Brokerages Set Antero Midstream Corporation (NYSE:AM) PT at $24.00

Antero Midstream Corporation (NYSE:AM) has been assigned an average rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $24.00.

Several equities research analysts recently issued reports on AM shares. Wells Fargo & Company lifted their price objective on shares of Antero Midstream from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Friday, March 13th. UBS Group lifted their price objective on shares of Antero Midstream from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, March 25th. The Goldman Sachs Group lifted their price objective on shares of Antero Midstream from $18.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Morgan Stanley raised shares of Antero Midstream from an “underweight” rating to an “equal weight” rating and set a $26.00 price objective for the company in a research note on Wednesday, April 22nd. Finally, Weiss Ratings raised shares of Antero Midstream from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Friday, March 6th.

More Antero Midstream News

Here are the key news stories impacting Antero Midstream this week:

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate for Antero Midstream (AM) to $1.23 from $1.20, which suggests improving earnings power over time. Antero Midstream stock page
• Positive Sentiment: The firm also lifted FY2028 EPS estimates to $1.27 from $1.22, reinforcing a more constructive long-term outlook for the pipeline operator. Antero Midstream stock page
• Positive Sentiment: Several near- to medium-term quarterly estimates were increased, including Q1 2027, Q3 2027, and Q4 2027, which may support sentiment around future cash flow stability. Antero Midstream stock page
• Neutral Sentiment: Zacks Research maintained a Hold rating, so the upgrades were not strong enough to turn the brokerage view outright bullish. Antero Midstream stock page
• Negative Sentiment: The firm cut FY2026 EPS estimates to $1.10 from $1.16, and also reduced Q2 2026, Q3 2026, Q4 2026, and Q2 2027 forecasts, which could temper enthusiasm about near-term earnings momentum. Antero Midstream stock page

Antero Midstream Trading Up 1.7%

Shares of NYSE:AM opened at $22.17 on Friday. The firm has a fifty day moving average of $22.13 and a two-hundred day moving average of $20.06. The firm has a market capitalization of $10.53 billion, a P/E ratio of 25.78 and a beta of 0.68. Antero Midstream has a 12-month low of $16.77 and a 12-month high of $23.83. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.89.

Antero Midstream (NYSE:AM) last issued its earnings results on Wednesday, April 29th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The company had revenue of $314.21 million for the quarter, compared to analyst estimates of $311.30 million. Antero Midstream had a net margin of 33.90% and a return on equity of 20.38%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $0.25 EPS. On average, equities analysts expect that Antero Midstream will post 1.13 EPS for the current fiscal year.

Antero Midstream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 13th. Investors of record on Wednesday, April 29th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, April 29th. Antero Midstream’s payout ratio is presently 104.65%.

Insider Buying and Selling at Antero Midstream

In related news, insider Yvette K. Schultz sold 69,269 shares of Antero Midstream stock in a transaction on Monday, May 4th. The shares were sold at an average price of $21.90, for a total value of $1,516,991.10. Following the transaction, the insider owned 580,565 shares in the company, valued at $12,714,373.50. This trade represents a 10.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael N. Kennedy sold 100,000 shares of Antero Midstream stock in a transaction on Monday, May 4th. The stock was sold at an average price of $21.92, for a total transaction of $2,192,000.00. Following the completion of the transaction, the insider owned 1,500,594 shares in the company, valued at $32,893,020.48. This trade represents a 6.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 213,269 shares of company stock worth $4,713,681 in the last 90 days. 0.86% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Antero Midstream

A number of large investors have recently modified their holdings of AM. Root Financial Partners LLC acquired a new position in shares of Antero Midstream during the third quarter worth approximately $25,000. Richardson Financial Services Inc. raised its stake in shares of Antero Midstream by 330.2% during the third quarter. Richardson Financial Services Inc. now owns 1,295 shares of the pipeline company’s stock worth $25,000 after buying an additional 994 shares during the last quarter. Elevation Wealth Partners LLC bought a new stake in shares of Antero Midstream during the fourth quarter worth approximately $27,000. Quent Capital LLC bought a new stake in shares of Antero Midstream during the third quarter worth approximately $28,000. Finally, Larson Financial Group LLC raised its stake in shares of Antero Midstream by 68.1% during the fourth quarter. Larson Financial Group LLC now owns 1,747 shares of the pipeline company’s stock worth $31,000 after buying an additional 708 shares during the last quarter. 53.97% of the stock is currently owned by institutional investors and hedge funds.

About Antero Midstream

Antero Midstream Corporation is a publicly traded midstream service provider that was established in 2014 as a spin-off from Antero Resources. Headquartered in Denver, Colorado, the company owns, operates and develops midstream infrastructure to support the gathering, compression, processing, transportation and storage of natural gas, natural gas liquids (NGLs) and crude oil. Antero Midstream plays a critical role in connecting upstream production in the Appalachian Basin to end-market pipelines and processing facilities.

The company’s core operations include a network of gathering pipelines and compression stations that serve the Marcellus and Utica shale formations across West Virginia, Pennsylvania and Ohio.