California Public Employees Retirement System Sells 107,019 Shares of Atmos Energy Corporation $ATO

California Public Employees Retirement System trimmed its holdings in Atmos Energy Corporation (NYSE:ATO) by 26.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 290,843 shares of the utilities provider’s stock after selling 107,019 shares during the period. California Public Employees Retirement System’s holdings in Atmos Energy were worth $53,725,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garner Asset Management Corp acquired a new stake in shares of Atmos Energy during the fourth quarter worth about $25,000. JFS Wealth Advisors LLC lifted its holdings in shares of Atmos Energy by 85.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 73 shares in the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of Atmos Energy in the 4th quarter valued at approximately $26,000. Princeton Global Asset Management LLC grew its position 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 valued at $29,000 after purchasing an additional 127 shares during the period. Finally, Elevated Capital Advisors LLC bought a new stake in Atmos Energy during the 4th quarter worth approximately $32,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Citigroup upped their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Argus cut their price objective on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Truist Financial upped their target price on shares of Atmos Energy from $187.00 to $188.00 and gave the stock a “hold” rating in a research note on Friday. Wells Fargo & Company began coverage on Atmos Energy in a report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price target on the stock. Finally, Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Atmos Energy has a consensus rating of “Hold” and an average target price of $186.42.

Atmos Energy Stock Down 0.2%

NYSE:ATO opened at $177.38 on Tuesday. Atmos Energy Corporation has a twelve month low of $154.23 and a twelve month high of $192.51. The firm has a market capitalization of $29.61 billion, a price-to-earnings ratio of 21.79, a price-to-earnings-growth ratio of 3.08 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The stock’s 50 day moving average price is $173.93 and its two-hundred day moving average price is $177.47.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating the consensus estimate of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the prior year, the firm posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts expect that Atmos Energy Corporation will post 8.45 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The company 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. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) is currently 49.14%.

Atmos Energy 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.