Antero Midstream (NYSE:AM – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Monday, Zacks reports. Zacks Research also issued estimates for Antero Midstream’s Q3 2026 earnings at $0.27 EPS, FY2026 earnings at $1.03 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.28 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $1.16 EPS, Q1 2028 earnings at $0.29 EPS, Q2 2028 earnings at $0.32 EPS, Q3 2028 earnings at $0.31 EPS and FY2028 earnings at $1.24 EPS.
A number of other analysts have also commented on the company. Weiss Ratings lowered Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. UBS Group reduced their price target on Antero Midstream from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. The Goldman Sachs Group set a $24.00 price objective on Antero Midstream in a research note on Tuesday, July 14th. Capital One Financial raised Antero Midstream from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research note on Tuesday, September 22nd. Finally, Wells Fargo & Company raised their price objective on shares of Antero Midstream from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Antero Midstream presently has a consensus rating of “Hold” and a consensus price target of $24.20.
Check Out Our Latest Analysis on AM
Antero Midstream Trading Up 0.4%
Antero Midstream (NYSE:AM – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The pipeline company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. Antero Midstream had a return on equity of 20.19% and a net margin of 32.41%. The business had revenue of $327.24 million for the quarter, compared to analyst estimates of $326.43 million. During the same quarter in the previous year, the company posted $0.29 EPS. Antero Midstream’s quarterly revenue was up 7.1% compared to the same quarter last year. As a group, sell-side analysts expect that Antero Midstream will post 1.09 EPS for the current fiscal year.
Insider Buying and Selling at Antero Midstream
In related news, Director Brooks J. Klimley sold 5,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $21.27, for a total transaction of $106,350.00. Following the completion of the transaction, the director directly owned 68,204 shares of the company’s stock, valued at $1,450,699.08. This trade represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sheri Pearce sold 16,000 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $22.01, for a total value of $352,160.00. Following the transaction, the insider directly owned 83,900 shares of the company’s stock, valued at approximately $1,846,639. This represents a 16.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new stake in Antero Midstream during the second quarter worth approximately $25,000. Eastern Bank increased its holdings in Antero Midstream by 428.8% in the third quarter. Eastern Bank now owns 1,375 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 1,115 shares in the last quarter. Clearstead Trust LLC acquired a new position in Antero Midstream in the second quarter valued at approximately $30,000. Ancora Advisors LLC acquired a new position in Antero Midstream in the second quarter valued at approximately $38,000. Finally, Root Financial Partners LLC lifted its stake in Antero Midstream by 36.4% in the first quarter. Root Financial Partners LLC now owns 2,014 shares of the pipeline company’s stock valued at $46,000 after buying an additional 537 shares during the period. 53.97% of the stock is owned by institutional investors and hedge funds.
About Antero Midstream
Antero Midstream Corporation (NYSE: AM) owns, operates and develops midstream energy infrastructure that supports natural gas, natural gas liquids and oil production. The company’s services include gathering and compression, water handling and other infrastructure activities that help producers transport hydrocarbons from well sites to processing and takeaway facilities.
Antero Midstream primarily serves Antero Resources’ operations in the Appalachian Basin, particularly in West Virginia and Ohio.
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