Legal & General Group Plc Invests $18.29 Million in Antero Resources Corporation $AR

Legal & General Group Plc purchased a new position in Antero Resources Corporation (NYSE:AR) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 520,425 shares of the oil and natural gas company’s stock, valued at approximately $18,288,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AR. Eastern Bank acquired a new stake in Antero Resources during the 2nd quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Antero Resources during the 2nd quarter valued at approximately $29,000. Sunbelt Securities Inc. purchased a new position in shares of Antero Resources during the 3rd quarter valued at approximately $30,000. Rakuten Securities Inc. acquired a new stake in shares of Antero Resources during the second quarter worth approximately $31,000. Finally, IFP Advisors Inc grew its position in shares of Antero Resources by 59.2% during the third quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock worth $31,000 after buying an additional 345 shares in the last quarter. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Key Headlines Impacting Antero Resources

Here are the key news stories impacting Antero Resources this week:

• Positive Sentiment: Zacks Research raised its FY2028 EPS forecast to $4.48 from $4.27 and increased its FY2027 estimate to $3.64 from $3.59. These upgrades suggest improved expectations for Antero’s longer-term earnings power. MarketBeat Antero Resources estimates
• Positive Sentiment: Estimates for Q4 2026 EPS were lifted to $1.05 from $1.04, Q1 2027 EPS to $1.07 from $1.06, Q4 2027 EPS to $1.04 from $1.01, and Q3 2027 EPS to $0.91 from $0.81. MarketBeat Antero Resources estimates
• Neutral Sentiment: A Zacks review says AR has gained 9.1% since its previous earnings release and examines what may come next for the stock. The report does not identify a new company-specific catalyst, leaving commodity prices, production results and the next earnings report as key drivers. Why Is Antero Resources Up Since Last Earnings Report?
• Negative Sentiment: Nearer-term and some intermediate forecasts were reduced: Q3 2026 EPS was cut to $0.90 from $1.01, FY2026 EPS to $3.80 from $3.89, Q1 2028 EPS to $1.07 from $1.13, and Q2 2027 EPS to $0.62 from $0.72. These cuts point to softer expected results in selected periods. MarketBeat Antero Resources estimates

Antero Resources Stock Performance

Shares of AR opened at $38.47 on Monday. The business’s fifty day moving average price is $35.54 and its 200 day moving average price is $36.88. Antero Resources Corporation has a 12-month low of $29.10 and a 12-month high of $45.75. The stock has a market capitalization of $11.83 billion, a PE ratio of 11.05 and a beta of 0.34. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.40 and a quick ratio of 0.40.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Mizuho upped their price target on shares of Antero Resources from $54.00 to $57.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. UBS Group boosted their target price on shares of Antero Resources from $50.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Truist Financial cut their target price on shares of Antero Resources from $56.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. The Goldman Sachs Group reduced their price target on shares of Antero Resources from $46.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $48.00 price target on shares of Antero Resources in a research note on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Antero Resources has a consensus rating of “Moderate Buy” and a consensus price target of $48.31.

About Antero Resources

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.