Atmos Energy Corporation $ATO Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. trimmed its position in shares of Atmos Energy Corporation (NYSE:ATO) by 12.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 265,871 shares of the utilities provider’s stock after selling 37,309 shares during the period. Nomura Asset Management Co. Ltd. owned 0.16% of Atmos Energy worth $44,568,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ATO. Norges Bank acquired a new position in Atmos Energy during the 4th quarter valued at about $331,426,000. Bank of America Corp DE boosted its stake in Atmos Energy by 94.9% during the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after purchasing an additional 1,778,653 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Atmos Energy by 26,269.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock valued at $173,279,000 after purchasing an additional 1,029,781 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new position in Atmos Energy during the 4th quarter valued at about $107,729,000. Finally, Capital International Investors boosted its stake in Atmos Energy by 3.4% during the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock valued at $1,872,162,000 after purchasing an additional 359,780 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

Atmos Energy Trading Down 0.1%

Shares of NYSE:ATO opened at $168.96 on Monday. The company has a 50 day moving average of $183.33 and a 200-day moving average of $177.17. The firm has a market cap of $28.20 billion, a P/E ratio of 20.76, a P/E/G ratio of 2.94 and a beta of 0.60. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. 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 (NYSE:ATO) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same period in the prior year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, analysts anticipate that Atmos Energy Corporation will post 8.44 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, May 26th. Atmos Energy’s payout ratio is presently 49.14%.

Analysts Set New Price Targets

A number of research firms have issued reports on ATO. TD Cowen boosted their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research note on Friday, May 15th. Weiss Ratings lowered shares of Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. Citigroup upped their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Morgan Stanley set a $183.00 price target on shares of Atmos Energy in a research note on Thursday, May 21st. Finally, Truist Financial reduced their price target on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $181.90.

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.