Rep. Virginia Foxx Sells Off Alliance Resource Partners, L.P. (NASDAQ:ARLP) Shares

Representative Virginia Foxx (Republican-North Carolina) recently sold shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP). In a filing disclosed on July 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Alliance Resource Partners stock on June 18th.

Representative Virginia Foxx also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 5/15/2026.

Alliance Resource Partners Price Performance

NASDAQ:ARLP traded down $0.17 during mid-day trading on Friday, reaching $24.42. 201,684 shares of the company were exchanged, compared to its average volume of 239,067. The company has a quick ratio of 0.95, a current ratio of 1.46 and a debt-to-equity ratio of 0.24. The stock has a market cap of $3.14 billion, a PE ratio of 12.85 and a beta of 0.23. Alliance Resource Partners, L.P. has a 12 month low of $22.20 and a 12 month high of $29.45. The company has a fifty day moving average of $24.71 and a 200 day moving average of $25.44.

Alliance Resource Partners (NASDAQ:ARLPGet Free Report) last announced its earnings results on Monday, April 27th. The energy company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). The company had revenue of $516.02 million during the quarter, compared to the consensus estimate of $518.24 million. Alliance Resource Partners had a return on equity of 16.87% and a net margin of 11.35%. On average, research analysts anticipate that Alliance Resource Partners, L.P. will post 2.53 EPS for the current fiscal year.

Alliance Resource Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 8th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $2.40 dividend on an annualized basis and a yield of 9.8%. Alliance Resource Partners’s dividend payout ratio is currently 126.32%.

Institutional Investors Weigh In On Alliance Resource Partners

A number of hedge funds have recently modified their holdings of the business. Morgan Stanley boosted its holdings in shares of Alliance Resource Partners by 95.4% in the 4th quarter. Morgan Stanley now owns 3,363,174 shares of the energy company’s stock valued at $78,127,000 after buying an additional 1,641,741 shares during the last quarter. Energy Income Partners LLC raised its position in Alliance Resource Partners by 145.9% during the first quarter. Energy Income Partners LLC now owns 737,328 shares of the energy company’s stock worth $20,387,000 after acquiring an additional 437,486 shares in the last quarter. ING Groep NV raised its position in Alliance Resource Partners by 76.7% during the fourth quarter. ING Groep NV now owns 668,000 shares of the energy company’s stock worth $15,518,000 after acquiring an additional 289,900 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Alliance Resource Partners by 1,636.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 268,637 shares of the energy company’s stock valued at $6,792,000 after acquiring an additional 253,165 shares during the last quarter. Finally, Mizuho Markets Americas LLC acquired a new stake in Alliance Resource Partners in the first quarter valued at $6,830,000. Institutional investors and hedge funds own 18.11% of the company’s stock.

Analysts Set New Price Targets

ARLP has been the subject of several analyst reports. Zacks Research upgraded shares of Alliance Resource Partners from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Weiss Ratings lowered shares of Alliance Resource Partners from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Finally, Wall Street Zen cut shares of Alliance Resource Partners from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Alliance Resource Partners currently has an average rating of “Buy” and a consensus price target of $30.00.

View Our Latest Stock Analysis on ARLP

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.

Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina’s 5th Congressional District. She won in the general election on November 5, 2024.

Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.

Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

About Alliance Resource Partners

(Get Free Report)

Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a Tulsa, Oklahoma–based master limited partnership engaged in the production, marketing and transportation of bituminous coal. Through its subsidiaries, the company develops, owns and operates surface and underground coal mines, providing fuel primarily for electric power generation and various industrial applications. Alliance’s integrated business model covers the extraction of raw coal, processing at preparation plants and delivery to domestic and export customers.

The partnership operates multiple mining complexes across Illinois, Indiana, Kentucky and West Virginia.

Further Reading

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