Envestnet Asset Management Inc. Decreases Stake in Atmos Energy Corporation $ATO

Envestnet Asset Management Inc. lowered its stake in Atmos Energy Corporation (NYSE:ATO) by 1.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 635,740 shares of the utilities provider’s stock after selling 11,433 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Atmos Energy were worth $108,553,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in Atmos Energy in the 4th quarter worth $233,000. Integrated Wealth Concepts LLC grew its stake in shares of Atmos Energy by 10.8% in the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after purchasing an additional 308 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Atmos Energy by 8.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after purchasing an additional 1,331 shares during the period. Empowered Funds LLC increased its holdings in Atmos Energy by 8.5% during the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after purchasing an additional 245 shares during the period. Finally, Woodline Partners LP raised its position in Atmos Energy by 43.9% during the 1st quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after purchasing an additional 4,088 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Down 0.0%

NYSE:ATO opened at $171.44 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 0.65. The firm’s 50-day moving average price is $168.42 and its 200-day moving average price is $168.77. The company has a market capitalization of $28.36 billion, a PE ratio of 22.26, a P/E/G ratio of 2.98 and a beta of 0.75. Atmos Energy Corporation has a 1-year low of $140.85 and a 1-year high of $180.65.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates 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, equities analysts predict that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 23rd will be paid a $1.00 dividend. The ex-dividend date is Monday, February 23rd. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio is presently 51.95%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. UBS Group boosted their target price on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. Zacks Research raised shares of Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. Citigroup upped their price objective on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Mizuho lifted their target price on shares of Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and an average target price of $174.33.

Insiders Place Their Bets

In other Atmos Energy news, Director Sean Donohue sold 450 shares of Atmos Energy stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total transaction of $77,017.50. Following the completion of the transaction, the director owned 877 shares in the company, valued at approximately $150,098.55. The trade was a 33.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.43% of the stock is currently owned by company insiders.

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.