Intech Investment Management LLC Raises Stock Holdings in Atmos Energy Corporation $ATO

Intech Investment Management LLC raised its holdings in Atmos Energy Corporation (NYSE:ATO) by 120.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,458 shares of the utilities provider’s stock after purchasing an additional 14,478 shares during the period. Intech Investment Management LLC’s holdings in Atmos Energy were worth $4,518,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in Atmos Energy in the 3rd quarter valued at $25,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Atmos Energy during the third quarter valued at $29,000. SBI Securities Co. Ltd. lifted its holdings in Atmos Energy by 105.4% during the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 98 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Atmos Energy in the third quarter valued at about $33,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Atmos Energy by 30.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 65 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Zacks Research raised shares of Atmos Energy to a “hold” rating in a research note on Tuesday, November 18th. Mizuho raised their target price on Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Barclays lifted their price target on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 27th. Citigroup increased their price objective on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Finally, Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $175.67.

Atmos Energy Trading Up 1.7%

Shares of ATO stock opened at $186.79 on Friday. The company’s 50-day moving average price is $171.56 and its 200-day moving average price is $170.94. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock has a market cap of $30.90 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 3.25 and a beta of 0.75. Atmos Energy Corporation has a twelve month low of $141.59 and a twelve month high of $187.82.

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

Atmos Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, February 23rd will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.

Insider Buying and Selling

In related news, Director Sean Donohue sold 450 shares of the stock in a transaction that occurred 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 directly owned 877 shares in the company, valued at approximately $150,098.55. This represents a 33.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.43% of the company’s stock.

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.