Antero Midstream (NYSE:AM) Downgraded by Zacks Research to Strong Sell

Antero Midstream (NYSE:AM) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday, Zacks reports. Zacks Research also issued estimates for Antero Midstream’s Q3 2026 earnings at $0.27 EPS, FY2026 earnings at $1.03 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.28 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $1.16 EPS, Q1 2028 earnings at $0.29 EPS, Q2 2028 earnings at $0.32 EPS, Q3 2028 earnings at $0.31 EPS and FY2028 earnings at $1.24 EPS.

A number of other research firms have also recently issued reports on AM. UBS Group cut their price objective on shares of Antero Midstream from $24.00 to $22.00 and set a “neutral” rating on the stock in a research report on Monday, September 21st. Weiss Ratings lowered Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. Capital One Financial raised Antero Midstream from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research report on Tuesday, September 22nd. Wells Fargo & Company upped their price target on Antero Midstream from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Finally, The Goldman Sachs Group set a $24.00 price target on Antero Midstream in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $24.20.

Antero Midstream Trading Up 0.4%

NYSE:AM opened at $20.57 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 stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 24.49 and a beta of 0.72. The firm has a fifty day simple moving average of $21.58 and a two-hundred day simple moving average of $21.78. Antero Midstream has a 12 month low of $16.96 and a 12 month high of $23.83.

Antero Midstream (NYSE:AM) last posted its quarterly earnings results on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Antero Midstream had a net margin of 32.41% and a return on equity of 20.19%. The firm had revenue of $327.24 million during the quarter, compared to the consensus estimate of $326.43 million. During the same period in the previous year, the firm posted $0.29 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. Analysts expect that Antero Midstream will post 1.09 EPS for the current fiscal year.

Insider Buying and Selling at Antero Midstream

In related news, Director Brooks Klimley sold 5,000 shares of Antero Midstream stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $21.27, for a total value of $106,350.00. Following the completion of the sale, the director owned 68,204 shares of the company’s stock, valued at approximately $1,450,699.08. This trade represents a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Sheri Pearce sold 16,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $22.01, for a total transaction of $352,160.00. Following the sale, the insider owned 83,900 shares of the company’s stock, valued at $1,846,639. This trade represents a 16.02% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Antero Midstream during the second quarter valued at about $869,045,000. Bank of New York Mellon Corp increased its position in shares of Antero Midstream by 11.2% during the first quarter. Bank of New York Mellon Corp now owns 9,129,288 shares of the pipeline company’s stock worth $208,148,000 after acquiring an additional 920,948 shares in the last quarter. Kayne Anderson Capital Advisors LP bought a new stake in shares of Antero Midstream during the second quarter worth about $49,883,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Antero Midstream during the second quarter worth about $46,007,000. Finally, RR Advisors LLC acquired a new stake in shares of Antero Midstream in the 2nd quarter worth about $34,435,000. 53.97% of the stock is owned by institutional investors.

Antero Midstream Company Profile

Antero Midstream Corporation (NYSE: AM) owns, operates and develops midstream energy infrastructure that supports natural gas, natural gas liquids and oil production. The company’s services include gathering and compression, water handling and other infrastructure activities that help producers transport hydrocarbons from well sites to processing and takeaway facilities.

Antero Midstream primarily serves Antero Resources’ operations in the Appalachian Basin, particularly in West Virginia and Ohio.