Swiss Life Asset Management Ltd Has $4.59 Million Stock Position in Atmos Energy Corporation $ATO

Swiss Life Asset Management Ltd lowered its position in shares of Atmos Energy Corporation (NYSE:ATO) by 31.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,405 shares of the utilities provider’s stock after selling 12,499 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Atmos Energy were worth $4,594,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Allstate Corp acquired a new position in Atmos Energy during the 3rd quarter worth approximately $961,000. TABR Capital Management LLC acquired a new position in Atmos Energy during the 4th quarter worth approximately $1,096,000. Calton & Associates Inc. acquired a new position in Atmos Energy during the 3rd quarter worth approximately $901,000. Allspring Global Investments Holdings LLC boosted its position in Atmos Energy by 12.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock worth $30,853,000 after acquiring an additional 20,408 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Atmos Energy by 1.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 899,374 shares of the utilities provider’s stock worth $153,568,000 after acquiring an additional 12,607 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Trading Down 1.2%

NYSE ATO opened at $179.71 on Thursday. The company has a market cap of $30.00 billion, a PE ratio of 22.08, a PEG ratio of 3.21 and a beta of 0.65. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The stock has a 50 day moving average of $185.57 and a 200-day moving average of $176.99.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating the consensus estimate 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 posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities research analysts anticipate that Atmos Energy Corporation will post 8.3 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, May 26th. Atmos Energy’s dividend payout ratio is 49.14%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research report on Sunday. Citigroup upped their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Barclays upped their price target on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Morgan Stanley cut their price objective on Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Finally, Weiss Ratings downgraded Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $182.11.

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.