Dimensional Fund Advisors LP has increased its stake in Antero Midstream Corporation (NYSE: AM) by 0.8%, bringing its total holdings to approximately 9,224,028 shares valued at about $179.32 million. The increase was detailed in the fund’s recent 13F filing with the Securities and Exchange Commission (SEC), which reported an additional purchase of 71,606 shares during the third quarter.
This adjustment reflects a broader trend among institutional investors in the midstream sector. Other significant shareholders have also modified their positions. For instance, Picton Mahoney Asset Management acquired a new stake valued at around $890,000 during the same quarter. Meanwhile, Victory Capital Management Inc. raised its holdings by 64.6%, now owning 556,708 shares worth approximately $10.82 million. Additionally, American Century Companies Inc. boosted its stake by 21.0%, owning 3,081,943 shares valued at $59.91 million.
Other players, such as Kingsview Wealth Management LLC and Intech Investment Management LLC, have also made notable investment moves. Kingsview acquired a new position valued at $356,000, while Intech increased its holdings by an impressive 116.1%, now holding 458,609 shares worth around $8.92 million. Collectively, institutional investors and hedge funds own 53.97% of Antero Midstream’s stock.
Analyst Ratings and Market Outlook
Recent sentiment around Antero Midstream has been largely optimistic, as analysts have adjusted their forecasts. Notably, Zacks Research raised its first-quarter earnings per share (EPS) forecast, indicating stronger near-term expectations for the company. Zacks also increased its full-year 2026 guidance from $0.96 to $1.17, enhancing earnings visibility.
Despite the positive adjustments, the broader market environment remains volatile due to geopolitical uncertainties and rising oil prices. Factors such as the upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) reports may further influence market dynamics affecting midstream companies like Antero Midstream. While Zacks maintains a “Hold” rating on the stock, some analysts have expressed caution regarding the mixed consensus on full-year EPS.
In terms of insider activity, Brooks J. Klimley, a director at Antero Midstream, sold 5,000 shares on December 16, resulting in a transaction valued at approximately $87,950. Following the sale, Klimley holds 72,622 shares valued at around $1.28 million, reflecting a 6.44% decrease in ownership.
Stock Performance and Financial Overview
As of Monday, Antero Midstream shares opened at $22.94. The company’s market capitalization stands at $10.85 billion, with a price-to-earnings ratio of 26.67. Over the past year, the stock has fluctuated between a low of $15.07 and a high of $23.10. The firm reported a net margin of 34.77% and a return on equity of 20.12% for the last quarter.
In its latest earnings report, Antero Midstream announced an EPS of $0.28, surpassing the consensus estimate of $0.24. Revenue for the quarter reached $297 million, exceeding expectations of $292.46 million. Analysts predict the company will achieve an EPS of approximately $0.95 for the current fiscal year.
The firm also declared a quarterly dividend of $0.225 per share, which was paid on February 11. This results in an annualized dividend of $0.90, representing a yield of 3.9%. The dividend payout ratio currently stands at 104.65%.
Founded in 2014 as a spin-off from Antero Resources, Antero Midstream Corporation is headquartered in Denver, Colorado. The company specializes in midstream services, focusing on the gathering, processing, transportation, and storage of natural gas and crude oil, primarily in the Appalachian Basin. Its essential infrastructure connects upstream production to end-market pipelines, ensuring efficient operations across the region.
