Tyche Wealth Partners LLC Has $1.58 Million Stock Position in Atmos Energy Corporation $ATO

Tyche Wealth Partners LLC raised its position in Atmos Energy Corporation (NYSE:ATO) by 88.6% in the 4th quarter, HoldingsChannel reports. The fund owned 9,401 shares of the utilities provider’s stock after purchasing an additional 4,416 shares during the period. Tyche Wealth Partners LLC’s holdings in Atmos Energy were worth $1,576,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ATO. Root Financial Partners LLC acquired a new position in Atmos Energy in the 3rd quarter valued at approximately $25,000. JFS Wealth Advisors LLC raised its holdings in Atmos Energy by 85.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 73 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Atmos Energy in the 3rd quarter valued at approximately $29,000. Princeton Global Asset Management LLC raised its holdings in Atmos Energy by 270.2% in the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 127 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in Atmos Energy by 105.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Stock Performance

NYSE ATO traded down $1.01 on Tuesday, reaching $186.74. The stock had a trading volume of 22,866 shares, compared to its average volume of 1,274,177. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. The firm has a fifty day moving average of $182.80 and a two-hundred day moving average of $175.47. Atmos Energy Corporation has a 1-year low of $149.98 and a 1-year high of $192.51. The company has a market cap of $30.89 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 3.29 and a beta of 0.69.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the business posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, equities research analysts anticipate that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 23rd were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Monday, February 23rd. Atmos Energy’s dividend payout ratio is presently 51.95%.

Wall Street Analysts Forecast Growth

ATO has been the subject of a number of recent research reports. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. UBS Group increased their target price on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Morgan Stanley set a $192.00 price target on Atmos Energy in a report on Friday, February 20th. Barclays lifted their target price on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, Citigroup lifted their price objective on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and a consensus price target of $177.56.

About Atmos Energy

Atmos Energy Corporation (NYSE: ATO) is a U.S.-based natural-gas utility that primarily focuses on the regulated distribution of natural gas. Headquartered in Dallas, Texas, the company operates through local distribution systems to deliver natural gas to residential, commercial, industrial and electric generation customers. Atmos’s core activities include pipeline operations, gas distribution, system maintenance and reliability programs designed to ensure safe and continuous service to its customers.

The company’s services encompass gas delivery, system integrity and maintenance, storage and transmission connections, and customer-facing programs such as billing, conservation initiatives and energy-efficiency offerings.