Cooke & Bieler LP Purchases 32,689 Shares of Atlas Energy Solutions Inc. $AESI

Cooke & Bieler LP boosted its position in Atlas Energy Solutions Inc. (NYSE:AESI) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,186,243 shares of the company’s stock after buying an additional 32,689 shares during the period. Cooke & Bieler LP’s holdings in Atlas Energy Solutions were worth $39,434,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AESI. Royal Bank of Canada raised its holdings in shares of Atlas Energy Solutions by 26.0% during the first quarter. Royal Bank of Canada now owns 249,793 shares of the company’s stock valued at $4,456,000 after purchasing an additional 51,477 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Atlas Energy Solutions by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,209 shares of the company’s stock worth $789,000 after acquiring an additional 5,579 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Atlas Energy Solutions by 18.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company’s stock worth $25,138,000 after purchasing an additional 219,834 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of Atlas Energy Solutions during the second quarter valued at approximately $134,000. Finally, Russell Investments Group Ltd. raised its stake in shares of Atlas Energy Solutions by 6.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 108,001 shares of the company’s stock worth $1,444,000 after purchasing an additional 6,869 shares during the period. Institutional investors own 34.59% of the company’s stock.

Insider Activity

In other news, major shareholder Chris Scholla sold 8,912 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $11.79, for a total value of $105,072.48. Following the completion of the transaction, the insider owned 567,972 shares of the company’s stock, valued at approximately $6,696,389.88. This represents a 1.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 16.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on AESI. Weiss Ratings downgraded Atlas Energy Solutions from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada upped their price target on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Stephens set a $16.00 price target on shares of Atlas Energy Solutions in a report on Tuesday, January 27th. Barclays increased their target price on Atlas Energy Solutions from $12.00 to $16.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Finally, Zacks Research raised Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $18.57.

Atlas Energy Solutions Stock Performance

Atlas Energy Solutions stock opened at $19.09 on Tuesday. Atlas Energy Solutions Inc. has a 1-year low of $7.64 and a 1-year high of $20.13. The firm has a market cap of $2.38 billion, a P/E ratio of -24.17 and a beta of 1.08. The firm has a 50-day moving average of $15.21 and a 200-day moving average of $12.10. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 0.51.

Atlas Energy Solutions 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.