Atmos Energy Corporation $ATO Position Trimmed by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC trimmed its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 46.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,101 shares of the utilities provider’s stock after selling 2,682 shares during the period. GC Wealth Management RIA LLC’s holdings in Atmos Energy were worth $520,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in Atmos Energy by 206.8% in the 3rd quarter. SG Americas Securities LLC now owns 26,925 shares of the utilities provider’s stock valued at $4,597,000 after acquiring an additional 18,148 shares during the period. Allstate Corp bought a new position in Atmos Energy in the 3rd quarter valued at about $961,000. Oregon Public Employees Retirement Fund raised its holdings in Atmos Energy by 33.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 18,332 shares of the utilities provider’s stock valued at $3,130,000 after acquiring an additional 4,636 shares during the period. Swiss Life Asset Management Ltd raised its holdings in Atmos Energy by 133.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock valued at $6,814,000 after acquiring an additional 22,784 shares during the period. Finally, Calton & Associates Inc. bought a new position in Atmos Energy in the 3rd quarter valued at about $901,000. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on ATO. Morgan Stanley lowered their price target on shares of Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Citigroup raised their target price on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Barclays raised their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. Truist Financial initiated coverage on shares of Atmos Energy in a report on Tuesday, April 21st. They set a “hold” rating and a $195.00 target price on the stock. Finally, Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Two investment analysts have rated the stock with a Strong Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $181.11.

Atmos Energy Stock Performance

NYSE ATO opened at $189.94 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $31.42 billion, a price-to-earnings ratio of 24.67, a P/E/G ratio of 3.28 and a beta of 0.69. The firm’s 50 day simple moving average is $185.68 and its 200 day simple moving average is $176.72. Atmos Energy Corporation has a 1 year low of $149.98 and a 1 year high of $192.51.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.03. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. During the same quarter last year, the business posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, research analysts expect that Atmos Energy Corporation will post 8.3 earnings per share for the current fiscal 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 paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s payout ratio is presently 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.