Strs Ohio Increases Stake in Atmos Energy Corporation $ATO

Strs Ohio boosted its stake in Atmos Energy Corporation (NYSE:ATO) by 6.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 125,228 shares of the utilities provider’s stock after purchasing an additional 7,094 shares during the quarter. Strs Ohio’s holdings in Atmos Energy were worth $23,132,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of ATO. Brighton Jones LLC acquired a new stake in shares of Atmos Energy during the 4th quarter worth $233,000. Integrated Wealth Concepts LLC grew its position in Atmos Energy by 10.8% during the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock valued at $490,000 after acquiring an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Atmos Energy by 8.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after acquiring an additional 1,331 shares during the period. Empowered Funds LLC increased its stake in Atmos Energy by 8.5% during the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after acquiring an additional 245 shares during the last quarter. Finally, Woodline Partners LP increased its stake in Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after acquiring an additional 4,088 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Performance

Atmos Energy stock opened at $176.66 on Friday. Atmos Energy Corporation has a 52 week low of $150.51 and a 52 week high of $192.51. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The stock has a market cap of $29.49 billion, a P/E ratio of 21.70, a price-to-earnings-growth ratio of 3.06 and a beta of 0.60. The stock has a 50 day moving average of $175.80 and a 200-day moving average of $176.76.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates 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 firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current fiscal 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 given a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s payout ratio is presently 49.14%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Morgan Stanley set a $190.00 target price on shares of Atmos Energy in a research report on Wednesday, June 24th. Mizuho cut their price target on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Citigroup boosted their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Atmos Energy has an average rating of “Hold” and an average target price of $183.90.

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.