Wellington Management Group LLP Sells 916,094 Shares of Atmos Energy Corporation $ATO

Wellington Management Group LLP trimmed its holdings in Atmos Energy Corporation (NYSE:ATO) by 8.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,467,828 shares of the utilities provider’s stock after selling 916,094 shares during the period. Wellington Management Group LLP owned 0.07% of Atmos Energy worth $1,787,382,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ATO. Root Financial Partners LLC acquired a new stake in Atmos Energy during the 3rd quarter valued at $25,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Atmos Energy in the third quarter valued at $29,000. SBI Securities Co. Ltd. increased its holdings in shares of Atmos Energy by 105.4% in the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 98 shares during the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of Atmos Energy in the third quarter valued at about $33,000. Finally, Johnson Financial Group Inc. lifted its stake in shares of Atmos Energy by 625.8% during the 3rd quarter. Johnson Financial Group Inc. now owns 225 shares of the utilities provider’s stock worth $38,000 after buying an additional 194 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on ATO shares. Zacks Research upgraded shares of Atmos Energy to a “hold” rating in a research note on Tuesday, November 18th. UBS Group boosted their price target on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. Barclays increased their price objective on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 27th. Mizuho lifted their target price on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a report on Tuesday, December 2nd. Finally, Morgan Stanley set a $192.00 target price on shares of Atmos Energy in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $175.67.

Atmos Energy Stock Performance

NYSE ATO opened at $188.65 on Friday. The firm’s fifty day moving average price is $175.09 and its two-hundred day moving average price is $172.28. The stock has a market cap of $31.21 billion, a PE ratio of 24.50, a PEG ratio of 3.23 and a beta of 0.74. Atmos Energy Corporation has a fifty-two week low of $141.59 and a fifty-two week high of $189.32. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the company earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, equities analysts expect that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were given a $1.00 dividend. The ex-dividend date was Monday, February 23rd. This represents a $4.00 annualized dividend and a yield of 2.1%. Atmos Energy’s dividend payout ratio (DPR) is currently 51.95%.

About Atmos Energy

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.