Atmos Energy Corporation $ATO Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC grew its position in Atmos Energy Corporation (NYSE:ATO) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,690 shares of the utilities provider’s stock after purchasing an additional 3,232 shares during the period. Intech Investment Management LLC’s holdings in Atmos Energy were worth $4,977,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ATO. Garner Asset Management Corp acquired a new position in shares of Atmos Energy in the fourth quarter valued at about $25,000. JFS Wealth Advisors LLC increased its holdings in shares of Atmos Energy by 85.9% in the fourth 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 during the period. Kingdom Financial Group LLC. acquired a new position in shares of Atmos Energy in the fourth quarter valued at about $26,000. Princeton Global Asset Management LLC increased its holdings in shares of Atmos Energy by 270.2% in the fourth 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 acquired a new position in shares of Atmos Energy in the fourth quarter valued at about $32,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Truist Financial cut their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday, May 18th. TD Cowen increased their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Citigroup increased their price objective on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Weiss Ratings downgraded Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $181.90.

Atmos Energy Price Performance

Shares of NYSE ATO opened at $168.96 on Monday. The stock has a market capitalization of $28.20 billion, a price-to-earnings ratio of 20.76, a PEG ratio of 2.94 and a beta of 0.60. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The firm’s 50 day simple moving average is $183.33 and its 200-day simple moving average is $177.17. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data 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 net margin of 27.58% and a return on equity of 9.59%. During the same quarter last year, the company earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts expect that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is presently 49.14%.

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.