Nixon Capital LLC Takes $11.28 Million Position in Atlas Energy Solutions Inc. $AESI

Nixon Capital LLC acquired a new stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,197,828 shares of the company’s stock, valued at approximately $11,284,000. Atlas Energy Solutions comprises 3.0% of Nixon Capital LLC’s holdings, making the stock its 14th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Atlas Energy Solutions by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 8,008,272 shares of the company’s stock valued at $75,438,000 after buying an additional 215,243 shares during the last quarter. Cooperman Leon G raised its position in shares of Atlas Energy Solutions by 4.0% during the third quarter. Cooperman Leon G now owns 5,366,363 shares of the company’s stock valued at $61,016,000 after buying an additional 204,268 shares during the last quarter. Cooke & Bieler LP raised its position in shares of Atlas Energy Solutions by 0.8% during the fourth quarter. Cooke & Bieler LP now owns 4,186,243 shares of the company’s stock valued at $39,434,000 after buying an additional 32,689 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of Atlas Energy Solutions by 15.6% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,324,340 shares of the company’s stock valued at $37,798,000 after buying an additional 447,557 shares during the last quarter. Finally, UBS Group AG raised its position in shares of Atlas Energy Solutions by 139.6% during the fourth quarter. UBS Group AG now owns 2,170,655 shares of the company’s stock valued at $20,448,000 after buying an additional 1,264,530 shares during the last quarter. Institutional investors own 34.59% of the company’s stock.

Atlas Energy Solutions Trading Up 3.0%

AESI stock opened at $17.01 on Thursday. Atlas Energy Solutions Inc. has a twelve month low of $7.64 and a twelve month high of $20.13. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. The firm’s fifty day simple moving average is $16.18 and its two-hundred day simple moving average is $12.77. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of -21.54 and a beta of 1.02.

Analyst Upgrades and Downgrades

AESI has been the subject of a number of recent research reports. 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. Royal Bank Of Canada raised their target price on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Stifel Nicolaus set a $28.00 target price on shares of Atlas Energy Solutions in a report on Friday, May 1st. Piper Sandler raised their target price 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. Finally, Raymond James Financial raised shares of Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a 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, the stock has a consensus rating of “Hold” and a consensus target price of $20.00.

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.