18,854 Atmos Energy Corporation $ATO Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 21.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,425 shares of the utilities provider’s stock after selling 18,854 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Atmos Energy were worth $10,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Atmos Energy during the second quarter valued at $2,624,975,000. Bank of America Corp DE grew its stake in Atmos Energy by 11.0% in the first quarter. Bank of America Corp DE now owns 4,199,433 shares of the utilities provider’s stock valued at $775,719,000 after purchasing an additional 416,933 shares in the last quarter. Deutsche Bank AG acquired a new position in Atmos Energy in the 2nd quarter worth about $431,677,000. Amundi increased its position in Atmos Energy by 40.0% in the 2nd quarter. Amundi now owns 1,823,714 shares of the utilities provider’s stock worth $314,171,000 after purchasing an additional 520,828 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in Atmos Energy in the 2nd quarter worth about $276,558,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Atmos Energy

In other news, Director William Ware bought 300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $167.59 per share, with a total value of $50,277.00. Following the completion of the transaction, the director directly owned 488 shares in the company, valued at $81,783.92. This represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.43% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on ATO. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a research note on Friday, August 28th. Barclays cut their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Truist Financial reduced their target price on shares of Atmos Energy from $179.00 to $174.00 and set a “hold” rating for the company in a research note on Thursday, October 15th. Argus reiterated a “buy” rating and issued a $185.00 target price on shares of Atmos Energy in a research note on Tuesday, October 6th. Finally, Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $183.27.

Atmos Energy Trading Down 0.8%

Shares of ATO stock opened at $172.49 on Friday. Atmos Energy Corporation has a 1 year low of $154.72 and a 1 year high of $192.51. The firm’s fifty day simple moving average is $164.04 and its 200 day simple moving average is $172.55. The firm has a market capitalization of $29.15 billion, a P/E ratio of 20.53, a price-to-earnings-growth ratio of 2.78 and a beta of 0.57. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. The firm had revenue of $879.06 million during the quarter, compared to the consensus estimate of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same period in the prior year, the firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, sell-side analysts predict that Atmos Energy Corporation will post 8.47 EPS for the current year.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is presently 47.62%.

Atmos Energy Profile

Atmos Energy Corporation (NYSE:ATO) is a regulated natural gas utility that distributes natural gas to residential, commercial, industrial and agricultural customers. The company also operates natural gas pipeline and storage assets, supporting the transportation and management of gas within its service areas.

Atmos Energy serves more than 3 million distribution customers across eight states, including Texas, Louisiana, Mississippi, Tennessee, Kentucky, Virginia, Kansas and Colorado. Its distribution operations include a large network of natural gas pipelines and related infrastructure, while its pipeline and storage business provides transportation and storage services primarily in Texas and Mississippi.

The company traces its history to 1906 and is headquartered in Dallas, Texas.