Atmos Energy Corporation $ATO Shares Sold by Aventail Capital Group LP

Aventail Capital Group LP lowered its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 43.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 191,137 shares of the utilities provider’s stock after selling 146,961 shares during the quarter. Atmos Energy makes up 1.8% of Aventail Capital Group LP’s holdings, making the stock its 16th largest position. Aventail Capital Group LP owned about 0.12% of Atmos Energy worth $32,040,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Garner Asset Management Corp purchased a new position in Atmos Energy during the fourth quarter worth approximately $25,000. JFS Wealth Advisors LLC lifted its position in shares of Atmos Energy by 85.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 73 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in shares of Atmos Energy in the fourth quarter valued at approximately $26,000. Princeton Global Asset Management LLC lifted its position in shares of Atmos Energy by 270.2% in the fourth quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 127 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in shares of Atmos Energy in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Down 0.0%

Shares of NYSE ATO opened at $169.57 on Thursday. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $179.28 and a 200-day simple moving average of $176.54. The stock has a market capitalization of $28.30 billion, a PE ratio of 20.83, a PEG ratio of 2.95 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same period in the previous year, the firm posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts forecast that Atmos Energy Corporation will post 8.43 earnings per share for the current year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s payout ratio is presently 49.14%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ATO shares. Weiss Ratings downgraded Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Barclays increased their price target on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Mizuho cut their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Morgan Stanley set a $183.00 price target on Atmos Energy in a report on Thursday, May 21st. Finally, TD Cowen increased their price target on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $181.90.

Atmos Energy 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.