PEAK6 LLC Acquires New Shares in Atlas Energy Solutions Inc. $AESI

PEAK6 LLC acquired a new position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 62,780 shares of the company’s stock, valued at approximately $591,000. PEAK6 LLC owned about 0.05% of Atlas Energy Solutions as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of Atlas Energy Solutions by 26.0% during the first quarter. Royal Bank of Canada now owns 249,793 shares of the company’s stock valued at $4,456,000 after purchasing an additional 51,477 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Atlas Energy Solutions by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,209 shares of the company’s stock valued at $789,000 after buying an additional 5,579 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Atlas Energy Solutions by 18.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company’s stock valued at $25,138,000 after buying an additional 219,834 shares during the period. Schnieders Capital Management LLC. acquired a new position in shares of Atlas Energy Solutions in the second quarter valued at approximately $134,000. Finally, Russell Investments Group Ltd. raised its holdings in Atlas Energy Solutions by 6.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 108,001 shares of the company’s stock valued at $1,444,000 after buying an additional 6,869 shares during the last quarter. Institutional investors and hedge funds own 34.59% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AESI shares. The Goldman Sachs Group boosted their target price on shares of Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a report on Wednesday, June 3rd. Stifel Nicolaus set a $28.00 price target on shares of Atlas Energy Solutions in a research note on Friday, May 1st. Barclays lifted their price target on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a report on Friday, May 8th. Piper Sandler boosted their price objective on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, May 18th. Finally, Raymond James Financial upgraded Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a report on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Atlas Energy Solutions presently has an average rating of “Hold” and a consensus target price of $20.00.

Atlas Energy Solutions Stock Up 0.1%

Shares of NYSE:AESI opened at $16.21 on Friday. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of -20.52 and a beta of 1.02. 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 $16.81 and its 200-day moving average is $13.13. Atlas Energy Solutions Inc. has a 1 year low of $7.64 and a 1 year high of $20.13.

About Atlas Energy Solutions

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.