Truist Financial Corp Sells 49,323 Shares of Antero Resources Corporation $AR
Truist Financial Corp significantly reduced its stake in Antero Resources Corporation (NYSE:AR) by selling 49,323 shares, decreasing its position by 72.2% to 18,968 shares, valued at $654,000. Despite this sale, institutional ownership of Antero Resources remains high at 83.04%, with several other funds increasing their holdings. Analysts maintain a bullish outlook on AR, with a consensus "Buy" rating and an average target price of $49.63, significantly higher than its recent trading price of $38.35.
MAY 15·MarketBeat▲
Zacks Research Issues Optimistic Outlook for AR Earnings
Zacks Research has upgraded its Q3 2026 EPS estimate for Antero Resources (NYSE: AR) to $0.98 and maintains a "Strong-Buy" rating. This optimistic outlook is shared by other analysts, resulting in a consensus "Buy" rating and a target price of $49.63. The company recently surpassed quarterly expectations, reporting $0.62 EPS against an anticipated $0.49, with revenue reaching $1.41 billion.
MAY 5·The Globe and Mail→
Analysts Offer Insights on Energy Companies: Antero Resources (AR), Occidental Petroleum (OXY) and National Fuel Gas Company (NFG)
Analysts have issued neutral "Hold" ratings for Antero Resources (AR), Occidental Petroleum (OXY), and National Fuel Gas Company (NFG), indicating neither a bullish nor bearish outlook. J.P. Morgan maintained a Hold on Antero Resources with a $49.00 target, while Truist Financial also held Occidental Petroleum, and J.P. Morgan maintained a Hold on National Fuel Gas with a $93.00 price target, despite overall market consensus suggesting a "Strong Buy" for Antero Resources and National Fuel Gas.
