Boston Trust Walden Corp Cuts Stock Position in Atmos Energy Corporation $ATO

Boston Trust Walden Corp lessened its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 5.4% in the first quarter, Holdings Channel reports. The institutional investor owned 324,927 shares of the utilities provider’s stock after selling 18,518 shares during the period. Boston Trust Walden Corp’s holdings in Atmos Energy were worth $60,021,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ATO. Garner Asset Management Corp bought a new stake in Atmos Energy in the fourth quarter worth $25,000. JFS Wealth Advisors LLC increased its holdings in shares of Atmos Energy by 85.9% during 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. bought a new position in shares of Atmos Energy during the fourth quarter valued at $26,000. Princeton Global Asset Management LLC raised its position in shares of Atmos Energy by 270.2% in the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 127 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in shares of Atmos Energy in the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Upgrades and Downgrades

ATO has been the topic of several recent analyst reports. Mizuho cut their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Friday, June 19th. Barclays upped their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Citigroup increased their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Morgan Stanley set a $190.00 price target on shares of Atmos Energy in a research report on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Atmos Energy has a consensus rating of “Hold” and a consensus target price of $183.90.

Atmos Energy Trading Up 2.1%

Atmos Energy stock opened at $176.66 on Friday. Atmos Energy Corporation has a one year low of $150.51 and a one year high of $192.51. The business’s fifty day moving average is $175.91 and its 200 day moving average is $176.77. The stock has a market capitalization of $29.49 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 3.00 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89.

Atmos Energy (NYSE:ATO) last issued its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the previous year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, sell-side analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were paid a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Atmos Energy’s 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.