Dynamic Technology Lab Private Ltd Buys Shares of 4,602 Atmos Energy Corporation $ATO

Dynamic Technology Lab Private Ltd purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO) in the third quarter, Holdings Channel.com reports. The fund purchased 4,602 shares of the utilities provider’s stock, valued at approximately $786,000.

Several other institutional investors have also recently made changes to their positions in ATO. Parallel Advisors LLC grew its position in Atmos Energy by 53.1% in the third quarter. Parallel Advisors LLC now owns 6,263 shares of the utilities provider’s stock worth $1,069,000 after acquiring an additional 2,172 shares during the period. Blair William & Co. IL lifted its stake in shares of Atmos Energy by 8.9% in the 3rd quarter. Blair William & Co. IL now owns 2,146 shares of the utilities provider’s stock valued at $366,000 after purchasing an additional 176 shares during the last quarter. Neo Ivy Capital Management purchased a new position in shares of Atmos Energy during the 3rd quarter worth $238,000. One Wealth Capital Management LLC grew its holdings in shares of Atmos Energy by 8.6% during the 3rd quarter. One Wealth Capital Management LLC now owns 1,745 shares of the utilities provider’s stock worth $298,000 after purchasing an additional 138 shares during the period. Finally, Crossmark Global Holdings Inc. increased its position in shares of Atmos Energy by 13.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 14,468 shares of the utilities provider’s stock worth $2,470,000 after purchasing an additional 1,698 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Atmos Energy stock opened at $185.14 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67. Atmos Energy Corporation has a 52-week low of $141.59 and a 52-week high of $187.98. The firm has a market cap of $30.63 billion, a PE ratio of 24.04, a price-to-earnings-growth ratio of 3.20 and a beta of 0.74. The company’s 50 day moving average is $173.70 and its two-hundred day moving average is $171.82.

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

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Mizuho increased their target price on shares of Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. UBS Group upped their price objective on shares of Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Zacks Research upgraded shares of Atmos Energy to a “hold” rating in a report on Tuesday, November 18th. Barclays boosted their target price on Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 27th. Finally, Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $175.67.

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.