Dimensional Fund Advisors LP Has $19.71 Million Stock Holdings in Atlas Energy Solutions Inc. $AESI

Dimensional Fund Advisors LP lifted its holdings in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 12.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,502,480 shares of the company’s stock after purchasing an additional 167,758 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Atlas Energy Solutions were worth $19,713,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AESI. Thrivent Financial for Lutherans lifted its stake in shares of Atlas Energy Solutions by 1.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 53,631 shares of the company’s stock valued at $717,000 after purchasing an additional 874 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in Atlas Energy Solutions by 6.0% during the first quarter. Citizens Financial Group Inc. RI now owns 23,966 shares of the company’s stock worth $314,000 after buying an additional 1,364 shares during the last quarter. Alliancebernstein L.P. raised its holdings in Atlas Energy Solutions by 2.1% during the third quarter. Alliancebernstein L.P. now owns 72,580 shares of the company’s stock valued at $825,000 after buying an additional 1,500 shares in the last quarter. Comerica Bank raised its holdings in Atlas Energy Solutions by 2.2% during the third quarter. Comerica Bank now owns 70,197 shares of the company’s stock valued at $798,000 after buying an additional 1,504 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of Atlas Energy Solutions in the second quarter worth about $25,000. Institutional investors own 34.59% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AESI. Weiss Ratings upgraded Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. Barclays reduced their target price on Atlas Energy Solutions from $16.00 to $14.00 and set an “underweight” rating for the company in a report on Thursday, July 16th. The Goldman Sachs Group upped their target price on Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a research report on Wednesday, June 3rd. Raymond James Financial upgraded Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada dropped their price target on shares of Atlas Energy Solutions from $21.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Four investment 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $18.88.

Atlas Energy Solutions Stock Performance

AESI opened at $11.07 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.82 and a debt-to-equity ratio of 0.82. The stock’s 50 day moving average price is $14.76 and its two-hundred day moving average price is $14.08. The firm has a market capitalization of $1.38 billion, a P/E ratio of -11.65 and a beta of 1.13. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $20.13.

Atlas Energy Solutions Company 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.