111 Capital Makes New $935,000 Investment in Atmos Energy Corporation $ATO

111 Capital purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 5,579 shares of the utilities provider’s stock, valued at approximately $935,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Pinebridge Investments LLC acquired a new position in shares of Atmos Energy during the 4th quarter worth $1,128,000. Parallel Advisors LLC increased its stake in Atmos Energy by 17.9% in the 4th quarter. Parallel Advisors LLC now owns 7,386 shares of the utilities provider’s stock valued at $1,238,000 after purchasing an additional 1,123 shares in the last quarter. Vise Technologies Inc. increased its stake in Atmos Energy by 34.6% in the 4th quarter. Vise Technologies Inc. now owns 4,557 shares of the utilities provider’s stock valued at $764,000 after purchasing an additional 1,171 shares in the last quarter. Magellan Asset Management Ltd increased its stake in Atmos Energy by 6.1% in the 4th quarter. Magellan Asset Management Ltd now owns 138,554 shares of the utilities provider’s stock valued at $23,226,000 after purchasing an additional 7,991 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in Atmos Energy by 1.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 56,093 shares of the utilities provider’s stock valued at $9,402,000 after purchasing an additional 885 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ATO shares. Citigroup raised their price objective on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Mizuho dropped their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research note on Wednesday. Truist Financial dropped their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Finally, TD Cowen raised their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Atmos Energy currently has a consensus rating of “Hold” and a consensus price target of $181.90.

Atmos Energy Price Performance

ATO stock opened at $170.50 on Friday. Atmos Energy Corporation has a 52-week low of $149.98 and a 52-week high of $192.51. The stock’s fifty day simple moving average is $182.00 and its 200-day simple moving average is $176.87. 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 has a market capitalization of $28.46 billion, a price-to-earnings ratio of 20.95, a price-to-earnings-growth ratio of 2.92 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter last year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts expect that Atmos Energy Corporation will post 8.43 EPS for the current year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be issued a $1.00 dividend. The ex-dividend date is 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 presently 49.14%.

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.