Tredje AP fonden increased its holdings in Atmos Energy Corporation (NYSE:ATO – Free Report) by 238.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 45,130 shares of the utilities provider’s stock after acquiring an additional 31,808 shares during the period. Tredje AP fonden’s holdings in Atmos Energy were worth $7,565,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Atmos Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after purchasing an additional 276,485 shares in the last quarter. Capital International Investors lifted its stake 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 worth $1,872,162,000 after purchasing an additional 359,780 shares in the last quarter. State Street Corp lifted its stake 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 worth $1,815,162,000 after purchasing an additional 356,942 shares in the last quarter. Bank of America Corp DE lifted its stake in Atmos Energy by 2.3% during the third quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock worth $638,102,000 after purchasing an additional 84,786 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Atmos Energy by 0.6% during the third quarter. Invesco Ltd. now owns 3,099,360 shares of the utilities provider’s stock worth $529,216,000 after purchasing an additional 17,022 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have commented on ATO shares. Citigroup upped their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. TD Cowen upped their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday. Weiss Ratings cut Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. Finally, Barclays upped their price target on 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 investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $182.70.
Atmos Energy Stock Down 0.3%
Shares of NYSE ATO opened at $178.02 on Wednesday. The stock has a market cap of $29.72 billion, a P/E ratio of 21.87, a PEG ratio of 3.09 and a beta of 0.65. 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 12-month low of $149.98 and a 12-month high of $192.51. The business’s fifty day simple moving average is $184.98 and its 200-day simple moving average is $177.10.
Atmos Energy (NYSE:ATO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.10. The business had revenue of $1.96 billion for 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 period last year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities analysts predict that Atmos Energy Corporation will post 8.48 EPS for the current fiscal year.
Atmos Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, May 26th. 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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