Assenagon Asset Management S.A. Reduces Position in Atmos Energy Corporation $ATO

Assenagon Asset Management S.A. decreased its position in Atmos Energy Corporation (NYSE:ATO) by 45.8% during the 4th quarter, Holdings Channel reports. The firm owned 114,386 shares of the utilities provider’s stock after selling 96,835 shares during the period. Assenagon Asset Management S.A.’s holdings in Atmos Energy were worth $19,175,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ATO. Diversified Trust Co. raised its holdings in Atmos Energy by 23.5% during the 4th quarter. Diversified Trust Co. now owns 4,030 shares of the utilities provider’s stock valued at $676,000 after buying an additional 767 shares during the last quarter. TABR Capital Management LLC bought a new stake in Atmos Energy in the 4th quarter worth $1,096,000. 180 Wealth Advisors LLC grew its holdings in Atmos Energy by 24.3% in the 4th quarter. 180 Wealth Advisors LLC now owns 4,912 shares of the utilities provider’s stock worth $823,000 after acquiring an additional 961 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Atmos Energy by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 28,084 shares of the utilities provider’s stock valued at $4,705,000 after acquiring an additional 198 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of Atmos Energy by 2.4% in the fourth quarter. Nordea Investment Management AB now owns 9,406 shares of the utilities provider’s stock valued at $1,580,000 after acquiring an additional 217 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ATO has been the subject of several recent analyst reports. Mizuho upped their price objective on shares of Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Citigroup upped their price target on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Barclays increased their price objective on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $175.67.

Atmos Energy Stock Up 0.9%

Shares of NYSE ATO opened at $183.15 on Friday. The firm has a fifty day simple moving average of $177.97 and a two-hundred day simple moving average of $173.39. Atmos Energy Corporation has a 12 month low of $141.59 and a 12 month high of $190.13. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $30.30 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 3.14 and a beta of 0.74.

Atmos Energy (NYSE:ATO) last announced its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the firm posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Equities analysts expect that Atmos Energy Corporation will post 7.18 earnings per share for the current year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were given 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 Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.

About Atmos Energy

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.