Antero Midstream (NYSE:AM) Stock Rating Cut to Strong Sell at Zacks Research

Zacks Research downgraded shares of Antero Midstream (NYSE:AM) from a hold rating to a strong sell rating in a report released on Monday morning,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.

Other research analysts have also issued research reports about the stock. The Goldman Sachs Group set a $24.00 price target on shares of Antero Midstream in a research report on Tuesday, July 14th. UBS Group cut their price objective on Antero Midstream from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Monday, September 21st. Weiss Ratings downgraded Antero Midstream from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. 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 Antero Midstream from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Antero Midstream has an average rating of “Hold” and an average price target of $24.20.

Antero Midstream Stock Up 0.4%

NYSE AM opened at $20.57 on Monday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.84 and a quick ratio of 0.84. The company’s 50 day simple moving average is $21.58 and its 200 day simple moving average is $21.78. Antero Midstream has a 12 month low of $16.96 and a 12 month high of $23.83. The company has a market capitalization of $9.77 billion, a P/E ratio of 24.49 and a beta of 0.72.

Antero Midstream (NYSE:AM) last released its earnings results on Wednesday, July 29th. The pipeline company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $327.24 million during the quarter, compared to analyst estimates of $326.43 million. Antero Midstream had a net margin of 32.41% and a return on equity of 20.19%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 earnings per share. Equities research analysts expect that Antero Midstream will post 1.09 earnings per share for the current fiscal year.

Antero Midstream Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 11th. Investors of record on Wednesday, October 28th will be paid a $0.2250 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.90 dividend on an annualized basis and a yield of 4.4%. Antero Midstream’s dividend payout ratio (DPR) is currently 107.14%.

Insider Transactions at Antero Midstream

In other Antero Midstream news, insider Sheri Pearce sold 16,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $22.01, for a total transaction of $352,160.00. Following the sale, the insider owned 83,900 shares in the company, valued at approximately $1,846,639. The trade was a 16.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Brooks Klimley sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $21.27, for a total value of $106,350.00. Following the sale, the director owned 68,204 shares in the company, valued at approximately $1,450,699.08. The trade was a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AM. Amundi lifted its holdings in shares of Antero Midstream by 70.8% in the second quarter. Amundi now owns 940,170 shares of the pipeline company’s stock valued at $21,389,000 after purchasing an additional 389,859 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of Antero Midstream by 285.7% in the second quarter. Squarepoint Ops LLC now owns 77,056 shares of the pipeline company’s stock worth $1,753,000 after buying an additional 57,077 shares during the period. Kayne Anderson Capital Advisors LP acquired a new stake in shares of Antero Midstream in the second quarter worth $49,883,000. Cetera Investment Advisers boosted its position in shares of Antero Midstream by 9.9% in the first quarter. Cetera Investment Advisers now owns 867,200 shares of the pipeline company’s stock worth $19,772,000 after buying an additional 77,936 shares during the period. Finally, Bank of Nova Scotia purchased a new position in shares of Antero Midstream during the second quarter valued at $3,763,000. 53.97% of the stock is owned by hedge funds and other institutional investors.

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.