Nilsine Partners LLC Sells 22,585 Shares of Atmos Energy Corporation $ATO

Nilsine Partners LLC trimmed its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 4.3% in the fourth quarter, HoldingsChannel reports. The firm owned 501,176 shares of the utilities provider’s stock after selling 22,585 shares during the period. Atmos Energy makes up 7.3% of Nilsine Partners LLC’s portfolio, making the stock its biggest position. Nilsine Partners LLC’s holdings in Atmos Energy were worth $84,012,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Atmos Energy by 94.9% in the second quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock worth $562,851,000 after purchasing an additional 1,778,653 shares in the last quarter. Squarepoint Ops LLC increased its stake in shares of Atmos Energy by 220.1% in the second quarter. Squarepoint Ops LLC now owns 720,956 shares of the utilities provider’s stock valued at $111,107,000 after buying an additional 495,712 shares in the last quarter. Capital International Investors increased its stake in shares of Atmos Energy by 3.4% in the third quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock valued at $1,872,162,000 after buying an additional 359,780 shares in the last quarter. State Street Corp raised its holdings in shares of Atmos Energy by 3.5% in the third quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock valued at $1,815,162,000 after buying an additional 356,942 shares during the last quarter. Finally, Danske Bank A S bought a new position in shares of Atmos Energy in the third quarter valued at about $57,763,000. Institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

ATO has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. Morgan Stanley set a $192.00 target price on shares of Atmos Energy in a research report on Friday, February 20th. Citigroup increased their price target on shares of Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Finally, UBS Group boosted their price objective 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. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $175.67.

Atmos Energy Price Performance

Atmos Energy stock opened at $184.49 on Wednesday. The business’s 50-day simple moving average is $178.81 and its 200 day simple moving average is $173.92. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67. The stock has a market cap of $30.52 billion, a price-to-earnings ratio of 23.96, a P/E/G ratio of 3.20 and a beta of 0.74. Atmos Energy Corporation has a 12-month low of $141.59 and a 12-month high of $190.13.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.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 business 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 year.

Atmos Energy Dividend Announcement

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

About Atmos Energy

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.