Quantbot Technologies LP purchased a new stake in shares of Antero Midstream Corporation (NYSE:AM – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 253,117 shares of the pipeline company’s stock, valued at approximately $5,758,000.
Other hedge funds have also recently modified their holdings of the company. Landscape Capital Management L.L.C. acquired a new stake in Antero Midstream during the second quarter worth about $611,000. EP Wealth Advisors LLC acquired a new position in Antero Midstream in the 2nd quarter valued at about $220,000. Callan Family Office LLC acquired a new position in Antero Midstream in the 2nd quarter valued at about $420,000. Allworth Financial LP acquired a new position in Antero Midstream in the 2nd quarter valued at about $379,000. Finally, Kayne Anderson Capital Advisors LP purchased a new stake in shares of Antero Midstream in the 2nd quarter valued at approximately $49,883,000. Hedge funds and other institutional investors own 53.97% of the company’s stock.
Trending Headlines about Antero Midstream
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.
Insider Activity at Antero Midstream
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on AM. The Goldman Sachs Group set a $24.00 price target on shares of Antero Midstream in a report on Tuesday, July 14th. Wells Fargo & Company upped their price objective on Antero Midstream from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Finally, Weiss Ratings lowered Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Antero Midstream presently has a consensus rating of “Hold” and an average target price of $24.50.
Read Our Latest Report on Antero Midstream
Antero Midstream Stock Down 0.4%
Shares of AM opened at $22.17 on Friday. The company’s 50-day moving average price is $22.22 and its 200 day moving average price is $21.92. Antero Midstream Corporation has a 12-month low of $16.96 and a 12-month high of $23.83. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.83. The firm has a market cap of $10.52 billion, a P/E ratio of 26.39 and a beta of 0.65.
Antero Midstream (NYSE:AM – Get Free Report) last announced its earnings results on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Antero Midstream had a net margin of 32.41% and a return on equity of 20.19%. The company had revenue of $327.24 million during the quarter, compared to analyst estimates of $326.43 million. During the same quarter last year, the firm posted $0.29 earnings per share. Antero Midstream’s revenue was up 7.1% compared to the same quarter last year. On average, sell-side analysts forecast that Antero Midstream Corporation will post 1.09 earnings per share for the current year.
Antero Midstream Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 12th. Investors of record on Wednesday, July 29th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.1%. Antero Midstream’s dividend payout ratio (DPR) is presently 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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