New York State Teachers Retirement System Acquires 7,193 Shares of Atmos Energy Corporation $ATO

New York State Teachers Retirement System raised its holdings in Atmos Energy Corporation (NYSE:ATO) by 6.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 126,584 shares of the utilities provider’s stock after purchasing an additional 7,193 shares during the quarter. New York State Teachers Retirement System’s holdings in Atmos Energy were worth $23,383,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Compound Planning Inc. lifted its position in shares of Atmos Energy by 3.6% during the 4th quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after buying an additional 58 shares during the last quarter. Checchi Capital Advisers LLC boosted its stake in Atmos Energy by 3.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after buying an additional 60 shares in the last quarter. MGO One Seven LLC grew its position in Atmos Energy by 4.3% in the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after acquiring an additional 62 shares during the last quarter. Root Financial Partners LLC grew its position in Atmos Energy by 39.1% in the first quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock valued at $43,000 after acquiring an additional 66 shares during the last quarter. Finally, Horizon Investments LLC raised its stake in Atmos Energy by 1.2% during the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock worth $912,000 after acquiring an additional 67 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of ATO opened at $176.66 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The stock has a market cap of $29.49 billion, a PE ratio of 21.70, a PEG ratio of 3.06 and a beta of 0.60. Atmos Energy Corporation has a 12-month low of $150.51 and a 12-month high of $192.51. The business has a 50-day simple moving average of $175.80 and a two-hundred day simple moving average of $176.76.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same period last year, the firm posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) is currently 49.14%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ATO. TD Cowen increased their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Mizuho decreased 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. Truist Financial lowered their price objective on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Barclays increased their price objective on shares of 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, Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $183.90.

Atmos Energy Profile

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.