Antero Midstream Corporation (NYSE:AM – Get Free Report) has earned a consensus recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $24.00.
Several brokerages have recently issued reports on AM. Wells Fargo & Company lifted their price target on Antero Midstream from $21.00 to $23.00 and gave the company an “equal weight” rating in a research report on Friday, March 13th. Morgan Stanley upgraded Antero Midstream from an “underweight” rating to an “equal weight” rating and set a $26.00 price objective for the company in a report on Wednesday, April 22nd. UBS Group raised their target price on Antero Midstream from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, March 25th. Finally, Weiss Ratings lowered Antero Midstream from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, June 25th.
View Our Latest Report on Antero Midstream
Antero Midstream Price Performance
Antero Midstream (NYSE:AM – Get Free Report) last released its earnings results on Wednesday, April 29th. The pipeline company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The firm had revenue of $314.21 million during the quarter, compared to analyst estimates of $311.30 million. Antero Midstream had a return on equity of 20.38% and a net margin of 33.90%.The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $0.25 earnings per share. As a group, equities research analysts forecast that Antero Midstream will post 1.11 EPS for the current fiscal year.
Antero Midstream Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 13th. Stockholders of record on Wednesday, April 29th were given a dividend of $0.225 per share. The ex-dividend date was Wednesday, April 29th. This represents a $0.90 annualized dividend and a dividend yield of 4.0%. Antero Midstream’s dividend payout ratio (DPR) is 104.65%.
Insider Activity at Antero Midstream
In related news, insider Michael N. Kennedy sold 100,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $21.92, for a total transaction of $2,192,000.00. Following the completion of the sale, the insider directly owned 1,500,594 shares of the company’s stock, valued at $32,893,020.48. This represents a 6.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yvette K. Schultz sold 69,269 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $21.90, for a total transaction of $1,516,991.10. Following the sale, the insider directly owned 580,565 shares of the company’s stock, valued at approximately $12,714,373.50. This represents a 10.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Antero Midstream during the 4th quarter valued at $66,998,000. Orbis Allan Gray Ltd acquired a new stake in shares of Antero Midstream during the fourth quarter worth $25,084,000. Goldman Sachs Group Inc. raised its position in shares of Antero Midstream by 56.6% during the first quarter. Goldman Sachs Group Inc. now owns 3,874,379 shares of the pipeline company’s stock worth $69,739,000 after purchasing an additional 1,400,368 shares during the period. SIR Capital Management L.P. lifted its holdings in shares of Antero Midstream by 1,086.9% during the third quarter. SIR Capital Management L.P. now owns 1,383,349 shares of the pipeline company’s stock valued at $26,892,000 after purchasing an additional 1,266,794 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Antero Midstream by 12.5% during the fourth quarter. Geode Capital Management LLC now owns 10,472,491 shares of the pipeline company’s stock valued at $186,328,000 after purchasing an additional 1,161,684 shares during the last quarter. Institutional investors own 53.97% of the company’s stock.
More Antero Midstream News
Here are the key news stories impacting Antero Midstream this week:
- Negative Sentiment: Zacks Research lowered near-term and medium-term EPS forecasts for Antero Midstream, including FY2026 to $1.03 from $1.10 and FY2027 to $1.16 from $1.25, signaling a softer earnings outlook. Antero Midstream stock page
- Negative Sentiment: Multiple quarterly estimates were also reduced, including Q1 2027, Q2 2027, Q3 2027, and Q4 2027, which may reinforce concerns about slower earnings growth ahead. Antero Midstream stock page
- Neutral Sentiment: Despite the cuts, some longer-term forecasts remain above the current consensus estimate of $1.11 per share for the full year, suggesting analysts still see stable earnings power over time. Antero Midstream stock page
About Antero Midstream
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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