New York State Teachers Retirement System Cuts Stake in Antero Midstream Corporation $AM

Posted by George Bondi on Jul 7th, 2026

New York State Teachers Retirement System lowered its stake in shares of Antero Midstream Corporation (NYSE:AM – Free Report) by 9.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 340,683 shares of the pipeline company’s stock after selling 35,564 shares during the quarter. New York State Teachers Retirement System owned approximately 0.07% of Antero Midstream worth $7,768,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Antero Midstream by 0.8% in the first quarter. Royal Bank of Canada now owns 180,928 shares of the pipeline company’s stock valued at $3,256,000 after purchasing an additional 1,371 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Antero Midstream by 174.9% in the first quarter. AQR Capital Management LLC now owns 83,752 shares of the pipeline company’s stock valued at $1,508,000 after buying an additional 53,281 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Antero Midstream by 56.6% in the first quarter. Goldman Sachs Group Inc. now owns 3,874,379 shares of the pipeline company’s stock valued at $69,739,000 after buying an additional 1,400,368 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Antero Midstream by 4.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 946,082 shares of the pipeline company’s stock valued at $17,029,000 after buying an additional 43,335 shares during the last quarter. Finally, M&T Bank Corp lifted its position in shares of Antero Midstream by 5.9% during the 2nd quarter. M&T Bank Corp now owns 18,106 shares of the pipeline company’s stock valued at $344,000 after buying an additional 1,009 shares during the last quarter. Hedge funds and other institutional investors own 53.97% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Weiss Ratings lowered Antero Midstream from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, June 25th. UBS Group upped their price objective on shares of Antero Midstream from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, March 25th. Wells Fargo & Company increased their target price on shares of Antero Midstream from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, March 13th. Finally, Morgan Stanley upgraded shares of Antero Midstream from an “underweight” rating to an “equal weight” rating and set a $26.00 target price for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.00.

Check Out Our Latest Stock Analysis on AM

Insider Buying and Selling

In related news, insider Yvette K. Schultz sold 69,269 shares of the business’s 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 completion of the transaction, the insider owned 580,565 shares of the company’s stock, valued at approximately $12,714,373.50. The trade was a 10.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael N. Kennedy sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $21.92, for a total transaction of $2,192,000.00. Following the sale, the insider directly owned 1,500,594 shares in the company, valued at $32,893,020.48. This trade represents a 6.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Antero Midstream Stock Performance

Shares of NYSE AM traded up $0.59 during mid-day trading on Tuesday, hitting $22.67. The company had a trading volume of 104,102 shares, compared to its average volume of 2,710,078. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.89. Antero Midstream Corporation has a 1 year low of $16.77 and a 1 year high of $23.83. The company has a market capitalization of $10.77 billion, a price-to-earnings ratio of 26.33 and a beta of 0.64. The stock’s 50-day moving average price is $21.76 and its 200-day moving average price is $20.93.

Antero Midstream (NYSE:AM – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The company had revenue of $314.21 million for the quarter, compared to analysts’ expectations 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 period last year, the company posted $0.25 EPS. On average, sell-side analysts forecast that Antero Midstream Corporation will post 1.11 earnings per share for the current year.

Antero Midstream Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 13th. Stockholders of record on Wednesday, April 29th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Wednesday, April 29th. Antero Midstream’s dividend payout ratio (DPR) is 104.65%.

About Antero Midstream

(Free Report)

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.