Louisiana State Employees Retirement System Purchases New Holdings in Atmos Energy Corporation $ATO

Louisiana State Employees Retirement System bought a new stake in Atmos Energy Corporation (NYSE:ATO) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 8,400 shares of the utilities provider’s stock, valued at approximately $1,552,000.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC bought a new stake in shares of Atmos Energy in the 4th quarter worth approximately $233,000. Integrated Wealth Concepts LLC grew its holdings in Atmos Energy by 10.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after buying an additional 308 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Atmos Energy by 8.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after buying an additional 1,331 shares in the last quarter. Empowered Funds LLC increased its position in Atmos Energy by 8.5% in the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after acquiring an additional 245 shares during the period. Finally, Woodline Partners LP increased its holdings in shares of Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after purchasing an additional 4,088 shares during the period. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Up 0.5%

Atmos Energy stock opened at $173.15 on Thursday. The firm has a market cap of $28.90 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 2.99 and a beta of 0.60. Atmos Energy Corporation has a 1 year low of $149.98 and a 1 year high of $192.51. The firm’s 50 day moving average price is $176.04 and its two-hundred day moving average price is $176.71. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The company had revenue of $1.96 billion during 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 firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were given 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 dividend payout ratio (DPR) is 49.14%.

Analyst Ratings Changes

A number of equities analysts have issued reports on ATO shares. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research note on Friday, June 19th. Citigroup upped their price objective on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Barclays raised their target price on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Mizuho lowered their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Finally, Morgan Stanley set a $190.00 price target on shares of Atmos Energy in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $182.60.

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.