AMF Tjanstepension AB Acquires 3,072 Shares of Atmos Energy Corporation $ATO

AMF Tjanstepension AB grew its stake in Atmos Energy Corporation (NYSE:ATO) by 3.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,704 shares of the utilities provider’s stock after buying an additional 3,072 shares during the period. AMF Tjanstepension AB’s holdings in Atmos Energy were worth $19,526,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in ATO. TABR Capital Management LLC acquired a new stake in shares of Atmos Energy in the fourth quarter valued at approximately $1,096,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of Atmos Energy during the 4th quarter worth approximately $34,582,000. Swiss Life Asset Management Ltd raised its position in shares of Atmos Energy by 133.1% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock worth $6,814,000 after purchasing an additional 22,784 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Atmos Energy by 12.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock valued at $30,853,000 after buying an additional 20,408 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Atmos Energy by 30.9% during the 4th quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock valued at $81,507,000 after buying an additional 114,836 shares during the last quarter. 90.17% of the stock is owned by institutional investors.

Atmos Energy Stock Up 0.0%

Shares of NYSE ATO opened at $176.22 on Monday. Atmos Energy Corporation has a 52-week low of $152.80 and a 52-week high of $192.51. The firm has a fifty day moving average of $174.74 and a 200-day moving average of $177.08. The stock has a market capitalization of $29.42 billion, a PE ratio of 21.65, a P/E/G ratio of 3.06 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last issued its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share 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 analyst estimates of $1.94 billion. During the same period last year, the company posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts anticipate that Atmos Energy Corporation will post 8.45 EPS for the current year.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were paid a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio is 49.14%.

Wall Street Analysts Forecast Growth

ATO has been the subject of several recent research reports. Truist Financial dropped their price target on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Weiss Ratings downgraded Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Citigroup increased 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 cut their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Finally, Morgan Stanley set a $190.00 target price on shares of Atmos Energy in a report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $183.90.

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.