National Pension Service grew its position in Atmos Energy Corporation (NYSE:ATO – Free Report) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 221,670 shares of the utilities provider’s stock after purchasing an additional 12,979 shares during the period. National Pension Service’s holdings in Atmos Energy were worth $37,159,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Atmos Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock valued at $3,525,687,000 after purchasing an additional 276,485 shares during the period. Capital International Investors increased its holdings 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 purchasing an additional 359,780 shares during the period. State Street Corp increased 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 purchasing an additional 356,942 shares during the period. Geode Capital Management LLC increased its holdings in shares of Atmos Energy by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock valued at $703,824,000 after purchasing an additional 78,438 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of Atmos Energy by 2.3% in the third quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock valued at $638,102,000 after purchasing an additional 84,786 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a report on Tuesday, May 26th. Morgan Stanley set a $183.00 target price on Atmos Energy in a report on Thursday, May 21st. Citigroup raised their target price on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Truist Financial dropped their target price on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Finally, TD Cowen raised their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $181.90.
Atmos Energy Stock Performance
Shares of ATO stock opened at $168.96 on Monday. The company has a market capitalization of $28.20 billion, a P/E ratio of 20.76, a P/E/G ratio of 2.94 and a beta of 0.60. The business’s 50 day moving average is $183.33 and its two-hundred day moving average is $177.17. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a 12-month low of $149.98 and a 12-month high of $192.51.
Atmos Energy (NYSE:ATO – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter in the prior year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts expect that Atmos Energy Corporation will post 8.44 EPS for the current fiscal year.
Atmos Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th will be given a dividend of $1.00 per share. The ex-dividend date is Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. Atmos Energy’s dividend payout ratio is currently 49.14%.
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.
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