Pinnacle Holdings LLC Takes Position in Antero Midstream Corporation $AM

Pinnacle Holdings LLC acquired a new position in shares of Antero Midstream Corporation (NYSE:AM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 232,302 shares of the pipeline company’s stock, valued at approximately $5,285,000. Antero Midstream comprises about 1.6% of Pinnacle Holdings LLC’s portfolio, making the stock its 6th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AM. Thrivent Financial for Lutherans lifted its position in Antero Midstream by 41.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 733,861 shares of the pipeline company’s stock worth $13,056,000 after buying an additional 216,416 shares during the last quarter. Kesler Norman & Wride LLC bought a new position in Antero Midstream during the fourth quarter valued at approximately $939,000. Cetera Investment Advisers raised its stake in shares of Antero Midstream by 9.9% during the first quarter. Cetera Investment Advisers now owns 867,200 shares of the pipeline company’s stock worth $19,772,000 after acquiring an additional 77,936 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Antero Midstream by 19.0% during the 4th quarter. BNP Paribas Financial Markets now owns 1,592,910 shares of the pipeline company’s stock valued at $28,338,000 after purchasing an additional 254,088 shares during the last quarter. Finally, Louisiana State Employees Retirement System purchased a new position in Antero Midstream in the 1st quarter worth $2,189,000. 53.97% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Antero Midstream

In other Antero Midstream news, insider Sheri Pearce sold 16,000 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $22.01, for a total value of $352,160.00. Following the completion of the transaction, the insider directly owned 83,900 shares in the company, valued at approximately $1,846,639. This represents a 16.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brooks J. Klimley sold 5,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $21.27, for a total transaction of $106,350.00. Following the completion of the sale, the director directly owned 68,204 shares of the company’s stock, valued at approximately $1,450,699.08. This represents a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AM. Weiss Ratings downgraded shares of Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, August 3rd. Wells Fargo & Company lifted their price objective on Antero Midstream from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. Finally, The Goldman Sachs Group set a $24.00 target price on Antero Midstream in a report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Antero Midstream currently has an average rating of “Hold” and a consensus price target of $24.50.

Trending Headlines about Antero Midstream

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 Performance

Antero Midstream stock opened at $22.17 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.83. The firm has a market cap of $10.52 billion, a P/E ratio of 26.39 and a beta of 0.65. Antero Midstream Corporation has a 1-year low of $16.96 and a 1-year high of $23.83. The firm has a 50-day moving average of $22.22 and a 200-day moving average of $21.95.

Antero Midstream (NYSE:AM) last released its quarterly earnings results on Wednesday, July 29th. The pipeline company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Antero Midstream had a return on equity of 20.19% and a net margin of 32.41%.The business had revenue of $327.24 million during the quarter, compared to analyst estimates of $326.43 million. During the same quarter in the prior year, the company posted $0.29 EPS. Antero Midstream’s quarterly revenue was up 7.1% compared to the same quarter last year. Sell-side analysts expect that Antero Midstream Corporation will post 1.09 EPS for the current year.

Antero Midstream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 12th. Investors of record on Wednesday, July 29th were paid a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.90 dividend on an annualized basis and a yield of 4.1%. Antero Midstream’s dividend payout ratio (DPR) is presently 107.14%.

Antero Midstream Profile

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.