Atmos Energy Corporation $ATO Holdings Decreased by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV trimmed its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 50.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,457 shares of the utilities provider’s stock after selling 3,457 shares during the period. Mainstay Capital Management LLC ADV’s holdings in Atmos Energy were worth $590,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Atmos Energy during the 3rd quarter valued at about $25,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Atmos Energy in the third quarter worth approximately $29,000. SBI Securities Co. Ltd. lifted its position in shares of Atmos Energy by 105.4% in the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock worth $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 during the third quarter worth approximately $33,000. Finally, Johnson Financial Group Inc. boosted its holdings in shares of Atmos Energy by 625.8% during the third quarter. Johnson Financial Group Inc. now owns 225 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 194 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Price Performance

Shares of ATO opened at $185.32 on Thursday. The firm has a market cap of $30.66 billion, a PE ratio of 24.07, a PEG ratio of 3.23 and a beta of 0.74. The firm’s 50 day moving average price is $176.28 and its 200 day moving average price is $172.76. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. Atmos Energy Corporation has a twelve month low of $141.59 and a twelve month high of $190.13.

Atmos Energy (NYSE:ATO) last posted its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 in the previous year, the company earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, research analysts expect that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.

Analyst Ratings Changes

Several research analysts have weighed in on ATO shares. Morgan Stanley set a $192.00 price objective on shares of Atmos Energy in a research note on Friday, February 20th. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Barclays boosted their price target on shares of Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a report on Tuesday, January 27th. UBS Group upped their price target on shares of Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. Finally, Citigroup increased their price objective on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $175.67.

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.