RR Advisors LLC acquired a new stake in Antero Midstream Corporation (NYSE:AM – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,513,610 shares of the pipeline company’s stock, valued at approximately $34,435,000. Antero Midstream comprises about 10.0% of RR Advisors LLC’s portfolio, making the stock its 2nd largest position.
A number of other institutional investors have also bought and sold shares of the business. Clearstead Trust LLC acquired a new position in shares of Antero Midstream during the 2nd quarter worth approximately $30,000. Larson Financial Group LLC increased its holdings in shares of Antero Midstream by 68.1% in the fourth quarter. Larson Financial Group LLC now owns 1,747 shares of the pipeline company’s stock valued at $31,000 after purchasing an additional 708 shares during the last quarter. Arax Advisory Partners lifted its position in Antero Midstream by 83.9% during the fourth quarter. Arax Advisory Partners now owns 1,734 shares of the pipeline company’s stock worth $31,000 after buying an additional 791 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted 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 worth $39,000 after buying an additional 2,199 shares in the last quarter. Finally, Root Financial Partners LLC lifted its position in Antero Midstream by 36.4% during the first quarter. Root Financial Partners LLC now owns 2,014 shares of the pipeline company’s stock worth $46,000 after buying an additional 537 shares in the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, insider Sheri Pearce sold 16,000 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $22.01, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $106,350.00. Following the sale, the director directly owned 68,204 shares of the company’s stock, valued at $1,450,699.08. The trade was a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on AM
Antero Midstream News Roundup
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 firm has a 50 day simple moving average of $22.22 and a 200-day simple moving average of $21.95. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of 26.39 and a beta of 0.65. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.84 and a quick ratio of 0.84. Antero Midstream Corporation has a 1-year low of $16.96 and a 1-year high of $23.83.
Antero Midstream (NYSE:AM – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The pipeline company reported $0.27 EPS 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 for the quarter, compared to analyst estimates of $326.43 million. During the same quarter in the previous year, the company earned $0.29 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, analysts expect that Antero Midstream Corporation will post 1.09 EPS for the current year.
Antero Midstream Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 12th. Shareholders of record on Wednesday, July 29th were given a $0.225 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.90 dividend on an annualized basis and a yield of 4.1%. Antero Midstream’s payout ratio is currently 107.14%.
Antero Midstream Company 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.
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