Villere ST Denis J & Co. LLC Buys 211,203 Shares of Atlas Energy Solutions Inc. $AESI

Villere ST Denis J & Co. LLC boosted its stake in Atlas Energy Solutions Inc. (NYSE:AESI) by 10.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,219,928 shares of the company’s stock after buying an additional 211,203 shares during the quarter. Atlas Energy Solutions makes up about 2.4% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 19th largest position. Villere ST Denis J & Co. LLC’s holdings in Atlas Energy Solutions were worth $25,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of AESI. Boston Partners acquired a new position in shares of Atlas Energy Solutions in the 2nd quarter worth approximately $627,000. Kennedy Capital Management LLC grew its holdings in Atlas Energy Solutions by 35.4% during the 2nd quarter. Kennedy Capital Management LLC now owns 943,501 shares of the company’s stock worth $12,615,000 after acquiring an additional 246,843 shares during the last quarter. Advisors Asset Management Inc. acquired a new stake in Atlas Energy Solutions in the 2nd quarter valued at about $1,172,000. Blair William & Co. IL raised its stake in shares of Atlas Energy Solutions by 206.2% in the second quarter. Blair William & Co. IL now owns 76,246 shares of the company’s stock worth $1,019,000 after acquiring an additional 51,346 shares during the last quarter. Finally, B & T Capital Management DBA Alpha Capital Management lifted its position in shares of Atlas Energy Solutions by 8.3% during the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 419,550 shares of the company’s stock worth $5,609,000 after purchasing an additional 32,016 shares in the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AESI. Weiss Ratings reiterated a “sell (d+)” rating on shares of Atlas Energy Solutions in a research report on Monday, December 29th. Zacks Research raised shares of Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Barclays reaffirmed an “underweight” rating and set a $7.00 price objective (down from $11.00) on shares of Atlas Energy Solutions in a research note on Friday, November 14th. Piper Sandler dropped their price objective on Atlas Energy Solutions from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Monday, November 17th. Finally, The Goldman Sachs Group cut Atlas Energy Solutions from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $12.00 to $8.00 in a report on Thursday, November 20th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Atlas Energy Solutions currently has a consensus rating of “Hold” and a consensus price target of $12.80.

Insider Buying and Selling

In other Atlas Energy Solutions news, major shareholder Chris Scholla sold 52,150 shares of Atlas Energy Solutions stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $8.82, for a total value of $459,963.00. Following the transaction, the insider owned 550,907 shares of the company’s stock, valued at approximately $4,858,999.74. The trade was a 8.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 15.98% of the company’s stock.

Atlas Energy Solutions Trading Up 0.7%

NYSE AESI opened at $11.76 on Tuesday. Atlas Energy Solutions Inc. has a one year low of $7.64 and a one year high of $23.03. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.35 and a quick ratio of 1.09. The firm has a market cap of $1.46 billion, a P/E ratio of -130.61 and a beta of 1.24. The stock’s 50-day moving average is $10.14 and its 200-day moving average is $10.88.

Atlas Energy Solutions Profile

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.