Legal & General Group Plc Acquires New Shares in Antero Resources Corporation $AR

Legal & General Group Plc purchased a new position in shares of Antero Resources Corporation (NYSE:ARFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 520,425 shares of the oil and natural gas company’s stock, valued at approximately $18,288,000. Legal & General Group Plc owned about 0.17% of Antero Resources as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Antero Resources in the second quarter valued at $966,982,000. Dimensional Fund Advisors LP boosted its position in shares of Antero Resources by 12.7% in the first quarter. Dimensional Fund Advisors LP now owns 10,239,070 shares of the oil and natural gas company’s stock worth $434,597,000 after acquiring an additional 1,153,422 shares during the last quarter. State Street Corp boosted its holdings in shares of Antero Resources by 1.2% in the 3rd quarter. State Street Corp now owns 10,171,885 shares of the oil and natural gas company’s stock valued at $341,368,000 after purchasing an additional 116,461 shares during the last quarter. Sourcerock Group LLC boosted its holdings in Antero Resources by 10.6% in the second quarter. Sourcerock Group LLC now owns 8,156,134 shares of the oil and natural gas company’s stock valued at $328,529,000 after acquiring an additional 783,117 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Antero Resources by 18.0% during the 4th quarter. Invesco Ltd. now owns 4,999,747 shares of the oil and natural gas company’s stock worth $172,291,000 after purchasing an additional 761,842 shares during the period. 83.04% of the stock is currently owned by institutional investors and hedge funds.

More Antero Resources News

Here are the key news stories impacting Antero Resources this week:

  • 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

Wall Street Analyst Weigh In

AR has been the topic of several research reports. Weiss Ratings upgraded shares of Antero Resources from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Barclays cut their target price on shares of Antero Resources from $46.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Monday, August 17th. Mizuho lifted their target price on shares of Antero Resources from $54.00 to $57.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Morgan Stanley reaffirmed an “overweight” rating and set a $49.00 price target on shares of Antero Resources in a research report on Wednesday, August 19th. Finally, Benchmark increased their price target on Antero Resources from $44.00 to $47.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Three equities 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $48.31.

Read Our Latest Analysis on Antero Resources

Antero Resources Stock Up 0.1%

Shares of NYSE:AR opened at $38.47 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.29. Antero Resources Corporation has a 52-week low of $29.10 and a 52-week high of $45.75. The company has a 50 day moving average of $35.54 and a two-hundred day moving average of $36.88. The company has a market capitalization of $11.83 billion, a price-to-earnings ratio of 11.05 and a beta of 0.34.

Antero Resources Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Antero Resources (NYSE:AR)

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