BLI Banque de Luxembourg Investments Raises Stake in Atmos Energy Corporation $ATO

BLI Banque de Luxembourg Investments lifted its position in shares of Atmos Energy Corporation (NYSE:ATO) by 103.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,000 shares of the utilities provider’s stock after buying an additional 16,300 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in Atmos Energy were worth $5,397,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Garner Asset Management Corp purchased a new stake in shares of Atmos Energy during the fourth quarter worth about $25,000. Kingdom Financial Group LLC. purchased a new stake in shares of Atmos Energy during the fourth quarter worth about $26,000. JFS Wealth Advisors LLC grew its holdings in shares of Atmos Energy by 85.9% during the fourth 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. Princeton Global Asset Management LLC grew its holdings in shares of Atmos Energy by 270.2% during the fourth quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock worth $29,000 after buying an additional 127 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Atmos Energy by 105.4% during the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock worth $33,000 after buying an additional 98 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Trading Down 0.2%

Shares of ATO stock opened at $167.52 on Wednesday. The stock has a market cap of $27.96 billion, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 2.92 and a beta of 0.60. 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 fifty-two week low of $149.98 and a fifty-two week high of $192.51. The firm’s 50 day moving average price is $181.38 and its two-hundred day moving average price is $176.78.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same period in the previous year, the company posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts anticipate that Atmos Energy Corporation will post 8.43 EPS for the current year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s payout ratio is 49.14%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ATO. TD Cowen raised their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. 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 research report on Wednesday, April 8th. Weiss Ratings cut shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, June 3rd. Finally, Morgan Stanley set a $183.00 target price on shares of Atmos Energy in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and a consensus price target of $181.90.

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.