Mizuho Markets Americas LLC Sells 44,975 Shares of Atmos Energy Corporation $ATO

Mizuho Markets Americas LLC reduced its holdings in Atmos Energy Corporation (NYSE:ATO) by 15.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 240,814 shares of the utilities provider’s stock after selling 44,975 shares during the period. Mizuho Markets Americas LLC’s holdings in Atmos Energy were worth $40,368,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in ATO. Root Financial Partners LLC bought a new position in shares of Atmos Energy in the 3rd quarter valued at about $25,000. Garner Asset Management Corp bought a new stake in Atmos Energy during the fourth quarter worth approximately $25,000. JFS Wealth Advisors LLC increased its stake in Atmos Energy by 85.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 73 shares during the last quarter. Kingdom Financial Group LLC. purchased a new stake in Atmos Energy during the fourth quarter valued at approximately $26,000. Finally, Princeton Global Asset Management LLC raised its position in Atmos Energy by 270.2% during the fourth quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 127 shares during the period. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ATO has been the subject of a number of recent research reports. Citigroup lifted their target price on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Barclays increased their price target on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Truist Financial dropped 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 note on Monday. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. Finally, Weiss Ratings downgraded shares of Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $181.50.

Atmos Energy Trading Up 0.2%

ATO opened at $177.79 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. The stock’s 50 day moving average price is $184.55 and its 200-day moving average price is $177.16. Atmos Energy Corporation has a one year low of $149.98 and a one year high of $192.51. The stock has a market cap of $29.68 billion, a price-to-earnings ratio of 21.84, a P/E/G ratio of 3.08 and a beta of 0.65.

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. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the company earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts forecast that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is 49.14%.

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.