Nilsine Partners LLC lessened its stake in Atmos Energy Corporation (NYSE:ATO – Free Report) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 501,176 shares of the utilities provider’s stock after selling 22,585 shares during the period. Atmos Energy comprises 7.3% of Nilsine Partners LLC’s portfolio, making the stock its biggest holding. Nilsine Partners LLC owned approximately 0.31% of Atmos Energy worth $84,012,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in ATO. MassMutual Private Wealth & Trust FSB raised its holdings in Atmos Energy by 30.4% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock valued at $48,000 after acquiring an additional 65 shares in the last quarter. Little House Capital LLC grew its holdings in shares of Atmos Energy by 0.6% during the 3rd quarter. Little House Capital LLC now owns 10,733 shares of the utilities provider’s stock worth $1,833,000 after purchasing an additional 66 shares in the last quarter. PAX Financial Group LLC increased its position in shares of Atmos Energy by 2.3% during the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock valued at $543,000 after purchasing an additional 70 shares during the period. Financial Network Wealth Advisors LLC increased its position in shares of Atmos Energy by 8.9% during the third quarter. Financial Network Wealth Advisors LLC now owns 868 shares of the utilities provider’s stock valued at $148,000 after purchasing an additional 71 shares during the period. Finally, Westside Investment Management Inc. raised its stake in shares of Atmos Energy by 19.4% in the third quarter. Westside Investment Management Inc. now owns 444 shares of the utilities provider’s stock valued at $76,000 after purchasing an additional 72 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Citigroup lifted their price target on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Mizuho increased their price objective on shares of Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. UBS Group raised their price objective on shares of Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research report on Monday, December 29th. 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 assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $175.67.
Atmos Energy Price Performance
Shares of ATO stock opened at $184.49 on Wednesday. The stock’s fifty day simple moving average is $178.81 and its 200 day simple moving average is $173.92. Atmos Energy Corporation has a one year low of $141.59 and a one year high of $190.13. The firm has a market cap of $30.52 billion, a price-to-earnings ratio of 23.96, a P/E/G ratio of 3.20 and a beta of 0.74. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02.
Atmos Energy (NYSE:ATO – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 last year, the business earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, analysts expect that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.
Atmos Energy Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s dividend payout ratio (DPR) is currently 51.95%.
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.
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