Louisiana State Employees Retirement System Acquires New Stake in Atmos Energy Corporation $ATO

Louisiana State Employees Retirement System acquired a new stake in Atmos Energy Corporation (NYSE:ATO) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,400 shares of the utilities provider’s stock, valued at approximately $1,552,000.

Other large investors also recently bought and sold shares of the company. Garner Asset Management Corp purchased a new stake in Atmos Energy in the 4th quarter valued at approximately $25,000. JFS Wealth Advisors LLC raised its stake in shares of Atmos Energy by 85.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after buying an additional 73 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in shares of Atmos Energy during the 4th quarter worth approximately $26,000. Princeton Global Asset Management LLC lifted its holdings in shares of Atmos Energy by 270.2% in the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after buying an additional 127 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of Atmos Energy in the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Up 0.5%

ATO stock opened at $173.15 on Thursday. The stock has a market capitalization of $28.90 billion, a P/E ratio of 21.27, a PEG ratio of 2.99 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. Atmos Energy Corporation has a one year low of $149.98 and a one year high of $192.51. The company has a 50 day moving average price of $176.04 and a two-hundred day moving average price of $176.71.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating the consensus estimate of $3.37 by $0.10. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter in the previous year, the business earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, sell-side analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Dividend Announcement

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

Analysts Set New Price Targets

ATO has been the topic of a number of recent analyst reports. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a report on Friday, June 19th. Mizuho decreased their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Barclays upped 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. Citigroup increased their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, TD Cowen lifted their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $182.60.

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.