TABR Capital Management LLC Invests $1.10 Million in Atmos Energy Corporation $ATO

TABR Capital Management LLC purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 6,538 shares of the utilities provider’s stock, valued at approximately $1,096,000.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC increased its stake in shares of Atmos Energy by 206.8% during the 3rd quarter. SG Americas Securities LLC now owns 26,925 shares of the utilities provider’s stock worth $4,597,000 after purchasing an additional 18,148 shares during the last quarter. Allstate Corp bought a new stake in Atmos Energy in the third quarter worth $961,000. Oregon Public Employees Retirement Fund boosted its holdings in Atmos Energy by 33.8% in the third quarter. Oregon Public Employees Retirement Fund now owns 18,332 shares of the utilities provider’s stock worth $3,130,000 after purchasing an additional 4,636 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its holdings in Atmos Energy by 267.0% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,822 shares of the utilities provider’s stock valued at $435,000 after buying an additional 2,053 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Atmos Energy by 32.2% during the second quarter. Hsbc Holdings PLC now owns 552,595 shares of the utilities provider’s stock valued at $85,097,000 after buying an additional 134,748 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Mizuho raised their price objective on Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Morgan Stanley set a $192.00 target price on Atmos Energy in a report on Friday, February 20th. UBS Group upped their target price on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Finally, Barclays increased their price target on Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a report on Tuesday, January 27th. One equities research 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $175.67.

Atmos Energy Trading Down 2.3%

Shares of NYSE:ATO opened at $180.73 on Monday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. The stock’s 50-day moving average is $176.92 and its 200-day moving average is $173.05. The company has a market cap of $29.90 billion, a P/E ratio of 23.47, a P/E/G ratio of 3.12 and a beta of 0.74. Atmos Energy Corporation has a 52-week low of $141.59 and a 52-week high of $190.13.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations 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. Equities research analysts predict that Atmos Energy Corporation will post 7.18 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 23rd were issued a dividend of $1.00 per share. The ex-dividend date was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. Atmos Energy’s payout ratio is 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.