Renaissance Technologies LLC Purchases 114,800 Shares of Atmos Energy Corporation $ATO

Renaissance Technologies LLC lifted its position in Atmos Energy Corporation (NYSE:ATO) by 220.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 166,800 shares of the utilities provider’s stock after buying an additional 114,800 shares during the quarter. Renaissance Technologies LLC’s holdings in Atmos Energy were worth $30,811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of ATO. Garner Asset Management Corp acquired a new position in Atmos Energy in the 4th quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new position in Atmos Energy during the 4th quarter worth $26,000. JFS Wealth Advisors LLC lifted its position in Atmos Energy by 85.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 73 shares during the last quarter. Princeton Global Asset Management LLC boosted its holdings in Atmos Energy by 270.2% during 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 during the period. Finally, Elevated Capital Advisors LLC bought a new stake in Atmos Energy during the fourth quarter valued at about $32,000. 90.17% of the stock is owned by institutional investors.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $179.60 on Wednesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The company has a market cap of $29.98 billion, a PE ratio of 22.06, a price-to-earnings-growth ratio of 3.09 and a beta of 0.60. The firm has a fifty day moving average price of $173.78 and a two-hundred day moving average price of $177.92. Atmos Energy Corporation has a fifty-two week low of $154.53 and a fifty-two week high of $192.51.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate 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 in the previous year, the firm posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts expect that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Atmos Energy’s dividend payout ratio (DPR) is 49.14%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ATO shares. Mizuho dropped their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research note on Sunday. Truist Financial raised their target price on Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a report on Friday, July 17th. Barclays dropped 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. Finally, Argus cut their price target on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $186.92.

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.