Cohen & Steers Inc. Acquires 29,400 Shares of Atmos Energy Corporation $ATO

Cohen & Steers Inc. lifted its position in shares of Atmos Energy Corporation (NYSE:ATO) by 4.6% in the 4th quarter, Holdings Channel reports. The fund owned 671,396 shares of the utilities provider’s stock after buying an additional 29,400 shares during the quarter. Cohen & Steers Inc.’s holdings in Atmos Energy were worth $112,546,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Checchi Capital Advisers LLC boosted its stake in Atmos Energy by 3.9% in the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock worth $265,000 after purchasing an additional 60 shares during the period. MGO One Seven LLC boosted its stake in Atmos Energy by 4.3% in the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock worth $254,000 after purchasing an additional 62 shares during the period. Horizon Investments LLC boosted its stake in Atmos Energy by 1.2% in the 4th quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock worth $912,000 after purchasing an additional 67 shares during the period. Buckhead Capital Management LLC boosted its stake in Atmos Energy by 1.1% in the 4th quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock worth $1,118,000 after purchasing an additional 71 shares during the period. Finally, Norinchukin Bank The boosted its stake in Atmos Energy by 0.7% in the 3rd quarter. Norinchukin Bank The now owns 9,733 shares of the utilities provider’s stock worth $1,662,000 after purchasing an additional 72 shares during the period. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $169.82 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The business’s 50 day simple moving average is $180.42 and its two-hundred day simple moving average is $176.65. The stock has a market capitalization of $28.35 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 2.92 and a beta of 0.60. Atmos Energy Corporation has a one year low of $149.98 and a one year high of $192.51.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations 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 in the previous year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts forecast that Atmos Energy Corporation will post 8.43 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s payout ratio is 49.14%.

Analyst Ratings Changes

ATO has been the subject of several analyst reports. Truist Financial cut their target price on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Barclays raised their target price on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Morgan Stanley set a $183.00 price target on Atmos Energy in a report on Thursday, May 21st. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Finally, Citigroup raised their price target on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Atmos Energy has a consensus rating of “Hold” and an average target price 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.