Pacer Advisors Inc. Grows Position in Atmos Energy Corporation $ATO

Pacer Advisors Inc. grew its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 41.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,168 shares of the utilities provider’s stock after purchasing an additional 5,648 shares during the quarter. Pacer Advisors Inc.’s holdings in Atmos Energy were worth $3,213,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Garner Asset Management Corp purchased a new stake in shares of Atmos Energy during the 4th quarter valued at approximately $25,000. JFS Wealth Advisors LLC grew its stake 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 buying an additional 73 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in Atmos Energy in the 4th quarter valued at approximately $26,000. Princeton Global Asset Management LLC raised its holdings in Atmos Energy by 270.2% during 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 during the period. Finally, Elevated Capital Advisors LLC bought a new stake in Atmos Energy during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $171.68 on Wednesday. The business has a 50 day moving average of $177.67 and a 200 day moving average of $176.48. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. The company has a market cap of $28.66 billion, a PE ratio of 21.09, a P/E/G ratio of 2.95 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.10. The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same quarter in the previous year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities research analysts forecast that Atmos Energy Corporation will post 8.43 earnings per share for the current year.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Atmos Energy’s payout ratio is presently 49.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Citigroup raised their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Truist Financial dropped their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research note on Friday, June 19th. Mizuho cut their price target on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Finally, TD Cowen boosted their price objective on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. One analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $181.90.

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.