Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires New Shares in Atlas Energy Solutions Inc. $AESI

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 89,747 shares of the company’s stock, valued at approximately $1,177,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. owned about 0.07% of Atlas Energy Solutions as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of AESI. Millennium Management LLC increased its position in shares of Atlas Energy Solutions by 3,783.3% in the fourth quarter. Millennium Management LLC now owns 1,883,042 shares of the company’s stock valued at $17,738,000 after buying an additional 1,834,551 shares in the last quarter. UBS Group AG raised its stake in shares of Atlas Energy Solutions by 139.6% during the 4th quarter. UBS Group AG now owns 2,170,655 shares of the company’s stock worth $20,448,000 after buying an additional 1,264,530 shares during the last quarter. Nixon Capital LLC purchased a new stake in shares of Atlas Energy Solutions in the 4th quarter worth about $11,284,000. Wellington Management Group LLP purchased a new stake in shares of Atlas Energy Solutions in the 4th quarter worth about $10,813,000. Finally, Balyasny Asset Management L.P. grew its stake in Atlas Energy Solutions by 1,128.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,223,333 shares of the company’s stock valued at $11,524,000 after acquiring an additional 1,123,767 shares during the last quarter. 34.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on AESI. The Goldman Sachs Group raised their target price on shares of Atlas Energy Solutions from $9.00 to $14.00 and gave the company a “sell” rating in a report on Wednesday, June 3rd. Piper Sandler upped their price target on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Raymond James Financial upgraded shares of Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a research report on Tuesday, June 2nd. Royal Bank Of Canada raised their price objective on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings upgraded Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $20.00.

Atlas Energy Solutions Stock Performance

Atlas Energy Solutions stock opened at $14.43 on Friday. The stock has a fifty day moving average price of $17.41 and a 200 day moving average price of $13.57. Atlas Energy Solutions Inc. has a 52 week low of $7.64 and a 52 week high of $20.13. The firm has a market capitalization of $1.80 billion, a P/E ratio of -18.27 and a beta of 1.01. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 0.51.

About Atlas Energy Solutions

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.