Natixis Advisors LLC cut its holdings in shares of Atmos Energy Corporation (NYSE:ATO – Free Report) by 11.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 116,484 shares of the utilities provider’s stock after selling 14,348 shares during the period. Natixis Advisors LLC’s holdings in Atmos Energy were worth $19,526,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in ATO. TABR Capital Management LLC bought a new position in Atmos Energy during the fourth quarter worth about $1,096,000. Swiss Life Asset Management Ltd lifted its stake in Atmos Energy by 133.1% during the third quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock worth $6,814,000 after purchasing an additional 22,784 shares during the period. Calton & Associates Inc. bought a new position in Atmos Energy during the third quarter worth about $901,000. Allspring Global Investments Holdings LLC lifted its stake in Atmos Energy by 12.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock worth $30,853,000 after purchasing an additional 20,408 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in Atmos Energy by 30.9% during the fourth quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock worth $81,507,000 after purchasing an additional 114,836 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have commented on the stock. Citigroup raised their price target 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. Weiss Ratings cut shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research note on Wednesday. Morgan Stanley set a $183.00 price target on shares of Atmos Energy in a research note on Thursday, May 21st. Finally, Barclays raised their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Atmos Energy presently has an average rating of “Hold” and an average target price of $181.90.
Atmos Energy Stock Performance
NYSE ATO opened at $170.50 on Friday. The firm has a market cap of $28.46 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 2.92 and a beta of 0.60. The company has a 50 day moving average of $182.00 and a 200-day moving average of $176.87. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a 1-year low of $149.98 and a 1-year high of $192.51.
Atmos Energy (NYSE:ATO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.10. The company 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 last year, the business posted $3.03 earnings per share. 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 8.43 earnings per share for the current fiscal year.
Atmos Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) is presently 49.14%.
Atmos Energy Company 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.
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