Mn Services Vermogensbeheer B.V. Grows Stake in Atmos Energy Corporation $ATO

Mn Services Vermogensbeheer B.V. grew its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 5.5% in the fourth quarter, Holdings Channel reports. The fund owned 62,662 shares of the utilities provider’s stock after acquiring an additional 3,262 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Atmos Energy were worth $10,504,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Root Financial Partners LLC purchased a new position in Atmos Energy in the third quarter valued at approximately $25,000. JFS Wealth Advisors LLC grew its holdings in Atmos Energy by 85.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 73 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Atmos Energy in the third quarter worth $29,000. SBI Securities Co. Ltd. increased its position in Atmos Energy by 105.4% in the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock worth $33,000 after buying an additional 98 shares during the last quarter. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Atmos Energy in the third quarter valued at $33,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

ATO has been the topic of a number of recent research reports. Barclays upped their price target on Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 27th. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. UBS Group upped their price objective on shares of Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. Citigroup increased their target price on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Morgan Stanley set a $192.00 target price on shares of Atmos Energy in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and an average target price of $175.67.

Atmos Energy Trading Up 0.5%

NYSE:ATO opened at $185.61 on Thursday. Atmos Energy Corporation has a 1 year low of $141.59 and a 1 year high of $190.13. The stock’s fifty day moving average price is $179.17 and its two-hundred day moving average price is $174.00. 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 company has a market cap of $30.71 billion, a P/E ratio of 24.11, a P/E/G ratio of 3.19 and a beta of 0.69.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the business earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, analysts expect that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.

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.