Energy Income Partners LLC Buys 3,490 Shares of Atmos Energy Corporation $ATO

Energy Income Partners LLC increased its position in shares of Atmos Energy Corporation (NYSE:ATO) by 1.0% during the first quarter, Holdings Channel reports. The institutional investor owned 363,311 shares of the utilities provider’s stock after purchasing an additional 3,490 shares during the quarter. Energy Income Partners LLC’s holdings in Atmos Energy were worth $67,111,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ATO. Excelsior Advisor Network LLC bought a new position in Atmos Energy during the first quarter valued at about $557,000. Quantinno Capital Management LP lifted its position in shares of Atmos Energy by 62.6% in the 1st quarter. Quantinno Capital Management LP now owns 174,843 shares of the utilities provider’s stock worth $32,297,000 after acquiring an additional 67,301 shares during the period. Gateway Wealth Partners LLC bought a new stake in shares of Atmos Energy in the 1st quarter worth approximately $1,047,000. Quadcap Wealth Management LLC acquired a new stake in shares of Atmos Energy during the 1st quarter worth approximately $432,000. Finally, Delta Global Management LP acquired a new stake in shares of Atmos Energy during the 1st quarter worth approximately $2,505,000. 90.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Truist Financial upped their target price on Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. lifted their price target on shares of Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Mizuho lowered their price target on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Wall Street Zen upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a research note on Sunday. Finally, Barclays dropped their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and an average price target of $186.92.

Atmos Energy Stock Performance

Shares of NYSE:ATO opened at $178.26 on Tuesday. 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 fifty day moving average price is $173.75 and its two-hundred day moving average price is $177.82. Atmos Energy Corporation has a fifty-two week low of $154.23 and a fifty-two week high of $192.51. The stock has a market capitalization of $29.76 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 3.11 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.94 billion. During the same period last year, the business earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, analysts predict that Atmos Energy Corporation will post 8.44 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, May 26th. 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.