Atlas Energy Solutions Inc. $AESI Shares Bought by CenterBook Partners LP

CenterBook Partners LP grew its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 109.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 305,154 shares of the company’s stock after purchasing an additional 159,223 shares during the quarter. CenterBook Partners LP’s holdings in Atlas Energy Solutions were worth $2,875,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in 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 in the last quarter. Cooperman Leon G lifted its stake in 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 in the last quarter. Cooke & Bieler LP lifted its stake in 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 in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in 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 in the last quarter. Finally, UBS Group AG lifted its stake in 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 in the last quarter. Institutional investors and hedge funds own 34.59% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Stifel Nicolaus set a $28.00 price objective on shares of Atlas Energy Solutions in a research note on Friday, May 1st. Citigroup upped their price objective on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada upped their price objective on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Piper Sandler upped their price objective on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Finally, Barclays upped their price objective on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Four equities 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, the company has a consensus rating of “Hold” and an average target price of $20.00.

Atlas Energy Solutions Price Performance

Shares of AESI opened at $17.28 on Tuesday. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of -21.87 and a beta of 1.02. Atlas Energy Solutions Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $20.13. 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 moving average is $16.04 and its 200-day moving average is $12.66.

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.