232,302 Shares in Antero Midstream Corporation $AM Acquired by Pinnacle Holdings LLC

Pinnacle Holdings LLC acquired a new position in Antero Midstream Corporation (NYSE:AM) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 232,302 shares of the pipeline company’s stock, valued at approximately $5,285,000. Antero Midstream makes up 1.6% of Pinnacle Holdings LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AM. Clearstead Trust LLC purchased a new stake in shares of Antero Midstream during the second quarter worth about $30,000. Larson Financial Group LLC increased its position in Antero Midstream by 68.1% in the fourth quarter. Larson Financial Group LLC now owns 1,747 shares of the pipeline company’s stock worth $31,000 after purchasing an additional 708 shares during the last quarter. Arax Advisory Partners lifted its holdings in shares of Antero Midstream by 83.9% in the 4th quarter. Arax Advisory Partners now owns 1,734 shares of the pipeline company’s stock valued at $31,000 after acquiring an additional 791 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Antero Midstream by 219,900.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,200 shares of the pipeline company’s stock valued at $39,000 after purchasing an additional 2,199 shares during the period. Finally, Root Financial Partners LLC raised its holdings in Antero Midstream by 36.4% during the 1st quarter. Root Financial Partners LLC now owns 2,014 shares of the pipeline company’s stock valued at $46,000 after buying an additional 537 shares during the period. 53.97% of the stock is owned by hedge funds and other institutional investors.

Antero Midstream Stock Up 0.1%

Shares of AM 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 stock has a market cap of $10.52 billion, a P/E ratio of 26.39 and a beta of 0.65. The stock has a 50 day moving average of $22.22 and a 200 day moving average of $21.95. Antero Midstream Corporation has a twelve month low of $16.96 and a twelve month high of $23.83.

Antero Midstream (NYSE:AM) last released its quarterly earnings results on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The company had revenue of $327.24 million during the quarter, compared to analysts’ expectations of $326.43 million. Antero Midstream had a return on equity of 20.19% and a net margin of 32.41%.Antero Midstream’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 EPS. As a group, 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 announced a quarterly dividend, which was paid on Wednesday, August 12th. Shareholders of record on Wednesday, July 29th were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.90 annualized dividend and a yield of 4.1%. Antero Midstream’s dividend payout ratio (DPR) is 107.14%.

Insider Buying and Selling

In other news, insider Sheri Pearce sold 16,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was 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 approximately $1,846,639. This trade represents a 16.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brooks J. Klimley sold 5,000 shares of Antero Midstream stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $21.27, for a total value of $106,350.00. Following the sale, the director owned 68,204 shares in the company, valued at $1,450,699.08. This trade represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

Key Antero Midstream News

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 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.