Swiss National Bank Sells 22,500 Shares of Atmos Energy Corporation $ATO

Swiss National Bank decreased its stake in shares of Atmos Energy Corporation (NYSE:ATOFree Report) by 4.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 457,900 shares of the utilities provider’s stock after selling 22,500 shares during the quarter. Swiss National Bank’s holdings in Atmos Energy were worth $78,186,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Atmos Energy in the third quarter valued at about $25,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in Atmos Energy during the third quarter valued at about $29,000. SBI Securities Co. Ltd. raised its holdings in Atmos Energy by 105.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 98 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new position in Atmos Energy in the 3rd quarter valued at approximately $33,000. Finally, Caitlin John LLC bought a new stake in shares of Atmos Energy in the 3rd quarter worth approximately $40,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

ATO has been the topic of several recent research reports. Citigroup lifted their price objective on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Morgan Stanley set a $192.00 target price on Atmos Energy in a research report on Friday, February 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Zacks Research upgraded shares of Atmos Energy to a “hold” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Atmos Energy presently has an average rating of “Hold” and an average target price of $175.67.

Check Out Our Latest Stock Analysis on ATO

Atmos Energy Trading Up 0.5%

Shares of ATO opened at $184.41 on Thursday. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock has a market cap of $30.51 billion, a PE ratio of 23.95, a PEG ratio of 3.17 and a beta of 0.74. Atmos Energy Corporation has a 1 year low of $141.59 and a 1 year high of $187.98. The stock has a 50 day simple moving average of $174.33 and a 200-day simple moving average of $172.02.

Atmos Energy (NYSE:ATOGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, beating the consensus estimate of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the firm earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, sell-side analysts predict 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. Stockholders of record on Monday, February 23rd were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, February 23rd. Atmos Energy’s payout ratio is currently 51.95%.

Atmos Energy Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Atmos Energy (NYSE:ATO)

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