Atmos Energy Corporation $ATO Shares Sold by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY cut its holdings in Atmos Energy Corporation (NYSE:ATO) by 11.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 51,795 shares of the utilities provider’s stock after selling 7,024 shares during the period. Miller Howard Investments Inc. NY’s holdings in Atmos Energy were worth $9,567,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. TABR Capital Management LLC bought a new stake in shares of Atmos Energy in the 4th quarter worth approximately $1,096,000. Swiss Life Asset Management Ltd grew its stake in Atmos Energy by 133.1% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock worth $6,814,000 after buying an additional 22,784 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Atmos Energy by 12.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock worth $30,853,000 after buying an additional 20,408 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Atmos Energy in the fourth quarter worth $34,582,000. Finally, Principal Financial Group Inc. increased its position in Atmos Energy by 30.9% in the fourth quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock worth $81,507,000 after buying an additional 114,836 shares during the period. Institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Morgan Stanley set a $183.00 price objective on shares of Atmos Energy in a report on Thursday, May 21st. Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Friday, June 19th. Truist Financial reduced their target price on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Finally, 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. One investment analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Atmos Energy has an average rating of “Hold” and an average target price of $181.90.

Atmos Energy Price Performance

Shares of NYSE ATO opened at $171.68 on Wednesday. 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 simple moving average is $177.67 and its 200 day simple moving average is $176.48. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The stock has a market cap of $28.66 billion, a P/E ratio of 21.09, a P/E/G ratio of 2.95 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) 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 net margin of 27.58% and a return on equity of 9.59%. During the same quarter in the prior year, the firm posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts expect that Atmos Energy Corporation will post 8.43 EPS for the current year.

Atmos Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) is 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.