Partners Group Holding AG Sells 29,938 Shares of Atmos Energy Corporation $ATO

Partners Group Holding AG reduced its stake in Atmos Energy Corporation (NYSE:ATO) by 11.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 241,751 shares of the utilities provider’s stock after selling 29,938 shares during the quarter. Atmos Energy accounts for approximately 2.7% of Partners Group Holding AG’s holdings, making the stock its 12th largest position. Partners Group Holding AG’s holdings in Atmos Energy were worth $40,525,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ATO. Bank of America Corp DE raised its holdings in Atmos Energy by 94.9% during the second quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after acquiring an additional 1,778,653 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Atmos Energy by 26,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock valued at $173,279,000 after acquiring an additional 1,029,781 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in Atmos Energy during the fourth quarter valued at about $107,729,000. Capital International Investors raised its holdings in Atmos Energy by 3.4% during the third quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock valued at $1,872,162,000 after acquiring an additional 359,780 shares during the period. Finally, State Street Corp raised its holdings in Atmos Energy by 3.5% during the third quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock valued at $1,815,162,000 after acquiring an additional 356,942 shares during the period. 90.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ATO has been the topic of a number of recent analyst reports. Citigroup raised their price target on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Morgan Stanley decreased their price target on Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday. Barclays raised 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. Finally, Truist Financial decreased their price target on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Atmos Energy has a consensus rating of “Hold” and an average price target of $182.70.

Atmos Energy Trading Down 0.3%

Shares of Atmos Energy stock opened at $178.02 on Wednesday. The firm has a market cap of $29.72 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 3.09 and a beta of 0.65. The business has a 50-day moving average price of $184.98 and a 200-day moving average price of $177.10. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates 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 last year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts anticipate that Atmos Energy Corporation will post 8.48 EPS for the current fiscal year.

Atmos Energy Announces Dividend

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

Atmos Energy 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.