Atmos Energy Corporation $ATO Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its holdings in Atmos Energy Corporation (NYSE:ATO) by 21.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,425 shares of the utilities provider’s stock after selling 18,854 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Atmos Energy were worth $10,861,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Atmos Energy in the second quarter valued at about $2,624,975,000. Bank of America Corp DE acquired a new position in Atmos Energy in the second quarter worth about $720,212,000. Deutsche Bank AG bought a new position in Atmos Energy during the second quarter worth about $431,677,000. Legal & General Group Plc bought a new position in Atmos Energy during the second quarter worth about $276,558,000. Finally, GQG Partners LLC bought a new position in Atmos Energy during the second quarter worth about $202,443,000. 90.17% of the stock is owned by institutional investors.

Atmos Energy Trading Down 0.8%

Shares of ATO stock opened at $172.49 on Friday. The company has a market capitalization of $29.15 billion, a P/E ratio of 20.53, a P/E/G ratio of 2.78 and a beta of 0.57. Atmos Energy Corporation has a 12-month low of $154.72 and a 12-month high of $192.51. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. The firm has a 50-day moving average price of $164.04 and a 200 day moving average price of $172.55.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.08. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. The company had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. During the same quarter last year, the business posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts forecast that Atmos Energy Corporation will post 8.47 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is currently 47.62%.

Insiders Place Their Bets

In other Atmos Energy news, Director William Ware acquired 300 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the transaction, the director owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Jefferies Financial Group cut their target price on Atmos Energy from $173.00 to $167.00 and set a “hold” rating for the company in a research report on Thursday, October 1st. Argus restated a “buy” rating and set a $185.00 target price on shares of Atmos Energy in a research report on Tuesday, October 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $180.00 price target (down from $198.00) on shares of Atmos Energy in a research note on Friday, September 11th. Finally, Barclays lowered their price target on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Atmos Energy has a consensus rating of “Hold” and an average target price of $183.27.

Atmos Energy Company Profile

Atmos Energy Corporation (NYSE:ATO) is a regulated natural gas utility that distributes natural gas to residential, commercial, industrial and agricultural customers. The company also operates natural gas pipeline and storage assets, supporting the transportation and management of gas within its service areas.

Atmos Energy serves more than 3 million distribution customers across eight states, including Texas, Louisiana, Mississippi, Tennessee, Kentucky, Virginia, Kansas and Colorado. Its distribution operations include a large network of natural gas pipelines and related infrastructure, while its pipeline and storage business provides transportation and storage services primarily in Texas and Mississippi.

The company traces its history to 1906 and is headquartered in Dallas, Texas.