Kennedy Capital Management LLC Grows Position in Atlas Energy Solutions Inc. $AESI

Kennedy Capital Management LLC raised its holdings in Atlas Energy Solutions Inc. (NYSE:AESI) by 39.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,254,992 shares of the company’s stock after acquiring an additional 354,130 shares during the period. Kennedy Capital Management LLC owned approximately 1.01% of Atlas Energy Solutions worth $11,822,000 at the end of the most recent reporting period.

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

Atlas Energy Solutions Price Performance

Shares of Atlas Energy Solutions stock opened at $16.97 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 0.94. The business’s 50 day simple moving average is $16.35 and its two-hundred day simple moving average is $12.89. The stock has a market capitalization of $2.12 billion, a P/E ratio of -21.48 and a beta of 1.02. Atlas Energy Solutions Inc. has a one year low of $7.64 and a one year high of $20.13.

Analyst Ratings Changes

Several research firms have weighed in on AESI. Royal Bank Of Canada raised their price target on Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Citigroup raised their price target on Atlas Energy Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Weiss Ratings raised Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 5th. The Goldman Sachs Group raised their price target on Atlas Energy Solutions from $9.00 to $14.00 and gave the company a “sell” rating in a report on Wednesday, June 3rd. Finally, Stifel Nicolaus set a $28.00 price target on Atlas Energy Solutions in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Atlas Energy Solutions currently has an average rating of “Hold” and an average price target of $20.00.

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.