 after acquiring an additional 934,114 shares during the last quarter. Villere ST Denis J & Co. LLC lifted its position in shares of Atlas Energy Solutions by 10.5% during the third quarter. Villere ST Denis J & Co. LLC now owns 2,219,928 shares of the company’s stock worth $25,241,000 after purchasing an additional 211,203 shares during the last quarter. Geode Capital Management LLC grew its stake in Atlas Energy Solutions by 5.0% in the second quarter. Geode Capital Management LLC now owns 1,765,797 shares of the company’s stock worth $23,611,000 after purchasing an additional 84,760 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Atlas Energy Solutions by 18.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company’s stock worth $25,138,000 after purchasing an additional 219,834 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its holdings in Atlas Energy Solutions by 4.9% in the third quarter. Evergreen Capital Management LLC now owns 1,382,120 shares of the company’s stock valued at $15,715,000 after buying an additional 64,630 shares during the last quarter. 34.59% of the stock is owned by institutional investors and hedge funds.

Atlas Energy Solutions Trading Down 3.0%

NYSE:AESI opened at $11.70 on Friday. The firm has a market capitalization of $1.45 billion, a P/E ratio of -129.94 and a beta of 1.22. The business has a 50 day simple moving average of $10.80 and a 200 day simple moving average of $10.75. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.35 and a quick ratio of 1.09. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $21.78.

Analysts Set New Price Targets

Several analysts have issued reports on AESI shares. The Goldman Sachs Group cut Atlas Energy Solutions from a “neutral” rating to a “sell” rating and cut their price objective for the company from $12.00 to $8.00 in a research note on Thursday, November 20th. Citigroup dropped their price target on Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating on the stock in a research report on Tuesday, December 23rd. Royal Bank Of Canada set a $12.00 price objective on Atlas Energy Solutions in a research note on Thursday, January 15th. Stephens set a $16.00 target price on shares of Atlas Energy Solutions in a research note on Tuesday, January 27th. Finally, Barclays reissued an “underweight” rating and set a $7.00 target price (down from $11.00) on shares of Atlas Energy Solutions in a report on Friday, November 14th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.80.

Insider Activity

In other news, insider Gregory M. Shepard sold 130,000 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total transaction of $1,557,400.00. Following the completion of the transaction, the insider owned 7,421,210 shares of the company’s stock, valued at approximately $88,906,095.80. The trade was a 1.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 15.98% of the company’s stock.

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.