UBS Group AG Sells 282,015 Shares of Atmos Energy Corporation $ATO

UBS Group AG lessened its holdings in Atmos Energy Corporation (NYSE:ATO) by 32.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 587,461 shares of the utilities provider’s stock after selling 282,015 shares during the period. UBS Group AG’s holdings in Atmos Energy were worth $98,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Atmos Energy in the 3rd quarter valued at $25,000. JFS Wealth Advisors LLC grew its holdings in shares of Atmos Energy by 85.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 73 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Atmos Energy in the 3rd quarter worth about $29,000. Princeton Global Asset Management LLC grew its holdings in shares of Atmos Energy by 270.2% in the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 127 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Atmos Energy by 105.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Down 0.6%

Shares of NYSE:ATO opened at $188.80 on Friday. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The company’s 50-day moving average price is $185.68 and its two-hundred day moving average price is $176.72. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67. The firm has a market cap of $31.23 billion, a P/E ratio of 24.52, a P/E/G ratio of 3.33 and a beta of 0.65.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the firm earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, research analysts forecast that Atmos Energy Corporation will post 8.3 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. Atmos Energy’s dividend payout ratio is currently 51.95%.

Analysts Set New Price Targets

ATO has been the topic of several analyst reports. Barclays upped their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. Morgan Stanley lowered their target price on shares of Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Truist Financial initiated coverage on shares of Atmos Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $195.00 target price on the stock. Weiss Ratings raised shares of Atmos Energy from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, April 16th. Finally, Citigroup upped their target price 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. Two research analysts have rated the stock with a Strong Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $181.11.

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.