Kennedy Capital Management LLC Increases Stake in Atlas Energy Solutions Inc. $AESI

Kennedy Capital Management LLC boosted its stake in Atlas Energy Solutions Inc. (NYSE:AESI) by 39.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,254,992 shares of the company’s stock after purchasing an additional 354,130 shares during the period. Kennedy Capital Management LLC’s holdings in Atlas Energy Solutions were worth $11,822,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new position in Atlas Energy Solutions in the 2nd quarter worth approximately $25,000. Quarry LP purchased a new position in Atlas Energy Solutions in the 3rd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd increased its stake in Atlas Energy Solutions by 91,500.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,748 shares of the company’s stock worth $26,000 after purchasing an additional 2,745 shares during the period. AXQ Capital LP purchased a new position in Atlas Energy Solutions in the 4th quarter worth approximately $101,000. Finally, CWM LLC increased its stake in Atlas Energy Solutions by 555.4% in the 4th quarter. CWM LLC now owns 11,175 shares of the company’s stock worth $105,000 after purchasing an additional 9,470 shares during the period. 34.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AESI shares. Stifel Nicolaus set a $28.00 price objective on Atlas Energy Solutions in a research report on Friday, May 1st. Piper Sandler lifted their price objective on Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Barclays lifted their price objective on Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. The Goldman Sachs Group lifted their price objective on Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a research report on Wednesday, June 3rd. Finally, Raymond James Financial upgraded Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research report on Tuesday, June 2nd. Four research 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. According to MarketBeat.com, Atlas Energy Solutions has a consensus rating of “Hold” and an average price target of $20.00.

Atlas Energy Solutions Stock Up 0.0%

Shares of NYSE:AESI opened at $16.97 on Monday. The stock has a fifty day simple moving average of $16.35 and a two-hundred day simple moving average of $12.89. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of -21.48 and a beta of 1.02. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $20.13. 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 Company 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.