BI Asset Management Fondsmaeglerselskab A S Has $3.76 Million Position in Atmos Energy Corporation $ATO

BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 216.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 22,000 shares of the utilities provider’s stock after buying an additional 15,049 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Atmos Energy were worth $3,757,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. W.H. Cornerstone Investments Inc. lifted its holdings in Atmos Energy by 16.7% during the 2nd quarter. W.H. Cornerstone Investments Inc. now owns 7,625 shares of the utilities provider’s stock worth $1,175,000 after purchasing an additional 1,093 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Atmos Energy by 206.8% during the third quarter. SG Americas Securities LLC now owns 26,925 shares of the utilities provider’s stock worth $4,597,000 after purchasing an additional 18,148 shares during the period. Allstate Corp bought a new stake in shares of Atmos Energy during the 3rd quarter valued at $961,000. Oregon Public Employees Retirement Fund raised its stake in Atmos Energy by 33.8% in the third quarter. Oregon Public Employees Retirement Fund now owns 18,332 shares of the utilities provider’s stock valued at $3,130,000 after purchasing an additional 4,636 shares in the last quarter. Finally, Blair William & Co. IL raised its position in shares of Atmos Energy by 8.4% in the 2nd quarter. Blair William & Co. IL now owns 1,970 shares of the utilities provider’s stock valued at $304,000 after buying an additional 152 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Insiders Place Their Bets

In other Atmos Energy news, Director Sean Donohue sold 450 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total value of $77,017.50. Following the completion of the transaction, the director owned 877 shares in the company, valued at $150,098.55. This represents a 33.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.43% of the company’s stock.

Atmos Energy Price Performance

Shares of NYSE ATO opened at $171.44 on Friday. The stock has a market cap of $28.36 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 2.98 and a beta of 0.75. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.65 and a current ratio of 1.13. Atmos Energy Corporation has a fifty-two week low of $140.85 and a fifty-two week high of $180.65. The firm’s 50-day simple moving average is $168.42 and its 200 day simple moving average is $168.70.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the firm posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, research analysts anticipate that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, February 23rd will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ATO shares. Bank of America reissued a “neutral” rating and set a $185.00 price target (up previously from $182.00) on shares of Atmos Energy in a report on Thursday, October 16th. UBS Group lifted their target price on shares of Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Citigroup lifted their target price on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. TD Cowen started coverage on shares of Atmos Energy in a research report on Wednesday, October 15th. They issued a “hold” rating on the stock. Finally, Mizuho boosted their price objective on Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $174.33.

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.