SG Americas Securities LLC Boosts Holdings in Atmos Energy Corporation $ATO

SG Americas Securities LLC lifted its position in shares of Atmos Energy Corporation (NYSE:ATOFree Report) by 186.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,177 shares of the utilities provider’s stock after purchasing an additional 50,252 shares during the period. SG Americas Securities LLC’s holdings in Atmos Energy were worth $12,937,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ATO. Root Financial Partners LLC purchased a new stake in Atmos Energy during the 3rd quarter worth $25,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Atmos Energy in the 3rd quarter worth $29,000. SBI Securities Co. Ltd. boosted its position in Atmos Energy by 105.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after buying an additional 98 shares during the last quarter. Redmont Wealth Advisors LLC purchased a new position in Atmos Energy in the 3rd quarter valued at about $33,000. Finally, Johnson Financial Group Inc. grew its stake in shares of Atmos Energy by 625.8% during the third quarter. Johnson Financial Group Inc. now owns 225 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 194 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on ATO. Citigroup boosted their price target on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. UBS Group lifted their price objective on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Mizuho upped their target price on Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Finally, Morgan Stanley set a $192.00 target price on Atmos Energy in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $175.67.

Check Out Our Latest Research Report on Atmos Energy

Atmos Energy Stock Performance

Shares of ATO stock opened at $183.15 on Friday. The company has a market cap of $30.30 billion, a P/E ratio of 23.79, a PEG ratio of 3.17 and a beta of 0.74. The business has a 50 day moving average of $178.23 and a two-hundred day moving average of $173.59. Atmos Energy Corporation has a 52 week low of $141.59 and a 52 week high of $190.13. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67.

Atmos Energy (NYSE:ATOGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.03. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.During the same period in the prior year, the firm earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, analysts anticipate that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, February 23rd. Atmos Energy’s dividend payout ratio (DPR) is presently 51.95%.

Atmos Energy Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Atmos Energy (NYSE:ATO)

Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.