Kestra Advisory Services LLC Purchases 10,461 Shares of Atmos Energy Corporation $ATO

Kestra Advisory Services LLC grew its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 167.0% in the first quarter, HoldingsChannel.com reports. The fund owned 16,725 shares of the utilities provider’s stock after acquiring an additional 10,461 shares during the quarter. Kestra Advisory Services LLC’s holdings in Atmos Energy were worth $3,089,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ATO. Garner Asset Management Corp acquired a new stake in Atmos Energy during the fourth quarter worth approximately $25,000. JFS Wealth Advisors LLC lifted its stake in 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 buying an additional 73 shares during the period. Kingdom Financial Group LLC. acquired a new position in Atmos Energy in the fourth quarter valued at approximately $26,000. Princeton Global Asset Management LLC lifted its stake in 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 buying an additional 127 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in shares of Atmos Energy during the 4th quarter worth approximately $32,000. 90.17% of the stock is owned by institutional investors.

Atmos Energy Trading Down 0.3%

Shares of Atmos Energy stock opened at $177.57 on Friday. The company has a market capitalization of $29.64 billion, a P/E ratio of 21.81, a price-to-earnings-growth ratio of 3.09 and a beta of 0.60. The stock has a fifty day simple moving average of $174.02 and a 200 day simple moving average of $177.35. Atmos Energy Corporation has a 12-month low of $154.23 and a 12-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.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating the consensus estimate of $3.37 by $0.10. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same quarter last year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, sell-side analysts anticipate that Atmos Energy Corporation will post 8.45 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy’s dividend payout ratio is 49.14%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Citigroup raised their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Morgan Stanley set a $190.00 target price on shares of Atmos Energy in a research report on Wednesday, June 24th. JPMorgan Chase & Co. raised their price target on shares of Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a report on Tuesday. Argus decreased their price target on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Finally, Weiss Ratings downgraded shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Four research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $186.42.

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.