ProShare Advisors LLC cut its holdings in Atmos Energy Corporation (NYSE:ATO – Free Report) by 14.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 948,759 shares of the utilities provider’s stock after selling 163,338 shares during the quarter. ProShare Advisors LLC owned approximately 0.57% of Atmos Energy worth $159,040,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the business. North Dakota State Investment Board acquired a new stake in Atmos Energy in the fourth quarter valued at about $909,000. Elyxium Wealth LLC acquired a new stake in Atmos Energy in the fourth quarter valued at about $74,000. Accredited Investors Inc. acquired a new stake in Atmos Energy in the fourth quarter valued at about $727,000. Canada Post Corp Registered Pension Plan boosted its stake in Atmos Energy by 29.7% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 3,708 shares of the utilities provider’s stock valued at $622,000 after buying an additional 850 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in Atmos Energy in the fourth quarter valued at about $208,000. 90.17% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ATO has been the topic of several research analyst reports. TD Cowen raised their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research note on Friday. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday. Truist Financial reduced their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research note on Monday. Citigroup increased their target price on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Barclays increased their target price on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. One 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 company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $182.70.
Atmos Energy Price Performance
Atmos Energy stock opened at $178.93 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $29.87 billion, a PE ratio of 21.98, a P/E/G ratio of 3.12 and a beta 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 price of $185.13 and a two-hundred day moving average price of $177.05.
Atmos Energy (NYSE:ATO – Get Free Report) last posted its earnings results 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 firm 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 period last year, the company earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts expect that Atmos Energy Corporation will post 8.3 EPS for the current year.
Atmos Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. Atmos Energy’s dividend payout ratio is presently 49.14%.
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.
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